8 Chokecherry Cove – Property Summary
Key Characteristics & Buyer Profile
This is a 1,040 sqft home built in 1985 on a 4,142 sqft lot, with an assessed value of $366,000. Its standout feature is value relative to the neighbourhood. While the home’s living area is around average for the street and city, its assessed value ranks in the top 23% of the Worthington area—meaning you’re getting a property that appraises well above the neighbourhood median ($315,300) for a size that’s typical. The home is also newer than most in the area: it’s in the top 15% of homes by year built in Worthington, where the average home dates to 1962. The land is smaller than average (both locally and citywide), so if a large yard is a priority, this isn’t it. The appeal is more about a well-valued, moderately sized home in a neighbourhood of older, smaller-value properties. It would suit a buyer who wants a solid, newer build in an established area without paying a premium for extra land or square footage—someone who sees the assessed value as a sign of underlying quality rather than just a number.
Five Possible FAQs
1. How does this home compare to others on the street?
On Chokecherry Cove, it ranks 6th out of 15 homes for size (1,040 sqft vs. street average of 1,024 sqft) and 6th for assessed value ($366,000 vs. $368,300). It’s essentially on par with neighbours, not an outlier.
2. Why is the assessed value so much higher than the neighbourhood average?
The Worthington-area average assessed value is $315,300, and this home is at $366,000. That gap likely reflects its newer construction (1985 vs. 1962 average) and possibly finishings or condition that don’t show up in basic stats—something worth confirming in person.
3. Is the small lot a problem?
It depends on your needs. The lot is 4,142 sqft, smaller than both the neighbourhood average (7,831 sqft) and city average (6,570 sqft). If you want garden space, room for a shed, or privacy from neighbours, this lot may feel tight. But less land often means less maintenance and a lower purchase price relative to similar homes on larger lots.
4. How old is the home, and is that a concern?
Built in 1985, it’s nearly 40 years old. That’s newer than most in Worthington and citywide, but it’s not new. You’d want to check the roof, windows, furnace, and foundation—typical for a home of this age. The “above average” ranking on year built is relative to older stock, not absolute newness.
5. What does the “rank” system actually mean?
The rankings compare this home to similar properties at three levels: the street, the neighbourhood (Worthington), and the city (Winnipeg). A higher rank (lower number) means the home outperforms more peers for that metric. For example, rank #186 out of 811 for assessed value means it’s in the top 23% of homes in Worthington—better than about 77% of them. The colour bars show roughly where it falls compared to an average benchmark.