Property Overview: 115 Braemar Avenue, Norwood East, Winnipeg
Key Characteristics & Appeal
This home is a quintessential example of a well-established Norwood East property, built in 1941. Its primary appeal lies in its consistency and alignment with the established character of the neighborhood. With 1,282 sqft of living space on a 5,036 sqft lot, it sits comfortably around the average for the street and area in terms of size, value, and lot dimensions. The assessed value of $330k is very close to the neighborhood average, suggesting a fair and stable valuation without premium pricing for exceptional features or significant undervaluation.
This property would suit a buyer looking for a predictable entry into a mature neighborhood, without the surprises of a home that stands out significantly in size or price. It’s a practical choice for someone who values community character over a brand-new build, and who may see potential in a home that offers a solid, average foundation rather than a finished product. A thoughtful perspective is that its "around average" status across most metrics could mean less competition from buyers chasing either obvious bargains or standout luxury, allowing for a more measured purchase.
Frequently Asked Questions
1. Is this house a good value compared to others on the street?
The data suggests it represents a typical value for Braemar Avenue. Its assessed value is slightly below the street average ($330k vs. $346.3k), while its living area is slightly above average. This balance indicates it is priced in line with neighborhood norms.
2. What does the sold price history tell us?
Records show it last sold between $300k-$350k in May 2017. This past sale price sits in the top 45% for the area, indicating it has been a solidly positioned property. For exact historical figures, a manual lookup via the site is required.
3. As a home built in 1941, what should I consider?
While its age is typical for Norwood East, it is older than the Winnipeg city average. Prospective buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, electrical, and foundation, which is a standard step for homes of this vintage.
4. How does the lot size compare?
At just over 5,000 sqft, the lot is typical for the street and neighborhood, but smaller than the Winnipeg city average for comparable homes. This means outdoor space is consistent with the area's character but may not offer expansive yard potential.
5. Where can I get verified sale data and more details?
The provided market analysis uses publicly available data. For fully verified transaction history and exact figures, you must request a manual lookup from the site via email, as MLS data is not displayed here.