55 Beechtree Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1,227-square-foot home, built in 1985, sits on a notably large 9,856-square-foot lot. The property’s standout feature is its land: it ranks in the top 12% on its street and the top 6% citywide in Winnipeg for lot size. The living area is around average for the street and city but above average compared to other homes in the Worthington neighborhood.
Where this property holds its strongest appeal is in value relative to the neighborhood. Its assessed value ranks in the top 15% of Worthington (well above the neighborhood average of $315,300) and top 38% citywide. Yet on its own street, the assessed value is only around average—suggesting the lot size hasn't fully been reflected in the price compared to immediate neighbours. For a buyer, that gap may offer room for value growth, particularly if land scarcity becomes more of a factor in this area.
The home itself is slightly older than others on Beechtree Crescent (average year built 1987), but newer than the typical home in Worthington (1962) and citywide (1966). That puts it in a middle ground—not a fixer-upper from the 1960s, but not a brand-new build either.
Who it suits: This property works best for a buyer who prioritizes outdoor space and yard size over interior square footage. It's a practical fit for someone who gardens, wants room for kids or pets to run, or plans to eventually expand or renovate. It's less suited for someone who wants a turnkey modern interior or who doesn't want to maintain a large lot. The assessed value gap also makes it worth a look for investors or buyers who see long-term upside in land value in this pocket of Winnipeg.
Five Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
The home is assessed above the Worthington neighborhood average by a notable margin—ranking in the top 15% locally—but only around average for Beechtree Crescent specifically. That means it's priced competitively for the street but represents above-average value compared to the broader neighborhood.
2. Is the living area considered small or large for this neighbourhood?
It's slightly below the street average of 1,309 sqft, but above the Worthington average of 1,082 sqft. Citywide, it's on par with the median. So it's not a large home, but it's not undersized for the area either—it's a middle-of-the-pack interior with a lot of land attached.
3. How old is the home, and does it need major updates?
Built in 1985, the home is newer than most in Worthington and the city at large, but older than most on its street (where average year built is 1987). A 1985 build typically means the original major systems (roof, furnace, windows) could be nearing replacement age, but it's not old enough to be considered a heritage or structurally outdated property. A home inspection is advisable to gauge actual condition.
4. What makes this property different from others on Beechtree Crescent?
The lot. At nearly 10,000 square feet, it ranks 6th out of 51 homes on the street for land area. Most properties in the area sit on lots under 8,000 sqft. If outdoor space matters to you, this is the key differentiator. Conversely, the home itself is fairly typical for the street in size and age.
5. Who typically buys in this part of Worthington?
Based on the mix of older (1960s) and newer (1980s) homes, Worthington attracts a range of buyers—families looking for established neighborhoods with mature lots, and some downsizers moving from larger older homes into something more manageable. The above-average assessed values in the top 15% suggest it's not a budget pocket, but the large-lot homes here tend to appeal to buyers who see potential in a property that hasn't yet been fully updated or optimized.