Property Overview: 513 Nathaniel Street, Grant Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic two-storey with a renovated basement and a detached garage, built in 1959. Its key appeal lies in its well-proportioned lot and established neighborhood setting. With 1,267 sqft of living space, it offers a comfortable footprint that is notably above average for the desirable Grant Park area. The nearly 5,725 sqft lot is a significant asset, ranking well above average for both the street and the neighborhood, providing ample outdoor space and potential.
The home’s assessed value is positioned around the city-wide average, suggesting it may offer relative value within its sought-after locale. The renovated basement adds functional living space. This property would suit first-time buyers or downsizers looking for a manageable home in a prime central neighborhood without a premium lot-size penalty. It also appeals to value-conscious buyers who prioritize land size and location over a recently built or fully modernized structure, seeing potential in the solid foundation and generous yard.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others in the area?
The living area is 1,267 sqft, which is above average for Grant Park and about average city-wide. The lot size of 5,725 sqft, however, is a standout feature, being larger than most lots on the street and in the immediate area.
2. What is the property’s value history?
Public records indicate a sale in July 2017 for an approximate range. For the exact historical sold price, you can request the information via email from the listing source.
3. Is the basement finished?
Yes, the listing specifies the basement has been renovated.
4. What is the typical home like on this street?
Homes on Nathaniel Street are generally similar in age (built around 1960) and style. This property’s lot size is larger than most of its direct neighbors, while its living space and assessed value are fairly representative of the street.
5. How old is the home, and what might that mean for a buyer?
Built in 1959, the home is of a vintage common to the area. Buyers should factor in the potential for updates to original systems and components, balanced against the character and established landscaping of an older property.