Property Overview: 716 Nottingham Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-established, mid-century bungalow in the Munroe East neighbourhood, built in 1958. With 948 square feet of living space on a nearly 4,900 sqft lot, its size is very typical for its immediate street and area, offering a manageable layout for everyday living. The home’s assessed value of $310,000 is notably above average for Nottingham Avenue itself, suggesting it may have features or a condition that sets it apart from its closest neighbours. It last sold between $350,000–$400,000 in 2022.
The appeal lies in its position as a solid, comparably priced home within a mature community. It suits first-time buyers or downsizers looking for a lower-maintenance property without a tiny lot, or investors seeking a stable rental in a neighbourhood of similar homes. A thoughtful perspective is that while its size is modest city-wide, its above-average valuation on its own street could indicate good relative upkeep or desirable lot orientation, offering a sense of value within a familiar local context.
Frequently Asked Questions
1. How does this home compare to others on the street?
The data shows it is very aligned with the street's average for size, age, and lot size. Its key differentiator is its assessed value, which ranks in the top 29% on Nottingham Avenue, indicating it may be assessed higher than many direct neighbours.
2. What does the sold price range from 2022 tell us?
The previous sale in the $350k–$400k range, above the current assessed value, provides a recent market benchmark. It’s important to request the exact sold price for precise comparison to any current asking price.
3. Is the living space considered small?
At 948 sqft, it is slightly below the city-wide average but is very consistent with the typical home in both the Munroe East area and on Nottingham Avenue itself, where averages are 1,009 sqft and 971 sqft respectively.
4. What is the significance of the lot size?
The lot of 4,894 sqft is standard for the area and street. It offers a decent outdoor space for a home of this era without the extensive maintenance of a much larger city lot.
5. Where can I see more context about the neighbourhood?
You can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby homes, comparing details like year built, size, and value directly.