Property Overview: 822 Nottingham Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 822 Nottingham Avenue in the Munroe East neighbourhood is a well-situated, classic Winnipeg property. Built in 1959, it offers 1,011 sqft of living space on a generous 4,922 sqft lot. The data reveals its primary strength is its established location: when compared directly to its immediate street and neighbourhood, it consistently ranks above average in key metrics like living area, assessed value, and the age of the home. This suggests a property that holds its own in a stable, mature community.
The appeal lies in its relative value and space within its local context. It provides more interior room than many of its direct neighbours and sits on a lot size typical for the area. It last sold between $250k-$300k in 2019. This profile suits practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a established neighbourhood character over a brand-new build. It’s a home for someone who sees the advantage in a property that stands out positively on its own block, even if its size is more modest by broader city standards. The lot size also presents a canvas for gardening, outdoor living, or future expansion, subject to local regulations.
Section 2: Frequently Asked Questions
1. What does it mean that the home ranks "above average" for its street but "below average" city-wide?
This is common for established neighbourhoods. It means the home is a competitive size and value within its own, likely older, community of similar homes. The city-wide comparison includes newer suburbs with larger modern builds, which skews the average. The street-level ranking is often more relevant for day-to-day living and resale within the area.
2. How current is the assessed value shown, and how does it relate to market price?
The assessed value of $31,400k is for municipal tax purposes and is typically based on a mass appraisal from a previous year. It is a legal formula and not a real-time market valuation. Market price is determined by what buyers are currently willing to pay, which can be higher or lower. The 2019 sale price range provides a more concrete, though dated, market reference point.
3. The home is 67 years old. What should I consider?
While the home is older than the median for both the street and city, this is typical for the core of Winnipeg. The key consideration is the condition of major aging components like the roof, plumbing, electrical, and foundation. A thorough professional home inspection is essential to understand any needed updates or repairs, which should be factored into your budget.
4. Can I get the exact historical sale price instead of the range shown?
Yes. The exact sale prices are not published publicly online due to privacy regulations. You can request the precise history by emailing the site via the "Get exact sold price history" button. They provide this data manually as a service.
5. How does the lot size compare, and what are the potential benefits?
At just under 5,000 sqft, the lot is very typical for Munroe East and slightly larger than the average on Nottingham Avenue itself. This is a notable asset, offering more outdoor space than many inner-city properties. It provides room for a sizeable yard, gardening, recreational space, or potential for additions like a garage or deck, always subject to zoning bylaws.