Property Overview: 413 Nightingale Road, Winnipeg
Key Characteristics & Appeal
This two-storey home on a large, 9,375 sqft lot in the Booth neighbourhood presents a compelling blend of space, established character, and relative value. Its key appeal lies in its generous proportions, both in living area (2,090 sqft) and land size, which rank in the top 10% locally. The home features a renovated basement and a detached garage. Built in 1965, it offers the solid construction and neighbourhood maturity many seek, without the premium of a newer build.
The property suits buyers prioritizing indoor and outdoor space over a modern build date. It’s an ideal fit for a growing family needing room to spread out, a hands-on owner who values a large yard for gardening or recreation, or a value-conscious buyer looking for a home with "good bones" in a well-established area. A thoughtful perspective is its strong performance in assessed value rankings against nearby and similar homes, suggesting it is a consistently recognized asset within its immediate market, which can be a stabilizing factor.
Frequently Asked Questions
1. How does the age of the home (1965) impact ownership?
While not a new build, the home comes with the established trees, mature neighbourhood feel, and often more generous lot sizes of its era. Prospective buyers should budget for age-appropriate maintenance and consider a thorough inspection, but can also expect robust construction and a renovated basement.
2. What does the high ranking for lot and living area actually mean?
These percentile rankings (e.g., top 2% on the street for living area) are comparative metrics. They concretely show that this property offers more interior space and land than the vast majority of homes directly around it, a significant advantage for privacy and potential future use.
3. The assessed value and last sale price are very close. What does this indicate?
The assessed value ($48.10k) nearly matching the 2022 sale price ($48.00k) suggests the property is valued consistently by both the market and municipal assessment. This can indicate stability and may provide a clear benchmark, though the current market value will be influenced by present conditions.
4. Who might this home not be suitable for?
It may not suit those seeking a brand-new, low-maintenance property or a dense, walkable urban core. The detached garage and the home's age mean some upkeep is expected. Buyers wanting a modern open-concept layout should be prepared to evaluate the existing floor plan.
5. What is the significance of the "similar assessed value" properties listed?
These are not comparable homes in style or location, but rather properties with an identical municipal assessment. This highlights that at its core assessed value, this home offers a very large lot and living area compared to others in the same valuation bracket, suggesting you are getting more physical property for the same tax valuation point.