Property Overview: 323 Nightingale Road, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Booth offers a compelling blend of space, recent investment, and established neighbourhood charm. Its primary appeal lies in its generous, private lot—ranking in the top 6% for size on its street—providing ample outdoor potential. The home itself features a renovated basement, adding valuable finished living space to the 1,232 sqft footprint, and includes the convenience of an attached garage.
The data reveals a property that stands out in its immediate context. It sold significantly above its assessed value in 2023, suggesting buyers recognized upgrades or intrinsic value not fully captured in the official valuation. It ranks highly for lot size and recent sale price within its street and wider neighbourhood, indicating it is perceived as a premium offering in the area. However, its living area is more modestly sized compared to nearby homes, pointing to a property where the land and overall utility may be the greater assets than the main floor square footage.
This home would suit a buyer looking for a manageable single-level layout with room to grow outdoors, who values a quiet, established community. It’s ideal for someone who appreciates a home with recent updates (like the basement) but isn’t seeking a brand-new build. The strong lot size ranking also makes it a potential long-term fit for gardeners, families wanting play space, or anyone prioritizing privacy.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, permits, or moisture control are not provided. A professional inspection is recommended to detail the scope and condition of this update.
2. How does the sold price from 2023 relate to today's value?
The 2023 sale at $47,600k, well above the $40,400k assessed value, indicates a competitive purchase. Current market conditions, further improvements made since then, and updated assessments will determine present value.
3. The living area is noted as "modest" compared to the lot size. What does this mean practically?
This suggests the home's footprint on its large lot could allow for a future addition or expansion, subject to zoning. It currently offers a comfortable, efficient layout with the bonus of extensive outdoor space.
4. Are the high rankings for lot size and sale price a guarantee of future value?
While positive indicators of the property's standing, rankings are relative and don't guarantee future appreciation. They do, however, strongly suggest it is considered a desirable property within its specific neighbourhood context.
5. What is the neighbourhood of Booth like?
As an established Winnipeg neighbourhood, Booth typically offers mature streetscapes with larger lots. The high rankings for this property on its street suggest it is on a particularly desirable block within the area.