Property Overview: 537 Nathaniel Street, Grant Park, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Grant Park offers a practical and spacious footprint on a generous lot. Its key characteristic is its above-average living space (1,453 sq ft), which places it in the top 7% of homes on Nathaniel Street and the top 9% within the wider Grant Park area. This suggests a home that feels roomier than many of its immediate peers. The property sits on a large 5,725 sq ft lot, providing ample outdoor space and ranking well above the neighbourhood average. A recently renovated basement adds modern, functional living space.
The appeal lies in its established neighbourhood setting combined with these tangible metrics of space—both indoors and out. It’s a home that offers room to grow or simply breathe, without the premium often attached to newer builds. The detached garage is a practical asset. It would particularly suit buyers who prioritize interior space and yard size over a brand-new build, such as young families looking for room in a mature area, or downsizers seeking single-level living without compromising on square footage. Its assessed value is consistent with the area, indicating a stable, fair market position without being over-leveraged.
Frequently Asked Questions
1. How does the home’s size compare to others in Winnipeg?
City-wide, the living area is around the average mark. The home’s standout size is most relevant within its local Grant Park context, where it is notably larger than many comparable properties.
2. What does the “renovated basement” entail?
The listing confirms the basement is renovated, but the specific scope, quality, and permits should be verified through a viewing and inspection. It represents added modern living space but requires detailed inquiry.
3. Is the assessed value a good indicator of the likely selling price?
The assessed value is for municipal tax purposes. While it provides a benchmark, the final sale price is determined by the market. The home last sold in 2021, so recent neighbourhood sales will be a more current guide.
4. What are the implications of the home’s age (built in 1959)?
A home of this age offers character and established landscaping but warrants a thorough inspection of major systems like plumbing, electrical, and the roof to understand any upcoming maintenance or updates needed.
5. How does the lot size benefit a buyer?
The lot is significantly larger than many in Grant Park. This offers superior outdoor space for gardening, recreation, or potential future additions like a deck or shed, subject to local bylaws. It’s a key asset for privacy and flexibility.