Property Overview
87 Nutley Circle presents a compact, single-family home in Winnipeg's River Park South neighborhood. Built in 1983, this 768 sqft residence sits on a 3,754 sqft lot and carries a municipal assessed value of $355,000.
Key Characteristics & Appeal
This home is defined by its efficient scale. Its living area is notably smaller than most homes on its street, in the neighborhood, and across Winnipeg, which positions it as an affordable entry point into a stable, established area. The assessed value is below average for Nutley Circle and River Park South but aligns closely with the Winnipeg citywide average, suggesting its price reflects its size rather than its location.
The primary appeal lies in value and simplicity. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property without leaving a well-regarded community. A thoughtful perspective is that its smaller footprint can mean lower utility costs, less upkeep, and a cozier living environment, which appeals to a specific lifestyle. While the lot is also smaller than average, it offers a manageable outdoor space. Its most recent sale in 2021 fell within the $300k-$350k range, indicating a history as a more accessible option in the area.
Frequently Asked Questions
1. Is this a good value for the neighborhood?
Based on assessed values, this home is priced below the neighborhood average. You are paying less, largely for a smaller living space, while still gaining access to the River Park South community.
2. Who would this property suit best?
It's ideal for buyers prioritizing location and affordability over square footage. This includes first-time homeowners, empty-nesters looking to downsize, or investors considering a long-term rental property.
3. How does the lot size impact the property?
The lot is smaller than typical for the street. This means less yard maintenance but also less private outdoor space. It's a practical trade-off that contributes to the home's lower price point.
4. Are the sold price figures shown exact?
No. The provided sold price history shows estimated ranges. To obtain verified, exact sale figures, you must request a manual lookup via email through the site, as this data is not sourced from the MLS.
5. The home is older—should I be concerned?
Built in 1983, it is actually among the newer homes on Nutley Circle. While any home of this age will require due diligence during inspection, its build year is not atypical and is around average for the wider city.