Property Overview: 216 Nightingale Road, Winnipeg
Key Characteristics & Appeal
This well-established one-storey home in the Booth neighbourhood sits on a notably large, 9,148 sqft lot, placing it in the top tier for land size on its street. Built in 1965, the home features 1,256 sqft of living space and includes an attached garage and a renovated basement. Its primary appeal lies in its generous outdoor space—a rarity that offers significant potential for gardening, expansion, or simply enjoying a private yard. The renovated basement adds functional, modern living area.
The property suits two main types of buyers: those looking for a solid, single-level home with immediate move-in readiness thanks to the basement renovation, and visionaries who see the exceptional lot size as a long-term asset for future projects or as a valuable hedge in a land-scarce market. While the home itself is average in size for the area, its land footprint is a standout feature. A thoughtful perspective is that the lot's ranking (top 12% on the street) may offer more future value appreciation than the structure itself, appealing to strategic buyers.
Frequently Asked Questions
1. How does the large lot size impact property value?
A lot of this size (top 88% on the street) is a premium feature. It provides privacy, space for additions like a deck or workshop, and typically supports stronger value retention, as land is a finite resource.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify details. A buyer should inquire about the scope of work, permits, the quality of finishes, and whether it includes added bedrooms or a legal suite.
3. The home last sold in 2016. What should I consider?
With two sales in 2016, the price history shows steady appreciation at that time. The current assessed value is higher. It’s important to understand what updates, if any, have been made since 2016 to justify market expectations.
4. The living area is ranked lower than the lot size. Is that a concern?
Not necessarily. It indicates the house is comfortable but not oversized for the neighbourhood. The combination suggests the value proposition is weighted toward the land, which could be ideal for buyers prioritizing outdoor space over a massive interior.
5. How do the rankings for Year Built and Value compare?
The home is newer than 75% of houses on its street but has an assessed value ranking lower than its age ranking. This can sometimes indicate a property with solid fundamentals (good lot, decent age) where the interior may benefit from modernization, presenting an opportunity.