Property Overview
844 Nottingham Avenue is a compact, well-situated home in Winnipeg's Munroe East neighbourhood. Built in 1959, its key characteristic is a clear value proposition: it sits on a slightly larger-than-average lot for the immediate area while offering modest, efficient living space. The appeal lies in its position as a relatively affordable entry point into the market, particularly for those who prioritize land over square footage. The home's assessed value ranks above average for its street and neighbourhood, suggesting it is viewed favorably compared to its closest peers.
This property would best suit first-time buyers, downsizers, or investors looking for a manageable footprint with potential. It’s a practical choice for someone comfortable with a home that may require updates common for its age, but who sees value in a established community and a decent-sized yard. A less obvious perspective is that, while the living area is below average city-wide, its efficient size could mean lower utility costs and less maintenance, appealing to those seeking simplicity.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 816 square feet, the living area is below the average for both Nottingham Avenue and the wider Munroe East area. This indicates a more compact, efficient layout compared to many neighbours.
2. What does the assessed value tell us?
With an assessed value of $31,500, this home ranks in the top 30% for its neighbourhood. This suggests the property holds relatively good value compared to similar homes in Munroe East, potentially due to its lot size or condition.
3. What is the history of sales for this property?
Public data indicates it last sold between $250,000 and $300,000 in April 2020. For the exact historical sold price, you can request the information directly via email from the listing source.
4. How does the lot size contribute to the property?
The 4,920 sqft lot is slightly above average for Nottingham Avenue. This is a notable feature, offering more outdoor space than many direct neighbours, which could allow for gardening, expansion, or simply more privacy.
5. What are the likely considerations given its age?
Built in 1959, the home is older than many on its street. Prospective buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, which are common for homes of this vintage, while also appreciating the character and established landscaping that often comes with an older property.