This 1975-built, 768 sqft home sits on a 4,897 sqft lot in the Worthington neighbourhood. Its main appeal is value alignment: the assessed value sits around the street and neighbourhood averages, meaning you’re likely paying in line with what’s typical for the area. The home is newer than most on the street—ranked in the top 19% for year built—which may appeal to buyers wanting a more modern structure without a premium price tag. However, the living area is below average at every level (street, neighbourhood, city), and the lot is notably smaller than others on Worthington Avenue (ranked 160th out of 174). This suggests trade-offs: you get a solid, well-valued home in a decent neighbourhood, but with less square footage and outdoor space than typical nearby properties. It suits first-time buyers, downsizers, or investors prioritizing assessed-value stability over maximum space. It’s less ideal for families needing generous living or yard room, or for those expecting lots of future lot-split potential.
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Does the below-average living area mean the home feels cramped?
Not necessarily—768 sqft is compact, but the layout matters more than the total. If the floorplan is efficient (no wasted hallway space), you may feel it’s enough for one or two people. It’s worth visiting to see how the space is used.
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Why is the lot size so much smaller than others on the same street?
The street average lot is over 10,000 sqft, so this lot is about half that size. This could be due to the home being built as part of a denser infill phase in the 1970s, or the property being a remnant subdivision. Check the zoning—smaller lots sometimes mean less redevelopment potential.
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How does the assessed value of 316k compare to actual market prices?
Assessed value is not market value; it’s a baseline for property tax. In Winnipeg, market prices can be above or below assessment depending on demand. You’d want a CMA (comparative market analysis) to see recent sale prices for similar properties in Worthington.
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Is the neighbourhood (Worthington) generally considered desirable?
The data shows the neighbourhood is mixed—median home values and ages are average, but living areas trend below city norms. It’s not a high-demand area, but it’s stable. Look at school rankings, commute times, and local amenities to judge fit for your lifestyle.
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Should I be concerned that the home is 50 years old?
Not automatically—1975 construction is past the era of major asbestos or lead-pipe risks, but standard aging issues (roof, furnace, windows) matter more than the year itself. A home inspection is recommended; the newer build date relative to the street is a slight positive, but doesn’t guarantee low maintenance.