156 Berrydale Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact starter home (836 sqft) on a notably large lot (10,004 sqft) in Winnipeg’s Worthington area. Built in 1921, it’s an older property with below-average living space and assessed value relative to its street, neighbourhood, and the city as a whole. Its strongest feature is the land: the lot ranks in the top 6% citywide, far exceeding typical local parcels (average 6,570 sqft). The house itself is modest, but the yard offers rare potential for expansion, gardening, or outdoor use that most nearby homes lack.
The appeal here is not turnkey comfort but opportunity. A buyer who values yard space over interior square footage—or who has the budget and patience to renovate or rebuild—will see the mismatch between the small house and oversized lot as an asset. It would suit someone handy, a downsizer wanting a large garden in a mature neighbourhood, or an investor looking for a teardown or infill site. It is less suited to anyone seeking a modern, move-in-ready home with ample interior space and high finishes.
Five Possible FAQs
1. How does the assessed value compare to similar homes, and what does that mean for taxes?
The assessed value ($222k) is well below the street average ($300k) and the neighbourhood average ($315k). This generally keeps property taxes lower than for nearby homes, though reassessments can shift with market changes.
2. The lot is huge—does that come with any restrictions?
Large lots in older Winnipeg neighbourhoods can have zoning, setback, or heritage considerations. It’s worth checking city bylaws and the property’s specific zoning before planning any subdivision, garage, or second dwelling.
3. The house is over 100 years old. What should I look for beyond a regular inspection?
Typical concerns for 1920s homes include knob-and-tube wiring, aging plumbing, foundation settlement, and lead paint. Less obvious: wall insulation may be minimal or non-existent, and original windows can be drafty but sometimes historically protected.
4. Is the living area really 836 sqft, or could that include a basement or addition?
The 836 sqft figure appears to be the main-floor living area. Many older homes had unfinished basements or later additions not counted here. A site visit and floor plan review will clarify what’s liveable vs. raw space.
5. What kind of neighbourhood is Worthington for resale value?
Worthington is a mature area with above-average lot sizes and older housing stock. Resale value depends heavily on the condition of the house and the desirability of the street. The large lot here is a differentiator, but the small home and older age may limit appreciation unless improvements are made.