Property Summary: 51 Worthington Avenue
Key Characteristics & Buyer Profile
This is a 1920-built home with 1,176 sqft of living space on a 4,893 sqft lot. Its most notable feature is the living area, which ranks slightly above average for the Worthington neighbourhood but falls right around the citywide median. The assessed value is $219k, which is significantly below average for the street, the neighbourhood, and Winnipeg as a whole. The lot is modest compared to others on Worthington Avenue—many of which are over 10,000 sqft—but is still within a typical citywide range. The home’s age places it among the older properties in the area.
The appeal here lies in the low assessed value relative to the neighbourhood. For a buyer who wants to be in Worthington without paying the premium many nearby homes command, this property offers a more affordable entry point. The living space is competitive for the area, which suggests the interior holds its own even if the lot and age are less impressive.
This would suit a buyer who is comfortable with an older home and values location over land size. It may also appeal to someone looking for a property with lower property taxes, given the below-average assessment. It’s less ideal for someone who wants a large yard or a move-in-ready modern home without updates.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The assessed value of $219k is well below the street average of $320.8k and the neighbourhood average of $315.3k. It ranks in the bottom 10% locally, meaning most comparable homes in Worthington are valued higher. This could mean lower taxes, but it may also reflect the home’s age or condition relative to its neighbours.
2. Is the living space considered small for this area?
At 1,176 sqft, it’s slightly above the neighbourhood average of 1,082 sqft and roughly on par with the street average of 1,102 sqft. Citywide, it sits near the median. So it’s not large, but it’s competitive for the immediate area.
3. How old is the property, and does that matter?
Built in 1920, it’s one of the oldest homes on the street and in the neighbourhood—both rank in the bottom 5%. This is typical of older inner-city or established suburban pockets. Buyers should expect potential maintenance, outdated systems, or the need for renovations, but also possibly more character than newer builds.
4. Why is the lot size considered below average here?
The lot is 4,893 sqft, while the street average is over 10,000 sqft. That’s a large gap. However, citywide, 4,893 sqft is close to the median. The street likely has many oversized lots, so this property offers a smaller yard than what’s typical on Worthington Avenue, but not an unusually small lot by Winnipeg standards.
5. What does the “rank” information actually mean?
The rankings compare this property against similar homes in three levels: on the same street, within the neighbourhood, and across the whole city. A rank of #54 out of 174 on the street means 53 homes have larger living areas and 120 have smaller ones. The “top 31%” indicates it sits in the upper third for that specific category. These comparisons are useful for understanding how the property stacks up, but they don’t reflect condition or recent updates.