74 Hindley Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1981-built home with 1,460 sq ft of living space sitting on a notably large 11,166 sq ft lot. What stands out immediately is the land. Within the Worthington neighbourhood, this lot ranks in the top 7% (58th out of 811 properties). City-wide, it’s in the top 4% — an unusually generous parcel for a home of this era. The living space itself is also above average for both the street (top 12%) and the neighbourhood (top 11%), though it falls closer to the middle of the pack across Winnipeg as a whole. The assessed value of $417,000 is higher than both the street and neighbourhood averages, but aligns closely with the city-wide median.
The appeal here is less about a turnkey modern interior and more about the combination of interior space and a rare landholding. In a city where average lot sizes have shrunk considerably since the 1980s, a property like this offers room for expansion, a substantial yard, or future redevelopment potential — depending on zoning and local regulations. It’s a relatively newer build compared to many homes on Hindley Avenue, where the average construction year is 1957. That means the mechanicals, structure, and layout are likely more contemporary than much of what’s nearby.
This property would suit buyers who value outdoor space and don’t need a fully updated interior right away — owners looking to add value over time, families who want a big yard without moving to the outskirts, or someone who sees the land itself as the primary asset. It’s less suited for someone seeking a move-in-ready, low-maintenance property in a dense urban setting.
Five Frequently Asked Questions
1. How does this property compare to others currently for sale in Worthington?
The specific rankings provided (land top 7%, living area top 11%, assessed value top 12%) are based on all properties in the neighbourhood, not just active listings. Active listings may skew newer or more updated, but in terms of size and lot, this home ranks well above the neighbourhood average across all comparable homes.
2. Is the assessed value of $417,000 a reliable indicator of market price?
Assessed value is a lagging indicator based on city-wide formulas and may not reflect current market conditions, recent renovations, or buyer demand. It’s a useful baseline, but actual sale prices in Worthington can vary significantly depending on property condition and how buyers value large lots.
3. What does a “top 4%” land ranking mean for future use?
It means the lot is substantially larger than 96% of properties city-wide. That opens up possibilities — a large garden, additions, a detached workshop, or even subdivision if the lot meets minimum size requirements and zoning allows. However, any changes would require permits and a check with the city’s planning department.
4. How does the 1981 build affect maintenance expectations?
A home built in 1981 is roughly 43 years old. Major systems like the roof, furnace, windows, and foundation should be inspected. Homes from this era often have updated electrical and insulation compared to older housing stock, but may still have original finishes, plumbing, or fixtures. Buyers should budget for potential updates over the next 5–10 years.
5. What’s the surrounding neighbourhood like in terms of amenities?
Worthington is a residential area with a mix of older and newer homes. Typical amenities include local parks, schools, and shopping within a short drive. For specifics on walkability, transit access, and nearby services, a site visit or a check of local maps and city resources is recommended.