Property Overview: 11 Pawnee Bay, Niakwa Park
Key Characteristics & Appeal
This is a well-established, mid-century bungalow in the sought-after Niakwa Park neighbourhood. Built in 1955, the home offers 1,090 sqft of living space on a generous 5,980 sqft lot. Its current assessed value is $402,000.
The primary appeal lies in its location and land. The lot size is substantial for the area, offering potential for outdoor enjoyment, gardening, or future expansion. While the living space is modest and below the average for its immediate street, this presents an opportunity for a buyer looking to personalize or update a home in a prime location without paying a premium for already-renovated square footage. The assessed value is consistently "around average" across all comparison levels, suggesting the property is priced fairly within the current market framework.
This home would best suit a practical buyer—perhaps a downsizer, a first-time homeowner, or an investor—who values lot size and neighbourhood character over move-in-ready size. It’s for someone who sees the underlying value in a smaller footprint on a large lot in a mature area, possibly with an eye toward gradual updates or leveraging the outdoor space.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 1,090 sqft, the living area is smaller than most comparable homes on Pawnee Bay and within Niakwa Park. However, it is closer to the city-wide average, indicating a more compact, efficient layout typical of its era.
2. Is the assessed value in line with the neighbourhood?
Yes. With an assessed value of $402,000, the property sits stably around the average for its street, the broader Niakwa Park area, and the city as a whole, indicating a market-appropriate valuation.
3. What does the lot size mean for potential?
The 5,980 sqft lot is a key feature. It is larger than the city-wide average and provides a significant amount of private outdoor space, which is a relative rarity and adds long-term value and flexibility.
4. When was it last sold, and what did it sell for?
The property was last sold in July 2019. The public price range provided is between $250,000 and $300,000. For verified, exact historical sale figures, a manual lookup can be requested.
5. Given its age, what should I consider?
Built in 1955, the home is one of the older properties on its street. A prospective buyer should budget for or investigate the condition of age-related components, such as the roof, plumbing, electrical systems, and insulation, which may require maintenance or updating.