Property Overview: 15 Mohawk Bay, Niakwa Park, Winnipeg
Key Characteristics & Appeal
This is a well-established, mid-century bungalow in the sought-after Niakwa Park neighbourhood. Built in 1956, the home sits on a generous 6,403 sqft lot, which is notably larger than the average city lot. With 1,196 sqft of living space and a recent assessed value of $383,000, it presents as a more compact home on a substantial piece of land.
Its primary appeal lies in its location and lot size. The property offers the stability and mature streetscape of a classic Winnipeg neighbourhood. A thoughtful perspective is that while the house itself is modest in size compared to others on its street, this can represent a value-oriented entry point into the area. The significant lot provides ample outdoor space and potential for future expansion or landscaping, which is a premium feature in the city. The home’s recent sale history shows steady appreciation, suggesting a solid investment in a stable community.
This property would best suit first-time buyers or downsizers seeking a lower-maintenance home in a prime neighbourhood, where the land itself is a major asset. It’s also a potential fit for a buyer with a vision for renovations or an addition, given the generous yard and established location.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 1,196 sqft, the living area is below the average for both Mohawk Bay and the wider Niakwa Park area. This indicates a more compact home, which is reflected in its below-average assessed value for the street.
2. Is the lot size a significant feature?
Yes. The 6,403 sqft lot is above the city-wide average. For the neighbourhood and street, it is around average, meaning you’re getting a typically large Niakwa Park lot, which is a key characteristic of the area.
3. What does the sale history indicate?
The home sold in December 2023 within the $350k-$400k range. Previous to that, it sold in July 2019 for $250k-$300k. This indicates notable appreciation over that 4-year period.
4. How old is the home, and what does that mean?
Built in 1956, the home is 70 years old. On its street, it is actually newer than many peers (ranking 7th newest out of 39). Buyers should budget for the maintenance and potential updates expected of a home from this era.
5. Where can I get verified, exact sold price data for this property?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact transaction history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.