Property Overview: 20 Chippawa Bay, Niakwa Park, Winnipeg
Key Characteristics & Appeal
This home at 20 Chippawa Bay is a 1,029 sqft bungalow built in 1958, situated on a 6,500 sqft lot in the established Niakwa Park neighbourhood. Its key appeal lies in its generous, above-average lot size for both the area and the city, offering valuable outdoor space and potential. The home presents a practical opportunity: its assessed value ($358k) is notably below the average for Niakwa Park, suggesting room for modernization that a buyer could tailor to their taste. While the living area is compact compared to nearby homes, this can be an advantage for those seeking lower maintenance without sacrificing yard space.
This property would suit a first-time buyer, an investor, or a downsizer looking for a solid foundation in a mature neighbourhood. It’s ideal for someone comfortable with a home of vintage character who sees potential in the sizable lot—whether for gardening, expansion, or simply enjoying more private outdoor room than is typically available in newer subdivisions. The price point, relative to the area, offers a tangible entry into a desirable community.
Frequently Asked Questions
1. Is the sold price history complete?
The displayed sold price ranges are based on publicly available data. To obtain fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email, as this site does not include MLS records.
2. How does the lot size compare?
The 6,500 sqft lot is a standout feature. It ranks above average within Niakwa Park and city-wide, meaning you get more outdoor space than most comparable properties.
3. The living area seems small. How does it compare?
At 1,029 sqft, the interior is below the average size for homes on its street, in Niakwa Park, and across Winnipeg. This indicates a more compact, efficient layout rather than a sprawling one.
4. What does the assessed value tell me?
The $358k assessment is below the local neighbourhood average. This can signal a valuation that hasn’t kept pace with recent area sales or may reflect the home’s condition, presenting a value-based opportunity for buyers.
5. The home was built in 1958. Is that older than most?
Yes, its 1958 build date is actually newer than most homes on its street and in Niakwa Park, ranking it in the top 12-13% for its area. It’s a relatively younger home in an older, established neighbourhood.