Property Overview
124 Berrydale Avenue is a compact, one-storey home built in 1944, situated on a generously sized lot in Winnipeg's Worthington neighbourhood. Its key appeal lies in the combination of a larger-than-average property footprint and a very efficient, modestly sized living space. The home ranks in the top tier of its immediate area for lot size, living area, and assessed value, suggesting it is a well-positioned asset within its local market. It would suit a first-time buyer, an investor, or someone looking to downsize into a home with solid fundamentals and the potential for future expansion or landscaping projects, given the significant lot size relative to the house.
A less obvious perspective is that a home of this vintage and size on such a lot represents a clear canvas. For the right buyer, its value isn't just in the existing structure but in the opportunity it presents—whether for gradual renovation, an addition, or simply enjoying one of the larger private yards on the street without the upkeep of a larger house.
Frequently Asked Questions
1. How does the lot size compare to others?
The 4,607 sqft lot is notably large, ranking in the top 5% on Berrydale Avenue and the top 26% in the wider Worthington neighbourhood. This is a standout feature of the property.
2. Is the living space particularly small?
At 718 sqft, the living area is compact. However, it ranks in the top 11% for size on its street and in the neighbourhood, indicating that many nearby homes are of a similar or smaller scale.
3. What does the assessed value tell me?
The $20,900 assessed value is relatively high for the area, ranking in the top 7% on the street and top 12% in Worthington. This often reflects the desirable lot size and the home's condition relative to its peers, but it is not a direct indicator of market selling price.
4. Who might this property not suit?
It may not suit buyers looking for a move-in-ready home with modern, open-concept layouts or those requiring multiple bedrooms and ample storage. The one-storey design and era of construction typically mean more compartmentalized rooms.
5. What is the context of the "For Reference" nearby properties?
Listings like those on Sadler Avenue show comparable homes in the same neighbourhood, while others in different areas provide a benchmark for what similar assessed values or sizes can command elsewhere in the city, helping to gauge local value.