Property Overview: 26 Beechtree Crescent
Located in the Worthington neighborhood of Winnipeg, this 850 sqft home sits on a 4,263 sqft lot and was built in 1984. Its assessed value for tax purposes is $309,000.
Key Characteristics, Appeal, and Ideal Buyer
This property stands out most for its construction year. Built in 1984, it is significantly newer than the average home in its community—where the typical build year is 1962—and also newer than the citywide average of 1966. In Worthington, that puts it in the top 18% for modernity. For a buyer who values a newer build without paying for a brand-new house, this is a meaningful advantage.
The trade-off comes in size. At 850 sqft, the living area is below average for its street, neighborhood, and city. The lot is also on the smaller side locally, though it aligns more closely with city averages. The assessed value of $309,000 is near the Worthington and citywide norms, but sits well below the average for Beechtree Crescent itself ($429,000)—suggesting this is the more modest home on its block.
Who it suits: This property would work well for someone who prioritizes a newer, relatively low-maintenance home over square footage or a large yard. Think first-time buyers, downsizers, or anyone looking to enter a solid neighborhood at a price point that undercuts many of the grander nearby houses. It’s a practical, not flashy, option—the kind of home where the bones are newer, but you’re not paying for space you may not use.
A less obvious angle: Being the lowest-valued and one of the smallest homes on its street could be an asset over time. As larger, more expensive neighbors set a higher baseline, this property may benefit from gradual appreciation tied to the street’s overall character—essentially, a low entry point in a location where the surrounding stock is of a higher tier.
Five Possible FAQs
1. Is the 850 sqft living area enough for a small family?
It depends on how much space you need day-to-day. 850 sqft works well for a couple or a single person. For a family with children, it would feel tight unless you’re comfortable with minimalism or plan to use the basement for extra living space (finishing details would need to be verified).
2. Why is the assessed value so much lower than other houses on Beechtree Crescent?
Because this home is smaller in both living area and lot size compared to most others on the street. The street’s average living space is 1,309 sqft and the average lot is over 7,000 sqft—both significantly larger. The assessment simply reflects those differences.
3. How does the 1984 build compare to older homes in Worthington?
Favorably. Most homes in Worthington date from the early 1960s. A 1984 build means the home is about 20 years newer than the neighborhood norm, which often translates to better insulation, updated electrical and plumbing systems, and less need for immediate major renovations.
4. Is a 4,263 sqft lot considered small in Winnipeg?
It’s on the smaller side. Citywide, the average lot is about 6,570 sqft, so this lot is roughly 35% smaller. That said, it’s fairly common for newer infill or modest homes in established areas. Less yard space means less upkeep—a trade-off many buyers find acceptable.
5. Does being the lowest-ranked home on the street affect resale value?
Not necessarily in a negative way. While you may not command the same price as larger neighbors, being the more affordable home on a desirable street can actually help with resale. Buyers who want the location but can’t afford the bigger houses will look at a place like this. Over time, as street values rise, this property tends to move with them, not against them.