Property Overview
This 884 sqft one-storey home on Nairn Avenue in East Elmwood presents a practical opportunity with specific strengths. Built in 1955, its key characteristic is a generous 4,616 sqft lot, which is notably larger than most on its street and in the immediate area. While the living space is modest and below the city average, the property benefits from a renovated basement and a detached garage. Its assessed value is above average for the street, suggesting it is well-positioned within its local market.
The appeal lies in its land size, offering room for gardening, expansion, or outdoor enjoyment—a relative rarity for the neighbourhood. It would suit first-time buyers or downsizers looking for a manageable, single-level layout with low-maintenance potential, as well as value-oriented buyers who prioritize lot size over interior square footage. A thoughtful perspective is that this home represents a "land play" in an established area; the value is anchored more in the property's potential and location than in the size of the house itself.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 884 sqft, the living area is below the average for both Nairn Avenue and Winnipeg overall, but it is around the average for the broader East Elmwood neighbourhood. This indicates a compact, efficient layout.
2. What does the assessed value ranking tell me?
The assessment is in the top 21% on its own street, meaning it is valued higher than most comparable homes directly around it. This often reflects factors like the larger lot, renovations, or overall condition relative to immediate neighbours.
3. Is the lot size a significant feature?
Yes. The lot is over 4,600 sqft, ranking in the top 11% on Nairn Avenue. This is a standout feature for the location, providing more outdoor space than is typical.
4. What is the home’s history based on recent sales?
It sold in September 2021 for $29,500 and previously in August 2019 for $23,800. This sales history is publicly available for further market trend analysis.
5. Who might this property not suit?
It may not suit buyers seeking ample above-ground living space or a modern, open-concept layout, given its smaller size and 1950s-era footprint. The value here is more about the land and location than expansive interior square footage.