47 Trafford Park

47 Trafford Park — Property Summary

1. Key Characteristics & Buyer Profile

This is a 1,266 sqft home built in 1976, sitting on a 3,183 sqft lot. The property’s strongest feature is its street location on Trafford Park, which ranks among the top 2% of streets in the city for living area and year built. It also scores very well for assessed value relative to the street, ranking in the top 5%. In plain terms, this means the house is newer and bigger than most others on the same street, and its current assessment is on the higher side for the immediate area.

The wider neighbourhood (Worthington) is above average for both living area and year built, which suggests a reasonably well-established area with solid, middle-aged housing stock. However, the lot size is small compared to the neighbourhood and city averages—a trade-off you often see on streets with newer or more efficiently built homes. The citywide rankings are mostly average or below, meaning this property isn't exceptionally large or valuable compared to the rest of Winnipeg, but it stands out locally.

This home would suit a buyer who values a strong, specific street reputation over sheer size. It's a good fit for someone who wants a well-built, modern-for-its-era home in a top-ranked micro-location, and who doesn't need a massive yard. It might appeal to first-time buyers, downsizers, or investors looking for a property with above-average street-level metrics that could hold value well relative to its immediate neighbours.

2. Five Possible FAQs

1. How does the lot size compare to other homes in the area?
The lot is 3,183 sqft, which is above average for the street (where the average is 2,141 sqft) but well below the neighbourhood average of 7,831 sqft. If you're used to large, deep backyards, this may feel compact. However, it's a typical size for many newer infill homes and offers low-maintenance outdoor space.

2. Why is the citywide assessment ranking low (top 74%) while the street ranking is high (top 5%)?
The assessed value is competitive for the street, meaning the home is priced in line with its immediate high-quality neighbours. But citywide, values are higher on average, largely due to larger homes in pricier districts. In short, you're paying a premium for a top street, not for a top overall city price tag.

3. Is 1976 considered old for a home in this neighbourhood?
No. The average home in Worthington was built in 1962, and the citywide average is 1966. At 1976, this home is newer than most of its neighbours and the broader city stock. That often means better construction standards, insulation, and electrical systems compared to older homes in the same price range.

4. How does the living area compare to similar homes on this street?
The living area is 1,266 sqft, which is larger than the street average of 1,137 sqft and well above the neighbourhood average of 1,082 sqft. It's slightly below the citywide average of 1,342 sqft, but that's expected for a home that prioritises efficient use of space over sheer square footage.

5. Would this property be a good investment for resale value?
Street-level rankings are often a strong indicator of relative desirability. Being in the top 2% for living area and year built on Trafford Park suggests this home is a standout on its own street, which can help maintain value even if the broader neighbourhood or city trends shift. The smaller lot may limit upside for major expansions, but the strong street metrics provide a solid floor.