Property Summary: 608 Nottingham Avenue, Winnipeg
Key Characteristics & Appeal
This 1,101 sqft bungalow, built in 1958, presents a compelling opportunity in the Munroe East neighbourhood. Its primary appeal lies in offering above-average interior space and a strong assessed value relative to its immediate area. The home ranks in the top 11% of Nottingham Avenue for living area and the top 10% for assessed value, suggesting it is a larger and more valuable property on its own street. While the lot size is more compact compared to area averages, this can translate to lower maintenance, which is a practical consideration for many buyers.
The property would suit first-time homeowners or downsizers looking for a manageable, established home in a mature neighbourhood without sacrificing interior room. Its recent sale in the 2024 $350k-$400k range indicates a move-in ready condition and active market interest. A thoughtful perspective is that this home represents a "best-in-street" value proposition—it outperforms its closest neighbours on key metrics, which can be a sign of good upkeep and a smart investment within the local context.
Frequently Asked Questions
1. How does the lot size impact the property?
At 4,097 sqft, the lot is smaller than many in Munroe East. This typically means less yard maintenance, but it may limit options for large additions or extensive outdoor living spaces.
2. What does the assessed value tell me?
The $33,100 assessment is above average for both the street and the broader area, which generally reflects the city's view of the property's worth for tax purposes. It often correlates with the home's condition, size, and improvements relative to nearby properties.
3. Is the living space suitable for a family?
With just over 1,100 sqft, the home is larger than many bungalows on its block. It likely offers five main rooms, which can work well for a small family or couple, though room sizes and layout would need to be verified with a viewing.
4. Why is the city-wide assessed value average so much higher?
The city-wide average of $390k includes a vast range of property types, sizes, and neighbourhoods. This home's assessment is best compared to its local area (Munroe East), where it ranks above average, giving a more accurate picture of its standing.
5. How can I find out the exact past sale price?
The provided data shows a sold price range. For the precise figure, you can request it via email from the listing source, as this detail is often verified and shared manually to ensure accuracy.