Property Overview: 126 Braemar Avenue, Norwood East, Winnipeg
Key Characteristics & Appeal
This home at 126 Braemar Avenue is a well-established property in Norwood East, built in 1941. Its primary strength is its generous living space. At 1,636 square feet, the home is notably larger than most in its immediate area, ranking in the top 10% of the neighborhood and top 6% on its own street for size. This offers a tangible advantage for buyers seeking more room without leaving a sought-after, central community.
The assessed value of $379,000 sits above the local averages for both the street and Norwood East, reflecting its larger footprint and the area's desirability, while remaining below the citywide average for comparable homes. The lot size is consistent with the neighborhood standard. A key piece of context is its 2017 sale price, which fell within the $300,000-$350,000 range, providing a benchmark for market movement.
This property will likely suit buyers who value character homes with ample interior space in a mature neighborhood. It appeals to those who prioritize location and square footage over a newer build, and who are prepared for the maintenance or updates that can come with a home of this era. It represents a solid, above-average offering within its specific local market rather than a citywide outlier.
Frequently Asked Questions
1. How does the home’s size compare to nearby properties?
Very favorably. With 1,636 sqft, it is over 400 square feet larger than the average home on Braemar Avenue and nearly 500 square feet larger than the Norwood East neighborhood average, placing it in the top tier for living space locally.
2. Is the assessed value in line with the property?
The $379,000 assessment is above the local averages for the street and neighborhood, which is logical given its above-average size. It is slightly below the citywide average for comparable homes, which may be influenced by its age and location.
3. What is the history of sold prices for this home?
Public records indicate the home sold in July 2017 for a price between $300,000 and $350,000. Exact sale figures require a manual lookup through the site’s verification service.
4. How does the age of the home factor in?
Built in 1941, the home is typical for Braemar Avenue and Norwood East, where many homes date from the 1930s and 1940s. This suggests a neighborhood with consistent character but also that buyers should consider potential updates to systems like plumbing, electrical, or windows.
5. Are the lot dimensions standard for the area?
Yes. The 5,034 sqft lot is very close to the street and neighborhood averages, offering a typical yard size for Norwood East. It is, however, smaller than the citywide average lot for comparable homes.