Property Summary: 72 Berrydale Avenue, Winnipeg
Key Characteristics & Buyer Profile
This property is a 1921 home with 832 square feet of living space, sitting on a notably large 11,138-square-foot lot. Its assessed value is $274,000.
Where the appeal lies: The standout feature is the land. The lot ranks in the top 4% city-wide for size, and in the top 15% within its Worthington neighbourhood. For buyers who prioritize outdoor space, gardening, or future expansion potential, this is the main draw. The home itself is modest in size—below average for its street, neighbourhood, and city—which keeps the entry price lower than many nearby properties. The assessed value reflects this trade-off: it’s around average for the street and neighbourhood but well below the city-wide average.
What type of buyers it would suit: This property is best suited for someone who values land over square footage. That could be a renovator or handy homeowner looking to update an older home on a prime plot, a family wanting a large yard in a central neighbourhood, or an investor interested in the land’s long-term potential. It is less ideal for someone seeking a move-in-ready home with modern floor plans, or for buyers who prioritize living space and don’t want a project.
Frequently Asked Questions
1. Why is the assessed value relatively low compared to the city average?
The home’s living area (832 sqft) is about 40% smaller than the city-wide average for comparable homes (1,342 sqft), and it was built in 1921, making it older than most properties in Winnipeg. Square footage and age are two major factors in assessments, so the value primarily reflects the house itself, not the land. The large lot is likely already priced into the land component of the assessment, but it doesn’t fully offset the smaller building.
2. The land is huge. Is the lot size typical for this street?
Above average, but not unheard of. The average lot on Berrydale Avenue is 9,725 sqft, so the 11,138 sqft lot is larger than most but fits within the street’s character. The gap is wider when compared to the neighbourhood average of 7,831 sqft, meaning the lot is a strong outlier for Worthington in general.
3. What does “ranked #25 out of 149 on the street” actually mean for the lot size?
It means the lot is larger than about 83% of other homes on the same street. For context, you’d expect about 1 in 6 homes in the area to have a similar or bigger lot. This is a meaningful advantage if you want privacy, room for a workshop, a garden, or the option to subdivide in the future (subject to zoning).
4. Is the 1921 build a concern in terms of maintenance or character?
Homes from that era often have solid framing but may need updated electrical, plumbing, insulation, and foundation work. The rankings show it’s one of the oldest on the street (top 87% by age) and in the neighbourhood (top 94%). Buyers should budget for deferred maintenance and check for lead pipes, knob-and-tube wiring, and asbestos in older finishes. On the plus side, older homes in Winnipeg often have better craftsmanship and thicker walls than mid-century builds.
5. How does the living area compare to other small homes in the area?
At 832 sqft, it’s smaller than the street average of 1,067 sqft and the neighbourhood average of 1,082 sqft, but it’s not unusually tiny by city standards. Winnipeg has a wide range of older homes, many below 900 sqft. The ranking (top 68% on the street, top 75% in the neighbourhood) shows it’s on the smaller side, but not an extreme outlier. The real differentiation here is the land-to-house ratio, which is large and uncommon.