Property Overview: 27 Nutley Circle, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 940 sqft bungalow, built in 1983, presents a practical opportunity in a well-established Winnipeg neighborhood. Its key appeal lies in its efficient scale and solid foundational value. While the living space is notably compact compared to most homes on the street and in the wider area, this translates to lower utility costs and minimal upkeep. The assessed value of $386k is very close to the Winnipeg average, suggesting the price reflects the home's size and condition fairly.
The property would suit first-time buyers, downsizers, or investors seeking an affordable entry into a stable neighborhood without the maintenance burden of a larger house. A thoughtful perspective is that this home, one of the original builds on the street (ranking "elite" for its year built on Nutley Circle), offers a chance to own in a mature, settled streetscape. The lot size is consistent with the neighborhood, providing adequate outdoor space without being overwhelming. Its value proposition is straightforward: a manageable, no-frills home in a convenient location, ideal for those prioritizing financial efficiency and simplicity over square footage.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 940 sqft, it is smaller than the average home in River Park South. This is a key consideration for growing families but can be an advantage for individuals, couples, or empty-nesters seeking an easier-to-maintain property.
2. How does the assessed value compare?
The $386k assessment is around the city-wide average. On its own street, it ranks in the middle of the pack, and it is below the neighborhood average, which is influenced by larger, newer homes.
3. When was it last sold, and for how much?
Public records indicate a sale between October 2016, for a price in the CA$250k–300k range. For verified, exact historical sale figures, a manual records lookup is required.
4. What is the neighborhood like?
River Park South is a mature, family-oriented community. The data shows Nutley Circle is primarily lined with homes from the early 1980s, indicating a settled, consistent character.
5. Are there similar properties nearby for comparison?
Yes. Nearby examples include 23 Nutley Circle (1,067 sqft, $359k assessment) and 134 Nutley Circle (963 sqft, $386k assessment), providing direct benchmarks for size and value on the same street.