Property Overview: 92 Braemar Avenue, Norwood East, Winnipeg
Key Characteristics & Appeal
This home is a quintessential example of a well-established Norwood East property, built in 1944. Its key characteristics are defined by consistency within its immediate context. With 1,138 sqft of living space and an assessed value of $331k, it sits squarely around the average for both Braemar Avenue and the wider Norwood East neighborhood. This positioning is its primary appeal: it represents a stable, known quantity in a mature community. The lot size of 4,916 sqft is typical for the area and offers standard backyard potential.
The appeal lies in its predictability and the character of the neighborhood itself. It suits practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize location and community character over a brand-new build. A thoughtful perspective is that a home ranking solidly "average" in established metrics can be a strategic choice, offering lower risk compared to outliers and a clear benchmark for value. It’s a property for someone who sees a home as part of a neighborhood fabric, not just a standalone structure.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
The assessed value is slightly below the street average ($346.3k), while the living area is also a bit smaller than the street average. This suggests the pricing is proportionate, offering a potentially more accessible entry point to the street.
2. How does the age of the home (1944) affect this listing?
The home is older than the Winnipeg city average. This is typical for Norwood East and means buyers should budget for maintenance consistent with a home of this era, but also enjoy the established streetscape and mature landscaping that comes with an older neighborhood.
3. Why is there no sales history shown for this property?
As noted, the site does not include MLS sold records. You can request the exact sales history and figures via the email option provided on the detail page for a manually verified report.
4. What can the nearby "reference" properties tell me?
The listed references, like 103 Braemar Ave (similar size, higher assessment) and 152 Braemar Ave (smaller, lower assessment), provide immediate context. They show a range of values on the same street, highlighting how factors like condition, updates, and lot specifics influence price.
5. The city-wide land area average is much larger. Should I be concerned?
Not for this neighborhood. The city average is skewed by newer suburban lots. The lot size is very typical for central, established neighborhoods like Norwood East and is directly in line with local averages, offering a standard urban yard.