19 Chokecherry Cove – Property Summary
Key Characteristics & Buyer Profile
This is a compact, well-priced home on a small lot in Winnipeg’s Worthington area. At 691 square feet, the living area is noticeably smaller than most homes on its street, in its neighbourhood, and across the city — ranking in the bottom 10–15% at every level. The assessed value, however, tells a different story: it sits right around the neighbourhood and citywide averages, suggesting the price reflects the modest size rather than any major discount.
The year built (1985) is a subtle advantage. While it’s average for the street, it’s newer than most homes in the neighbourhood (top 15%) and citywide (top 29%), meaning the structure and systems may require less immediate attention than an older property. The land area (2,694 sqft) is the smallest on the street — last out of 15 — and well below neighbourhood and city norms. That may limit expansion potential or privacy from neighbours, but it also means less outdoor maintenance.
Appeal: The main draw here is affordability relative to the neighbourhood. You’re getting a home priced in line with local averages despite being much smaller, which could mean a lower barrier to entry in an area where larger, older homes dominate. The newer build relative to the neighbourhood is also a plus for buyers wary of major renovations.
Who it suits: First-time buyers looking for a manageable footprint and a price point that stays competitive; downsizers who prioritize a newer, lower-maintenance home over space; or investors seeking a property that offers reasonable value per square foot compared to surrounding homes.
Frequently Asked Questions
1. How does the small living area affect resale value?
The assessed value suggests the market has already priced in the smaller square footage. But when you resell, the pool of buyers will likely be limited to those specifically seeking a compact home. Larger families or buyers looking for “room to grow” may pass it over. The low ranking on the street (13th out of 15) means it’s an outlier, which can sometimes slow a sale.
2. What’s the trade-off with the small lot?
Less yard work, which appeals to some buyers. But it also means limited space for additions, a garage, or a larger garden. The fact that this is the smallest lot on the street means neighbours likely have more private outdoor space. Check for zoning restrictions if expansion is a future consideration.
3. Is the assessed value a reliable indicator of market price?
Assessed value is a rough benchmark, not a guarantee. In this case, the home is assessed around the neighbourhood average despite being smaller and on a smaller lot. That could mean the interior condition, finishes, or location within the street are above par — or it could reflect a market where smaller homes are holding value well. Always compare recent sales of similar-sized homes in Worthington.
4. How does the 1985 build compare to older homes in the area?
Many homes in Worthington were built in the early 1960s or earlier. A 1985 home typically has modern electrical, plumbing, and insulation standards, plus a roof and foundation that are likely younger. That can mean lower immediate maintenance costs. However, it may lack the character or mature landscaping that older homes on larger lots offer.
5. What should I look for during a viewing specifically because of the size?
Focus on storage and layout. At 691 sqft, efficient use of space matters more than with a larger home. Check closet sizes, kitchen counter space, and whether the floorplan feels closed off or open. Also note the lot orientation — a small lot can feel cramped if windows face neighbours directly, or surprisingly private if positioned well.