Property Overview: 306 Nightingale Road, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated two-storey home in Booth offers a classic layout with notable updates and a strong foundation for comfortable living. Its key appeal lies in the combination of a generous, mature lot—ranking in the top 14% for size on its street—and a fully renovated basement, providing immediate usable space. Built in 1966, the home presents a solid opportunity: it’s newer than most in its immediate area (top 8% on the street) yet retains the character and established setting of the neighbourhood.

The property suits two main types of buyers. First, it’s ideal for practical upgraders or young families who value move-in readiness from the basement renovation but see potential to personalize the main living areas over time. Second, it appeals to value-conscious buyers looking for a home with a footprint larger than many in Winnipeg (its living area ranks in the top 22% city-wide) on a lot that offers room for gardens, play, or future expansion. A thoughtful perspective is its balanced positioning; it’s not the newest or most expensive home on the block, which can offer stability and avoid the premium often attached to the absolute top-tier properties in an area.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" typically include?
While specifics should be verified, a renovated basement in a home of this era usually means finished living space, likely including proper flooring, drywall, and lighting. It’s essential to check the quality of the renovation, permits, and whether it includes a bathroom or separate entrance.

2. How does the 2019 sale price compare to today's value?
The home sold for $380,000 in 2019. Market conditions have shifted since then, so the current list price will reflect changes in the local Winnipeg market over the past five years. This historical data is a useful benchmark for understanding the property’s trajectory.

3. The assessed value is significantly lower than the last sale price. Why?
Municipal assessed value ($41,100) is for tax purposes and is often not aligned with market value. It’s based on mass appraisal techniques and older data. The market sale price is determined by what buyers are currently willing to pay.

4. What are the advantages of a larger lot on this street?
A lot size ranking in the top 14% on the street means more private outdoor space, better potential for landscaping, and possibly more distance from neighbours. It can also provide better future potential for additions or amenities like a large deck or shed, compared to more tightly packed lots.

5. The home is older—what should I be mindful of?
While the basement has been updated, a 1960s home will have original core components. A thorough inspection should focus on the roof, windows, plumbing, electrical systems, and the foundation. The recent renovation is a plus, but understanding the condition of the original structure is key.