Property Overview: 334 Nightingale Road, Winnipeg
Key Characteristics & Appeal
This bi-level home, built in 1965, sits on a generous 6,557 sqft lot in the Booth neighbourhood. Its primary appeal lies in a combination of solid value and established community positioning. The home features a renovated basement and an attached garage, with a living area of 1,251 sqft.
The property’s standout characteristic is its strong value metrics relative to its immediate surroundings. With an assessed value of $450k, it ranks in the top 10% on its own street and top 11% in the neighbourhood, suggesting it is perceived as a premium property within this specific locale. This is corroborated by its 2023 sale price of $455k, which also ranks highly. While the home itself is not new, the lot size is well above average for the street, offering valuable outdoor space and potential.
This home would suit practical buyers looking for a move-in-ready property with a renovated basement in a stable, established area. It’s ideal for someone who values being in the upper tier of their immediate market rather than chasing the newest build. The data suggests it’s a property with a proven history of holding its value well against its closest comparables.
Frequently Asked Questions
1. How does the property’s value compare to the wider Winnipeg market?
While it ranks very high on its street and in Booth, its assessed value places it in the top 26% city-wide. This indicates it’s a solid, above-average property for Winnipeg, but its most impressive value standing is hyper-local.
2. Is the lot size a significant feature?
Yes. At 6,557 sqft, the lot ranks in the top 27% on Nightingale Road. For a 1960s bi-level, this provides more private outdoor space than many neighbouring properties, which is a key less-obvious advantage.
3. The home was built in 1965. What does this imply?
It places the home in the middle range for age on its street (top 75%, meaning newer than 75% of houses there) and slightly newer than average in Winnipeg. This suggests an established, mature streetscape without some of the extreme maintenance concerns of older homes.
4. What do the high rankings for assessed and sold value mean?
They strongly indicate that this specific property has consistently been appraised and has sold for amounts significantly higher than most of its direct neighbours. This could be due to its lot size, renovations, or overall condition.
5. Are the provided comparable listings useful?
The "For Reference" listing at 294 Nightingale Road is highly relevant: same year, similar size, but a much lower assessed value. This stark contrast helps underline why 334 Nightingale Road is positioned at a premium.