42 Maralbo Avenue E – Property Summary
Key Characteristics & Buyer Profile
This 884-square-foot home on a 4,846-square-foot lot was built in 1983. Its standout feature is the land: on Maralbo Avenue, the lot is ranked 12th out of 50 homes (top 24%), well above the street average of 3,890 square feet. That extra yard space is a practical advantage for anyone wanting a garden, a workshop, or room to expand.
The home itself is more modest. Its living area is on the smaller side citywide (top 85%), but consistent with many homes on the same street and in the Worthington neighborhood. The assessed value of $343,000 sits slightly above the neighborhood average of $315,300, which suggests the land and location are adding noticeable value. The year built (1983) makes it newer than most properties in the area—ranked top 22% locally—which could mean fewer major structural updates needed compared to older neighboring homes.
Who this suits: Buyers who prioritize outdoor space over interior square footage and want a home that’s already decently positioned within a stable, mid-value neighborhood. It’s a fit for someone willing to compromise on interior size for a larger lot in a location where bigger lots are uncommon. Not ideal for those needing a spacious floor plan or a premium citywide address.
Frequently Asked Questions
1. How does the lot size compare to other homes in Worthington?
While the lot is large for its immediate street (top 24%), it’s actually below average for the broader Worthington neighborhood, where many homes sit on 7,800+ square feet. You get a good yard by street standards, but neighbors in other parts of the area likely have more land.
2. Is the assessed value of $343,000 reasonable for this home?
It’s above the street average ($336,800) and noticeably higher than the neighborhood average ($315,300), but well below the citywide average ($390,100). The value reflects a newer home on a strong lot in a modestly priced area—fair for what it offers, but not a bargain relative to nearby sales.
3. How old is the home, and what should I watch for with a 1983 build?
The home is 40+ years old. Typically, that means the roof, furnace, and windows may be original or nearing replacement. However, being newer than 78% of homes in the neighborhood is a plus—you’re less likely to encounter knob-and-tube wiring, outdated foundations, or other pre-1960s issues common in Worthington.
4. Why is the living area ranked low citywide but average on the street?
The street itself has a mix of smaller homes, so 884 square feet fits in well locally. Citywide, many homes are over 1,300 square feet (the average for comparable properties), so this home is on the lower end. In practical terms, it just means comparable houses in other parts of Winnipeg tend to be larger.
5. What’s the most underrated detail in this data?
The land-to-living-area ratio. With nearly 4,850 square feet of land on a house under 900 square feet, you have a rare opportunity for future expansion, a sizable garage, or a multi-use yard—without the premium price of a larger home. Most buyers overlook this, focusing instead on interior size.