Property Overview
This 1,056 sqft one-storey home at 673 Nairn Avenue in East Elmwood presents a practical and well-positioned opportunity. Built in 1958, it features a renovated basement and a detached garage. The data suggests its primary appeal is its strong standing within its immediate neighborhood. Its living space is above average for East Elmwood, and its assessed value ranks well on its own street, indicating it is a solid, maintained property in its local context. The lot, at 3,300 sqft, is more compact compared to wider city averages, which translates to lower maintenance.
This home would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established neighborhood. It’s a value-conscious choice for someone prioritizing a move-in ready basement and the utility of a garage over a large yard or a brand-new build. A thoughtful perspective is that its "above-average" metrics on the street and in the area, coupled with a "below-average" citywide land area, highlight a specific value proposition: you’re acquiring a home that stands out in its own community without paying for excess land.
Frequently Asked Questions
1. How does the home’s value compare to the area?
The home’s assessed value is above average for Nairn Avenue itself and around average for the broader East Elmwood neighborhood, suggesting it is priced consistently with well-kept local properties.
2. What should I know about the lot size?
At 3,300 sqft, the lot is smaller than many in Winnipeg overall. This means less yard maintenance, but also less private outdoor space compared to newer suburban lots.
3. The home was last sold in 2016. What does that indicate?
A sale nearly a decade ago suggests a period of stable ownership, which often correlates with consistent upkeep. It’s a positive data point, but a current home inspection is still essential.
4. Is the living space sufficient for a small family?
At just over 1,000 sqft on the main floor, plus a renovated basement, the home offers functional space for a small family or couple. The single-storey layout adds accessibility and simplicity.
5. How does the age of the home factor in?
Built in 1958, the home is older than many on its street and in East Elmwood. This typically means character and mature landscaping, but also that major systems (like roof, plumbing, wiring) should be carefully evaluated for updates or lifespan.