4-500 St. Anne's Road – Property Summary
Key Characteristics & Buyer Profile
This is a 978-square-foot home built in 1976, sitting on a 1,418-square-foot lot in the Worthington neighbourhood of Winnipeg. Its strengths are not in size or land—both are well below average compared to nearby homes and citywide figures. The living area ranks in the bottom third on its street and the bottom quarter citywide. The lot is similarly compact, ranking near the very bottom of comparable properties.
Where the property stands out is its age. Built in 1976, it’s newer than most homes on St. Anne’s Road (median 1968) and in Worthington (median 1962). The assessed value is also notably low—$206,000, which places it in the bottom 6% on the street and bottom 9% citywide. This suggests a more accessible price point, but also that the home may need updates or has limited upside relative to neighbours.
The appeal here is for a buyer who prioritizes a lower entry cost over square footage or a large yard. It could suit someone looking for a starter home in a central Winnipeg neighbourhood, or a buyer willing to invest in renovations on a property that’s structurally newer than many surrounding houses. The modest land size also means lower exterior maintenance. This is not a home for someone seeking space or a big lot; it’s a practical, compact option for those focused on affordability and a newer build year.
Frequently Asked Questions
1. How does the living area compare to other homes in Worthington?
At 978 square feet, it’s below the neighbourhood average of 1,082 square feet. It ranks in the top 58% locally, meaning roughly 4 out of 10 nearby homes are smaller, but the majority are larger. It’s a compact home by both street and city standards.
2. Why is the assessed value so low relative to the street average?
The street average assessed value is $449,600, which is skewed by a few much larger or more updated properties. This home’s $206,000 assessment reflects its smaller size, modest lot, and likely fewer upgrades. It’s an entry-level price point for the area, not necessarily a sign of poor condition—but buyers should verify the home’s actual state.
3. Is a 1976 build considered old or new for this area?
It’s newer than most. On St. Anne’s Road, the average build year is 1968; in Worthington, it’s 1962. Citywide, the average is 1966. So this home is younger than roughly 70% of comparable properties, which can mean more modern construction standards and potentially fewer major system replacements.
4. The lot is only 1,418 square feet—what does that mean practically?
That’s a very small lot, even by city standards. It ranks near the very bottom in all three comparison groups. Expect minimal yard space, possibly just enough for a small garden or patio. This reduces upkeep but also limits outdoor living, expansion, or privacy from neighbours.
5. Who is this property not a good fit for?
It’s likely not ideal for families needing multiple bedrooms or a large yard, nor for buyers hoping to add square footage later due to the small lot. It also may not appeal to those seeking a home with immediate resale value growth in a competitive market, given its low rankings in both size and assessed value relative to the area.