3 Boxwood Cove – Property Summary
Key Characteristics & Buyer Profile
This is a 1,040 sqft home built in 1984 on a 3,773 sqft lot, located in the Worthington neighborhood of Winnipeg. Its assessed value is $320,000.
The property’s strongest feature is its lot size. On Boxwood Cove, this lot ranks 2nd out of 11 homes, meaning it’s notably larger than others on the same street. However, when compared to the wider Worthington neighborhood and city averages, the lot is actually smaller than typical. This creates an interesting dynamic: you get a generous yard relative to your immediate neighbors, but not by broader suburban standards.
The home itself was built in 1984, which is newer than most homes in Worthington (average 1962) and newer than the citywide average for comparable homes (1966). On its own street, it’s the second-newest property. The living area is slightly below the street average (1,114 sqft) and well below the citywide average (1,342 sqft), so interior space is modest.
The assessed value sits at $320,000—below the street average of $358,500 but above the neighborhood average of $315,300. This suggests the home is priced competitively for its immediate area while offering better value than many nearby properties.
This property would suit buyers who prioritize a newer home in an older-established neighborhood and want a larger-than-average lot on their street, without needing expansive interior space. It may appeal to first-time buyers or those looking for a home with room to expand or add value, given the lot size advantage on the block. It’s less suited for buyers seeking a large open-concept layout or a big suburban yard.
Frequently Asked Questions
1. How does the lot size compare to other homes in Worthington?
The lot is 3,773 sqft. While it’s among the largest on Boxwood Cove (top 18% on the street), it’s smaller than average for the Worthington neighborhood, where typical lots are around 7,831 sqft. You get more outdoor space than your direct neighbors, but less than many homes in the wider area.
2. Is the assessed value of $320,000 a good deal?
It depends on what you’re comparing. Against the street average ($358,500), the home is valued lower, which could mean good value for the immediate block. Against the neighborhood average ($315,300), it’s slightly above, so it’s not a bargain within Worthington as a whole. The citywide average for comparable homes is $390,100, so relative to the broader market, the price is modest.
3. Why is the home considered “above average” in age but below average in living area?
Built in 1984, the home is newer than most in the neighborhood (average 1962) and citywide (average 1966), which is a plus for construction standards and systems. However, at 1,040 sqft, the living area is smaller than typical homes in all three comparison groups. This is common for homes from the 1980s in this price range—they often prioritize lot size over square footage.
4. What does the ranking data actually mean?
The rankings compare this property to similar homes in three zones: the street (Boxwood Cove), the neighborhood (Worthington), and the city (Winnipeg). A “Top 73%” rank for living area on the street means it performs better than 27% of homes there, but worse than 73%. Higher percentages are better for lot size, newer construction, and higher assessed value. The bar charts use color gradients (red to blue) to show how the home compares to the median for each metric.
5. Should I look at the neighborhood map analysis?
If you’re serious about the property, yes. The map shows how this home compares to nearby houses on specific details like year built, living area, assessed value, and lot size. You can see patterns—whether newer homes cluster on certain streets, or whether larger lots are common in one direction. This is useful for understanding the immediate context beyond the numbers alone.