Property Overview: 756 Nottingham Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Nottingham Avenue in Munroe East presents a distinct profile defined by its contrasts. Its key characteristic is a modest 816 sqft living area, which is notably smaller than most homes on its street and across Winnipeg. However, this is balanced by a proportionally large, nearly 5,000 sqft lot and a relatively high assessed value for its immediate area. Built in 1958, it is a vintage property typical of its neighbourhood.
The appeal lies in this balance. The lower-than-average square footage suggests a manageable, efficient layout with potentially lower utility costs, while the above-average lot size offers valuable outdoor space for gardening, expansion, or simply enjoying a larger yard than many neighbouring properties. Its assessed value ranking highly on its street indicates it may be well-maintained or have features that add disproportionate worth for its size.
This property would best suit practical, value-oriented buyers. It's a strong candidate for first-time homeowners seeking an entry point into the market without a massive footprint to maintain, or for downsizers looking to retain a generous yard. It could also appeal to investors or renovators who see potential in the land ratio, imagining an addition or valuing the outdoor space more than interior size.
Section 2: Frequently Asked Questions
1. Why is the assessed value high compared to nearby homes?
While the living area is smaller, the assessed value is in the top 8% on Nottingham Avenue. This often reflects factors like significant updates (roof, windows, systems), desirable interior finishes, or an advantageous position on the lot. The above-average land size also contributes to the valuation.
2. Is the smaller living area a major drawback?
It depends on your needs. The 816 sqft footprint is efficient and manageable, which can mean lower heating costs and less upkeep. For a single person, couple, or small family comfortable with cozy spaces, it can be a benefit. The trade-off is the generous outdoor space you gain.
3. What does the recent sale history indicate?
The home sold in 2024 and again in 2025. The increase in sale price range between those years suggests rising market interest or value recognition in the property. It’s wise to investigate the reasons for the quick resale to ensure there are no underlying issues.
4. How does the lot size compare meaningfully?
At 4,989 sqft, the lot is larger than the average on its street and in Munroe East. This is a significant asset, providing more privacy, recreational space, and future potential than is typical for homes of this vintage and interior size in the area.
5. Where can I get more specific context about this property?
For precise details like exact historical sale prices, you can request that information via email from the listing source. To understand how this home fits within its immediate surroundings, the provided neighbourhood analysis map allows for direct visual comparison with nearby houses on metrics like year built and lot size.