19 Nichol Avenue

Property Overview: 19 Nichol Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home in Norberry presents a compelling mix of space, land, and value. Its key characteristic is its generous 1,802 sqft living area, which ranks in the top 5% of homes in Norberry and well above averages for the immediate street and the wider city. This is paired with a sizable 8,099 sqft lot, offering ample outdoor space that is significantly larger than most city and area lots.

The appeal lies in this above-average interior and exterior space, contrasted with a municipal assessed value that is around or below average for its peer groups. This suggests potential value for a buyer seeking more room without a premium price tag. The home is historic, built in 1924, which appeals to those who appreciate character but requires a buyer comfortable with the maintenance considerations of a century-old property.

It would best suit practical buyers who prioritize space—both indoors and outdoors—over a modern build date. It’s a fit for families, multi-generational households, or anyone needing room to grow, who are prepared to invest in a home with a strong foundational footprint but likely needs updates. A thoughtful perspective is that the below-average assessment for the street could indicate an opportunity for value appreciation with thoughtful improvements, bringing it in line with neighborhood norms.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to the last sale price?
The home sold between $300k-$350k in August 2017. The current assessed value is $315k, which sits below the average for Nichol Avenue but around the average for the broader Norberry area.

2. What does the "below average" year built ranking mean for me?
Built in 1924, the home is older than most in the city, neighborhood, and on its street. This typically means potential for classic architectural charm but also indicates that major systems (like plumbing, electrical, or the roof) may have been updated over time and should be carefully inspected.

3. Is the large lot size a major advantage?
Yes. The lot is over 8,000 sqft, placing it in the top 25% in Norberry and top 11% city-wide. This offers rare space for gardens, recreation, expansions, or simply more privacy than newer, denser developments.

4. Why is the living area considered "Elite" for the neighborhood?
With 1,802 sqft, this home offers substantially more interior space than the Norberry average (1,112 sqft). This means more room for living, working, and storage compared to most homes in the immediate area.

5. How can I get the exact historical sold prices?
The site provides sold price ranges publicly. Due to industry rules, exact MLS sold figures are not displayed online. You can request the full, verified transaction history by emailing the site directly for a manual lookup.