Key Characteristics & Buyer Profile
This is a 1,040 sq ft home built in 1983 on a 4,971 sq ft lot, located on Maralbo Avenue E in Winnipeg’s Worthington neighbourhood.
Its main appeal is the land. The lot is larger than most on the same street—ranking 9th out of 50 homes, or the top 18%—which gives it more outdoor space than neighbours. At the same time, the assessed value sits slightly above the Worthington average ($35.9K vs. $31.5K), suggesting the property holds its value relative to the immediate community. The home itself is also newer than much of the area: the average Worthington home was built in 1962, so this one (1983) is more modern by about two decades.
That said, the home is relatively small for its lot, and its size is average compared to the street and the city overall. Buyers looking for a large interior won’t find it here.
This property would suit someone who values outdoor space—gardening, a workshop, or room for kids or pets—over square footage inside. It’s also a strong option for buyers who want a house that’s newer than many in the older Worthington area, without paying a premium for a full renovation. First-time buyers or small families looking for a well-located home with room to grow into or improve over time might find the balance right.
Frequently Asked Questions
1. How does the lot size compare to other homes in Worthington?
The lot is below average for the neighbourhood. Worthington lots average about 7,831 sq ft, so this one (4,971 sq ft) is smaller. However, it’s well above average for the immediate street, where the typical lot is around 3,890 sq ft.
2. Is this home considered old or new relative to the area?
It’s newer than most homes in Worthington, where the average build year is 1962. On its own street, the average is 1982, so this home is typical.
3. How does the assessed value compare to similar homes nearby?
The assessed value ($35.9K) is above the Worthington average ($31.5K) but below the citywide average ($39K). On the street itself, it’s close to the average.
4. Would this property be a good investment for resale?
The combination of a relatively large lot on a street where lots are smaller, plus a newer build in an older neighbourhood, gives it some uniqueness. That tends to hold value well, though it’s not a standout in any single category citywide.
5. Is there enough space inside for a family of four?
At 1,040 sq ft, it’s on the smaller side for a family. The interior is about average for the street but falls below the citywide average of 1,342 sq ft. It could work for a small family if outdoor space is prioritized over indoor square footage.