378 Nightingale Road

Property Overview: 378 Nightingale Road, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in the Booth neighbourhood is defined by its generous 6,540 sqft lot, which is notably larger than most on its street and in the wider area. The house itself offers 1,609 sqft of living space and features an attached garage and a renovated basement. Built in 1965, it sits comfortably in the middle range for age compared to its surroundings.

Its primary appeal lies in its established setting and above-average land size, offering space and maturity that newer subdivisions often lack. The renovated basement adds functional, modern living space. This property would suit practical buyers looking for a solid family home in a long-established neighbourhood, who value interior updates and outdoor space over a brand-new build. A thoughtful perspective is that while the home’s assessed value is modest, its recent sold prices indicate a market value significantly higher—suggesting the area may be appreciating or that the property offers intangible value not fully captured in the assessment.

Section 2: Frequently Asked Questions

1. How does the lot size compare practically?
At 6,540 sqft, the lot is larger than approximately 77% of properties on the same street. This typically allows for more private outdoor space, larger gardens, or potential expansion compared to standard lots in the area.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and the nature of the renovation (e.g., recreational room, additional bedroom, legal suite).

3. Has the property's value been stable?
Sold price history shows a rise from $320k in 2016 to $380k in 2019. While past performance doesn't guarantee future results, this trajectory suggests the property has held value in the recent past.

4. Is the house older or newer for the area?
Built in 1965, it is newer than about 75% of homes on Nightingale Road, making it one of the more recent builds on the street, though the neighbourhood overall has a mix of older and similarly aged homes.

5. How does the assessed value relate to the expected market price?
The assessed value is $40.40k, but this is for tax purposes and is not a market valuation. The last sold price in 2019 was $380k, which is a more relevant benchmark for understanding its market value, highlighting the significant difference between tax assessment and sale price.