Property Overview
833 Nottingham Avenue is a modest, single-family home in Winnipeg's Munroe East neighborhood. Built in 1959, it sits on a roughly 5,000 sqft lot. The home's 816 sqft living area is notably compact, ranking below average for its street, area, and the wider city. Its assessed value is relatively low and in line with local averages, though well below the city-wide benchmark. The property last sold in mid-2021. Its appeal lies in its efficiency and lot size, offering a lower-cost entry point into homeownership with space for gardening or expansion.
Key Characteristics & Ideal Buyer
This home is defined by its practicality. The smaller living footprint means lower utility costs and less maintenance, appealing to those seeking simplicity. While the house itself is compact, the lot size is generous for the area, presenting a clear value in the land itself—a blank canvas for gardeners, or a long-term opportunity for expansion or redevelopment. Its assessed value is firmly anchored in the local market context, not the inflated city-wide averages, representing a grounded, affordable option.
It would best suit first-time buyers or downsizers prioritizing financial accessibility over space, or an investor looking for a land-value play in a stable neighborhood. It’s not for those needing ample indoor room, but ideal for someone who sees potential in the balance between a modest dwelling and a sizable yard.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value (approximately $28,900) is for municipal tax purposes. The market value, or what a buyer would pay, is typically higher and is influenced by current market conditions. The home last sold for an estimated $300k–$350k in 2021.
2. How does the small living area compare to nearby homes?
At 816 sqft, the living area is smaller than most comparable homes on Nottingham Avenue (avg. ~971 sqft), in Munroe East (avg. ~1,009 sqft), and significantly smaller than the Winnipeg average (~1,342 sqft).
3. What does the lot size offer?
The 4,927 sqft lot is slightly above average for the immediate street and neighborhood. This is a key feature, providing outdoor space that the interior lacks, suitable for recreation, gardening, or future projects.
4. How old is the home, and what does that mean?
Built in 1959, the home is older than most on its street but typical for the broader area. Buyers should budget for potential updates to major aging components like the roof, plumbing, or electrical systems.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. You can request the exact historical sale price by emailing the listing service via the "Get exact sold price history" button; they provide this detail manually without marketing spam.