74 Worthington Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1956-built home with 1,571 sq ft of living space, sitting on a notably large 9,666 sq ft lot. The living area is well above average for both its street (top 11%) and neighbourhood (top 8%), while the lot size ranks in the top 7% city-wide—meaning you get significantly more outdoor space than most Winnipeg properties offer. The assessed value of $400,000 is above the street and neighbourhood averages but lands close to the city-wide average, so the property doesn’t carry an inflated premium for its size.
The appeal here is practical rather than flashy. The generous lot gives room for gardens, sheds, or future additions, and the above-average floor plan offers more interior space than typical homes nearby. The building itself is mid-century, similar in age to many neighbours, so the character is consistent with the area—not a new build, but not an outlier either. This is a solid, established home in a stable neighbourhood.
It would suit buyers who value space—both indoors and outdoors—over a modern finish. Families, hobby gardeners, or anyone wanting room to expand or renovate would find this property practical. It’s less suited to someone seeking a move-in-ready, newly updated home, or a compact low-maintenance property.
Five Possible FAQs
1. How does the property compare to others on Worthington Avenue?
It ranks in the top 11% for living area and top 16% for assessed value on this street. The lot is close to the street average, but above average for the broader neighbourhood. The build year is similar to the street average (1956 versus 1957).
2. Is the assessed value of $400,000 reasonable for the size?
Yes. The living area and lot size are both well above average locally, yet the assessment sits close to the city-wide average. That suggests the per-square-foot value is relatively efficient compared to newer or smaller homes in other parts of Winnipeg.
3. What are the potential downsides of a 1956 build?
You may need to budget for updates to systems (electrical, plumbing, insulation) and finishes, depending on what’s already been done. Homes of this era often have solid bones but may lack modern layouts or energy efficiency.
4. How does the lot size compare to typical Winnipeg properties?
This lot is in the top 7% city-wide, which is well above the average of 6,570 sq ft. It’s also larger than the neighbourhood average of 7,831 sq ft. It’s a standout feature.
5. Is this considered a high-value area relative to the rest of Winnipeg?
The property’s assessed value is above the street and neighbourhood averages but sits right around the city average. So while it’s a step above its immediate surroundings in terms of value, it’s not exceptionally high compared to the city as a whole. The area offers good value for the space you get.