Property Overview: 101 Nassau Street N, Winnipeg
Key Characteristics & Appeal
This home at 101 Nassau Street N in the McMillan neighbourhood presents a compelling blend of space, value, and established character. Built in 1957, it is a notably newer property within its immediate historic streetscape, potentially offering more modern construction fundamentals than many neighbouring homes. Its primary appeal lies in its generous proportions. With over 2,000 square feet of living space, it ranks in the top 10% for size on its street and above average city-wide, providing ample room for comfortable living.
The property stands out for its strong assessed value relative to the area, ranking in the top 6% on Nassau Street N. This suggests a solid perception of worth for municipal tax purposes. Coupled with a larger-than-average lot size for the street, the home offers a sense of space both inside and out. It would particularly suit a buyer looking for a well-sized, established home in a mature neighbourhood without the maintenance concerns of a century-old property. It’s a practical choice for those who value interior space and a stable assessment footprint, possibly appealing to families or those seeking a long-term home with room to grow.
Frequently Asked Questions
Q: How does this home’s 1957 build date compare to others nearby?
A: It is significantly newer than many homes in the McMillan area. On its own street, it ranks in the top 20% for year built, with nearby averages dating to 1926. This may mean updated systems and potentially fewer legacy maintenance issues than much older homes.
Q: The assessed value seems high for the area. Is that a concern?
A: The assessed value of $47,600 is above average for the street and neighbourhood. This typically reflects the municipality’s valuation of the property’s worth relative to its characteristics and is not inherently a concern, but it is a direct factor in calculating your annual property taxes.
Q: What does the sold price history indicate?
A: Public records show the home sold for an estimated $350k-$400k in 2016. For the exact sale price, you can request the information directly via the provided email service on the listing page.
Q: Is the lot size typical?
A: The lot is over 4,300 sq ft, which is above average for Nassau Street N. However, it is around the average size for the broader McMillan neighbourhood and slightly below the city-wide average for residential lots.
Q: What are comparable nearby properties like?
A: The listing suggests viewing several properties on nearby Wilmot Place, Wellington Crescent, and Norquay Street. These homes vary in age from 1905 to 1987, with living areas and assessed values both lower and higher, providing a good cross-section of options in the vicinity.