Property Summary: 273 Nightingale Road, Winnipeg

Section 1: Overview & Appeal

This bi-level home in the Booth neighbourhood presents a practical opportunity with several distinct advantages. Its key characteristic is a generous 8,354 sqft lot, placing it in the top third for size on its street and offering ample outdoor space uncommon in many urban settings. The home itself features a renovated basement and an attached garage. While the living area is modest at 1,174 sqft, the property’s value is anchored in its land and recent updates.

The appeal lies in its balance of space, updates, and established location. The large lot is a significant asset for gardening, recreation, or future expansion. The renovated basement adds immediate functional living space without the need for initial projects. Its assessed value ranks highly within its immediate area, suggesting it is viewed as a solid asset relative to its peers.

This property would suit first-time buyers or downsizers seeking a manageable home with a premium on private outdoor space rather than a large interior footprint. It’s also a sensible fit for a value-oriented buyer who prefers a home with key renovations already completed, looking for a stable investment in a mature neighbourhood.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" typically include?
While specifics should be verified by a viewing or inspection, a renovated basement in a home of this era often means it has been finished into a livable space, potentially including family rooms, additional bedrooms, or a bathroom, adding valuable square footage to the usable area.

2. How does the large lot size impact me?
Beyond simple yard space, a larger lot can offer greater privacy, more landscaping possibilities, and potential for additions like a shed or deck. It can also contribute to the property's long-term value, as land is a finite resource.

3. The home was last sold in 2022. Should that be a concern?
Not necessarily. It indicates a recent transaction, which can provide a clear, modern price comparison. It may suggest the current sellers have completed the recent renovations, but the reason for the sale should be explored.

4. The living area is ranked lower than the lot size. What does that mean?
This highlights the property’s profile: it offers more land than interior space compared to neighbours. It’s ideal if you prioritize outdoor living or future expansion potential over a large interior floor plan today.

5. How significant are the high rankings for Assessed Value?
Ranking in the top 20% on the street and in the neighbourhood for assessed value indicates the municipal tax assessment views this property as one of the more valuable in its immediate area. This can be a marker of relative desirability but should be considered alongside market conditions and the actual sale price.