Property Overview: 316 Nightingale Road, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1966, situated on a notably large lot of nearly 6,000 square feet in the Booth neighbourhood. Its key feature is a renovated basement, adding valuable finished living space to the 1,195 sqft main floor. The home’s appeal lies in its practical layout and solid footprint, offering a balance of indoor living space and generous outdoor potential.
The property suits first-time buyers or downsizers looking for a manageable, single-level layout without a major renovation project. It also appeals to value-conscious buyers who prioritize land size, seeing the expansive lot as a long-term asset for gardening, expansion, or simply enjoying more private outdoor space than is typical. A thoughtful perspective is its relative modernity compared to others on the street—it’s newer than 92% of its immediate neighbours, suggesting it may have fewer age-related issues than many nearby homes. The recent sale in late 2023 at a price above the current assessed value indicates a stable and active market for well-presented homes in this area.
Frequently Asked Questions
1. What does the "renovated basement" include?
While the listing confirms the basement is renovated, specific details on the finish quality, rooms, and ceiling height are not provided. This would be a key point to clarify with the seller or through a viewing.
2. How does the lack of a garage affect parking and storage?
The property has no garage. Buyers should assess the driveway space (if any) for off-street parking and consider the basement and shed options (if present) for storage solutions.
3. The lot is large. Are there any restrictions on its use?
The 5,979 sqft lot is a significant asset. It’s wise to check municipal zoning bylaws for any restrictions on adding structures like a garage, large shed, or considering a future addition to the house itself.
4. How does the assessed value compare to the likely asking price?
The assessed value is $37.3k. It’s important to note that this is for taxation purposes and is typically much lower than market value. The home last sold for $42.1k in late 2023, which is a more relevant indicator of current market value.
5. The home is older. What should I investigate regarding major systems?
Built in 1966, the roof, plumbing, electrical systems, and foundation should be carefully inspected. The recent basement renovation is a plus, but it’s essential to understand what work was done and if it included updates to any underlying systems.