52 Worthington Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact, older home on a modest lot in Winnipeg’s Worthington area. The living area is 612 square feet—well below the average for its street, neighbourhood, and city. It was built in 1935, making it older than most nearby homes. The assessed value is $223,000, which also sits below local and citywide averages. The lot measures 5,286 square feet, which is on the smaller side for the street but close to the median for Winnipeg overall.
The property’s appeal lies in its combination of age and size. Buyers drawn to pre-war character homes, or those looking for a lower-priced entry point in a neighbourhood of larger, more expensive houses, may find it worth a closer look. It’s not a home that will appeal to anyone seeking space or a move-in-ready modern layout, but it could suit someone who values an older structure, wants a smaller footprint, or is open to renovating. The lot, while not large by street standards, is still what many would consider a standard city lot—enough for a garden or small outdoor space without the upkeep of a bigger property.
From a less obvious angle: the home sits in a street where most properties are significantly larger and newer. That could mean it’s one of the more affordable options on the block, but it also means the surrounding homes set a certain visual and market benchmark. A buyer here would need to be comfortable with that contrast—both in terms of curb appeal and long-term resale potential.
FAQs
1. Why is the living area so much smaller than average for this street?
The street has a wide range of property sizes, but most homes in this area are larger. This particular unit is one of the smallest—ranked 173 out of 174 on Worthington Avenue. It’s not a new build or a recent addition; it’s an older home with a compact floor plan.
2. Is the low assessed value a red flag?
Not necessarily. The assessed value reflects the property’s size, age, and location relative to others. A lower value can mean lower property taxes, which some buyers see as a benefit. However, it may also indicate that the home needs updates or hasn’t appreciated as quickly as neighbours.
3. What does the 1935 build year mean in practical terms?
It means the home is nearly 90 years old. Expect older construction methods, materials, and systems. Depending on how well it’s been maintained, you may need to budget for upgrades to insulation, wiring, plumbing, or windows. On the upside, older homes often have solid framing and character details you won’t find in newer builds.
4. How does the lot size compare to other homes in Winnipeg?
The lot is close to the city median—ranked in the 48th percentile. That means it’s roughly average for Winnipeg, even though it’s small relative to its immediate street. For someone used to city lots, this size is fairly standard.
5. Who would this property not suit?
Anyone looking for a spacious, modern home, or who wants something that fits the profile of nearby houses, may feel underwhelmed. It’s also probably not ideal for families needing multiple bedrooms or open-concept living areas without major renovations. Buyers expecting a quick resale at a premium should be cautious—this home sits at the lower end of the market in a street dominated by larger properties.