Property Overview: 678 Nottingham Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 678 Nottingham Avenue in Munroe East presents a compelling blend of space, modernity, and value within its local context. Built in 1975, it is notably newer than many homes in the immediate area and wider neighborhood, which typically date back to 1960. This suggests potentially fewer concerns with aging infrastructure and systems. With 1,216 square feet of living area, it offers significantly more interior space than most comparable homes on its street and in Munroe East, ranking in the top 10% for size locally.
The appeal lies in this above-average offering for the area. It provides a more modern and spacious footprint without the premium price of a brand-new build. The lot size is generous for the street and typical for the neighborhood, offering good outdoor space. The assessed value is consistently above average for both the street and Munroe East, indicating official recognition of its relative worth.
This property would suit practical buyers looking for a move-in-ready home in a stable neighborhood who value space and a more recent build year. It’s ideal for someone who wants a home that stands out positively against direct comparables without venturing into the luxury market. It may also attract value-conscious investors seeking a property with strong fundamentals in its micro-market.
Section 2: Frequently Asked Questions
1. How does this home’s 1975 build year compare to others?
It is significantly newer. The average build year for homes on Nottingham Avenue and in the wider Munroe East area is 1960, making this property approximately 15 years newer than most of its peers.
2. The city-wide average living area is 1,342 sq ft, which is larger. Why is this home considered spacious?
While smaller than the overall city average, which includes many newer, larger suburban homes, this property is evaluated here against its direct competitors. Within its own neighborhood and street, it ranks in the top 8-10% for living space, making it a relatively spacious option for this specific location and price point.
3. What does the assessed value ranking tell me?
The assessed value of $341,000 ranks in the top 10% for both the street and Munroe East. This generally means the municipal property assessment—which influences property taxes—recognizes this home as being of higher value than most surrounding properties, often reflecting its size, condition, and newer build date.
4. The sold price history shows a range of $350k-$400k in 2022. Is the assessed value accurate?
Assessed value (for taxes) and market value (sale price) are different. The 2022 sale price range aligns with the home’s above-average assessment, suggesting the market at that time agreed with its premium positioning in the area. Current market value would depend on present conditions.
5. Who provides the exact historical sold price, and why isn’t it listed publicly?
The exact sale price data is managed by the site, SaveOnHouse. They offer to provide it manually via email upon request, citing a commitment to not use contact details for unsolicited marketing. This practice is sometimes used to verify user engagement.