75 Worthington Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a home where the real value lies in the land, not the structure. The house itself, built in 1953, is modest at 1,064 square feet—slightly below the citywide average and right around the middle of the pack for its street and neighbourhood. Its assessed value of $306,000 is also near the local average, which keeps the entry price grounded. The standout feature is the lot: 11,153 square feet. That places it in the top 4% citywide. On its own street, it’s in the top 14%. This is a property that makes sense for a buyer who’s less interested in a move-in-ready interior and more focused on securing a large, well-located piece of land in an established part of Winnipeg. It would suit someone planning a major renovation, an addition, or a rebuild—or an investor who sees more long-term potential in the dirt than in the current floor plan.
Five FAQs
1. Is the assessed value low because the house needs work?
Not necessarily—it’s more that the house is smaller and older than many surrounding homes. The assessment aligns closely with street and neighbourhood averages. The lot, however, is valued well above the norm. In other words, you’re paying for the land, and the house is essentially a secondary factor.
2. How does the lot compare to other properties in Winnipeg?
It ranks in the top 4% across the entire city. The average lot size in Winnipeg for comparable homes is about 6,570 square feet. This one offers nearly double that. For context, even within its own neighbourhood—where lots tend to be larger—it stands in the top 8%.
3. What does “Taon ng Paggawa” mean?
It’s a Tagalog term that translates to “year of construction.” This property was built in 1953, which is slightly earlier than the street average (1957) and neighbourhood average (1962). A home of this era can be well-built but may need updates to mechanicals, insulation, or layout.
4. Could this be a teardown property?
For many buyers, yes. A 1,064-square-foot house from the 1950s on an 11,153-square-foot lot is a classic candidate for a rebuild. That said, the home’s size and position on the block might also allow for an addition that preserves the existing structure while expanding the living space.
5. How do its rankings actually break down?
On living area and assessed value, it’s around average or slightly below. On lot size, it’s well above average. On year built, it’s older than the neighbourhood and city medians. The takeaway: if you’re looking for a large modern home, this isn’t it. If you’re looking for a large piece of land in a mid-ranked location at a reasonable tax basis, it’s a strong find.