386 St George Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1,125-square-foot home built in 1986 on a 5,081-square-foot lot in the Worthington neighbourhood of Winnipeg. Its assessed value is $347,000.
The property’s main strength is its age. Built in 1986, it is newer than most homes on the street (average 1965), in the neighbourhood (average 1962), and across the city (average 1966). This often means fewer immediate updates to major systems like roofing, wiring, or plumbing compared to older homes in the area.
The assessed value is slightly above the neighbourhood average ($315,300) but below the citywide average ($390,100). The living area is close to typical for both the street and neighbourhood, though it is a bit smaller than the citywide average for comparable homes. The lot is on the smaller side relative to nearby properties.
Where the appeal lies: This house offers a solid, relatively newer home in an established neighbourhood, without the premium price tag of a newly built property. The fact that it ranks in the top third for assessed value within Worthington suggests it holds its value well compared to its immediate neighbours. It may also appeal to buyers who want a house that doesn't feel cramped but isn't oversized for a smaller lot—potentially meaning less exterior maintenance.
What type of buyer it would suit: Someone who wants a move-in-ready home in a central neighbourhood, values newer construction over character details, and is less concerned with having a large yard. It could also work well for a buyer who wants to avoid the renovation headaches common with older Winnipeg homes, or for someone downsizing from a larger older house but not ready for a condo.
Frequently Asked Questions
1. How does the lot size compare to other homes in Worthington?
It is below average for the street and neighbourhood. The lot is 5,081 sqft, while the Worthington average is 7,831 sqft. Citywide, it is close to typical. This means less yard to maintain but also less outdoor space for gardens or expansion.
2. Is this house overpriced relative to its neighbours?
Not significantly. Its assessed value of $347,000 is slightly above the street average ($343,500) but well within a normal range. It ranks in the top 30% of the neighbourhood for value, meaning it is priced a bit higher than many nearby homes—likely reflecting its newer build year.
3. What does "Taon ng Paggawa" mean?
That is Tagalog for "Year of Construction" or "Year Built." In this data set, 1986 is the build year for this property.
4. How energy-efficient or updated is a 1986 home likely to be?
This is a reasonable question, but the data provided does not include specific details about insulation, windows, or mechanical systems. A 1986 home is newer enough to likely avoid knob-and-tube wiring or lead pipes, but it predates modern energy codes. A home inspection and a look at the furnace and window ages would be the next step.
5. Is this a good property for someone who wants to add an extension?
That would depend on the specific zoning and setback rules for this lot. The lot is smaller than average, which may limit the footprint of any addition. A buyer interested in expanding should check with the city’s planning department before making an offer. The existing living area is close to the neighbourhood average, so adding square footage could push it above typical resale size for the area.