161 Braemar Avenue

Property Summary: 161 Braemar Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 161 Braemar Avenue in Norwood East presents a solid, established property with strong neighbourhood standing. Built in 1941, it offers 1,251 sqft of living space on a generous 5,003 sqft lot. The data reveals its core appeal: it is a consistently above-average property within its immediate area. Its assessed value of $358k ranks within the top 24% of Norwood East, indicating it is viewed more favorably than many local peers. The living space and lot size are both comfortably above the neighbourhood averages, offering more room than many nearby homes.

The appeal lies in its position as a dependable, spacious offering in a mature community. It suits buyers looking for a character home with a sizable yard, who value a sense of established stability over a newer build. A thoughtful perspective is that while the home is older than the Winnipeg average, it is typical for its sought-after, established neighbourhood—a trade-off many buyers in such areas willingly make for location and lot size. It would particularly suit a practical buyer who appreciates a home that outperforms its local market in key metrics without being an outlier, suggesting a good balance of value and space.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home last sold between $300k-$350k in mid-2019. Its current assessed value of $358k is above the street’s average, suggesting an increase in valuation since that last sale.

2. Is the living space typical for the area?
Yes, and slightly better than typical. At 1,251 sqft, it offers more living area than the average home in both Norwood East and on Braemar Avenue itself.

3. The home was built in 1941. What should I consider?
While older than the city-wide average, it is perfectly average for Braemar Avenue and Norwood East. This is standard for established neighbourhoods and means potential buyers should budget for updates and ensure a thorough inspection of aging components like plumbing, electrical, and the roof.

4. How does the lot size compare?
The lot is a key feature. At just over 5,000 sqft, it is larger than most lots in Norwood East and on its own street, offering valuable outdoor space that is less common in newer developments.

5. Where can I get verified sale price history?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact sale history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.