25 Maralbo Avenue E, Winnipeg
Key Characteristics & Buyer Profile
This is a compact, well-built home from 1984 that sits on a modest lot in the Worthington neighborhood. The property’s standout feature is its construction year: it’s newer than most homes on the street (ranked 12th out of 50), in the neighborhood (149th out of 811), and across the city (top 30% citywide). That means fewer major systems are approaching end-of-life compared to older nearby homes.
Where the property gives ground is in size. At 845 square feet of living space, it’s below average for the street, neighborhood, and city. The land is also tight—3,003 square feet, which is well under the neighborhood average of 7,831. This isn’t a house for someone who needs extra rooms or a large yard.
The assessed value of $288,000 sits below the street average of $336,800 but is close to the neighborhood average of $315,300. In practical terms, you’re paying a slight discount for a home that’s newer but smaller than what’s typical in the area.
Who it suits: This property works best for first-time buyers, downsizers, or investors looking for a solid, lower-maintenance entry point. It’s not a “forever home” for a growing family—the space is tight. What it offers is a newer build in a settled neighborhood without the premium price tag of larger homes on the same street. The smaller lot also means less yard work, which can appeal to people who prioritize time over outdoor space.
Frequently Asked Questions
1. Is the smaller living area a disadvantage for resale?
It depends on the buyer pool. In a neighborhood where most homes are over 1,000 square feet, this property stands out as a more affordable, efficient option. It will likely appeal most to buyers who value lower upfront cost and lower utility bills over square footage. Resale may take longer if you’re competing with larger homes in the same price range.
2. How does the 1984 build compare to older homes in the area?
Homes in Worthington average a 1962 build, so this property is about 22 years newer than the typical neighborhood home. That usually means better insulation, more modern wiring and plumbing, and less deferred maintenance. You’re less likely to face immediate big-ticket replacements like a roof or furnace compared to a 1960s home, though a 40-year-old home still has its own maintenance schedule.
3. Why is the assessed value below the street average but close to the neighborhood average?
The street on Maralbo Avenue E includes larger homes with higher values, which pulls up the street average. But the neighborhood as a whole has a mix of sizes and ages. This home’s assessed value lands close to the neighborhood median because it’s newer but smaller—offsetting factors that balance out in the valuation.
4. Is the small lot a problem for gardening, parking, or additions?
At 3,003 square feet, the lot is tight. Off-street parking is likely limited to a single driveway or small garage. There’s little room for expansion or a large garden. If you want space for RV parking, a workshop, or significant landscaping, this probably isn’t the right property.
5. How do the “rankings” compare between the city and the neighborhood?
The citywide rankings are based on all comparable homes in Winnipeg, which is a large and diverse market. A top 30% ranking for year built citywide is strong—it means the home is newer than 70% of similar properties across the city. The neighborhood rankings are more local and relevant for day-to-day living: here, the home ranks well for age but below average for size. The street-level rankings are the most granular and reflect direct competition among nearby homes.