61 Worthington Avenue – Property Summary
Key Characteristics, Appeal, and Ideal Buyer
This property stands out most for its land. At 17,843 square feet, the lot ranks in the top 2% citywide, top 2% on the street, and top 1% within the neighbourhood. That is the defining feature here, and it shapes everything else.
The house itself is a modest 1,664 square feet, built in 1953. It is larger than average for its street and neighbourhood (top 9% and top 7% respectively), but only slightly above the citywide median. The assessed value of $422,000 reflects a similar pattern: strong relative to the immediate area (top 11% on the street and in the neighbourhood), but closer to average across Winnipeg as a whole.
What this means in practice: you are buying a lot more than a house. The structure is solid, mid-century, and reasonably sized, but the real value is in the land. The property would appeal most to buyers who see the potential to renovate, expand, or redevelop on an unusually large inner-city lot. It may also suit someone who simply wants generous outdoor space without leaving the city—gardening, a workshop, room for vehicles or hobbies. The house is move-in ready for someone who values location and space over modern finishes, but it is not a turnkey “renovated flip” property.
The buyer profile is likely practical and patient: someone willing to invest sweat equity or capital into the house, or someone primarily interested in the land itself. It would also suit a family wanting both a central Winnipeg address and a yard that isn’t common in this price range.
Five Possible FAQs
1. How does the house condition compare to others in the area?
The data only tells us the house was built in 1953—around the median age for this street and neighbourhood. No inspection or condition details are included here, so a buyer should assume typical maintenance needs for a home of this era: mechanicals, windows, insulation, and roof should be evaluated in person. It is not a newer home, but it is not unusually old for the area either.
2. Is the assessed value of $422,000 realistic for this property?
The assessment is above average for the street and neighbourhood but slightly below the citywide average for comparable homes. Assessed value is not market value, but it suggests the property is not overvalued relative to its immediate peers. The large lot may not be fully reflected in the assessment, which could make the asking price negotiable or a potential value play depending on the seller’s expectations.
3. What redevelopment potential does this lot have?
With 17,843 square feet, the lot is in the top 2% citywide. This size is rare in an established Winnipeg neighbourhood. Zoning, setbacks, and utility access would need to be checked, but the land alone offers possibilities that most urban lots do not: subdividing, adding a secondary suite, building a large addition, or simply keeping extensive green space. Buyers should verify municipal rules before assuming what is allowed.
4. How does this property compare to newer infill homes in the area?
Newer homes on smaller lots will offer modern finishes, higher energy efficiency, and less maintenance. This property trades that for land—likely double or triple the lot size of a typical new infill. The choice comes down to whether you value interior upgrades more than outdoor space and future flexibility. It is not a direct comparison; it is a different trade-off.
5. Is this a good choice for someone new to homeownership?
It could work, but it depends on expectations. The house is liveable, not polished. A first-time buyer with some DIY skills and a tolerance for mid-century quirks could make it their own gradually. But someone wanting a “move-in ready” home with updated kitchens, bathrooms, and modern systems would likely be happier elsewhere. The land is a long-term asset, not a short-term convenience.