Property Overview: 130 Nutley Circle, Winnipeg
Section 1: Key Characteristics & Appeal
This 1983-built home in River Park South presents a practical and competitively positioned offering. With 1,053 sqft of living space on a 4,402 sqft lot, its size is modest compared to immediate neighbors but aligns more closely with the Winnipeg average. Its primary appeal lies in value and stability. The assessed value of $381k sits below the neighborhood average, suggesting a potentially lower entry point into the well-established River Park South area. A thoughtful perspective is that this home is one of the original builds on Nutley Circle (ranking #1 out of 49 for year built on the street), which can imply a proven, settled streetscape but may also indicate a need for updates compared to newer additions.
The property suits first-time buyers or downsizers seeking a manageable footprint in a mature suburban neighborhood. Its city-wide value ranking (Top 44%) is stronger than its street or area ranking, highlighting that it represents a very typical Winnipeg home in terms of price, which can be reassuring for long-term value retention. The sales history shows significant equity growth since 2016, underscoring the area's stability. It’s a home for those prioritizing location and community over sheer size, who are comfortable with a property that may require personalization.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
While the living area is below the average for both Nutley Circle and the wider River Park South neighborhood, it is close to the city-wide average for Winnipeg. This indicates a more compact, efficient layout compared to some neighboring homes.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($381k) is a municipal valuation for tax purposes. Notably, it is below the street and neighborhood averages but slightly above the city-wide average. Recent sold prices on the street have ranged higher, suggesting market conditions and property condition will ultimately determine the sale price.
3. What does the "Elite" ranking for year built mean?
This specific ranking means 130 Nutley Circle was built in 1983, which is the oldest or among the oldest construction years recorded for comparable homes on its own street. It doesn't indicate luxury, but rather its status as an original home in that part of the development.
4. How stable has the property’s value been?
Public sales data shows a sale between $250k-$300k in 2016 and a sale between $400k-$450k in 2022. This trajectory indicates strong value appreciation over that six-year period, consistent with broader market trends in the area.
5. Where can I get verified historical sales data?
The provided sales data is compiled from public sources. For fully verified figures and a complete transaction history, you must request a manual lookup from the site, as MLS sold records are not displayed here due to industry regulations.