Property Overview: 36 Nichol Avenue, Norberry, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 36 Nichol Avenue is a classic Norberry property built in 1947, presenting a practical opportunity with distinct characteristics. Its primary appeal lies in its generous 8,095 sqft lot, which is notably larger than most lots in Winnipeg and above average for the Norberry area. This offers significant outdoor space for gardening, recreation, or future expansion. The house itself, at 1,075 sqft, is more compact than others on its street but is around the average size for the broader neighbourhood. With an assessed value of $377,000, it sits above the Norberry average, suggesting the lot size and location contribute solid perceived value.
This property would suit a buyer who prioritizes land over a large existing footprint. It’s ideal for someone comfortable with a home from the 1940s, possibly looking for a project or valuing the potential that a sizable lot provides. It could appeal to first-time buyers seeking entry into a stable neighbourhood with room to grow, or to downsizers who want a manageable house but still desire a substantial private yard. A less obvious perspective is that its "below average" size relative to its immediate street could represent a value opportunity for a savvy buyer who sees potential in the land, rather than viewing the smaller living area as a drawback.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the area?
At 1,075 sqft, the living area is smaller than the average home on Nichol Avenue but is very close to the average for the wider Norberry neighbourhood. This indicates the house is typical for the community but on a street where some homes are larger.
2. What does the assessed value tell us?
The $377,000 assessment is above the Norberry average. This often reflects the desirable lot size and specific location. It’s useful for understanding municipal tax calculations and general market positioning, but the final sale price is determined by the current market.
3. What are the implications of a 1947 build date?
Built in 1947, this home is of a vintage common to the area. Buyers should budget for potential updates to major aging components like plumbing, electrical, windows, or the roof, and consider a thorough inspection. This era of home often features solid construction and simpler, modifiable layouts.
4. How significant is the lot size?
The lot is a key feature. At over 8,000 sqft, it is substantially larger than the city-wide average. This allows for more privacy, space for additions like a garage or shed, and a larger yard than typically found in newer subdivisions.
5. Where can I find verified past sale prices?
The listing indicates a sale occurred in August 2022, with a price range provided. For the exact, verified sale price and full history, you must request a manual lookup from the site via email, as they do not display MLS sold data directly.