Property Overview: 23 Mohawk Bay, Niakwa Park
Key Characteristics & Appeal
This home at 23 Mohawk Bay presents a compelling opportunity in Winnipeg's Niakwa Park neighbourhood. Its primary appeal lies in offering above-average space and value relative to its immediate surroundings. With 1,815 sqft of living area, the home is significantly larger than most comparable properties on its street, in the area, and across the city, ranking in the top 10% locally. This is complemented by a generous 7,644 sqft lot, providing ample outdoor space.
The assessed value of $505k is notably higher than area averages, reflecting its size and positioning within the market. A thoughtful perspective is that while the home was built in 1956, its age is typical for the well-established Niakwa Park area, suggesting a neighbourhood character of mature homes and landscaping. The data indicates this property isn't just another house on the block; it's a standout in terms of scale and official valuation within a sought-after community.
This property would best suit buyers looking for a established neighbourhood with room to grow, both indoors and out. It appeals to those who value space over a newer build and appreciate a home that already holds a strong positional value within its market tier.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value ($505k) is for municipal tax purposes and is typically based on mass appraisal techniques. It can be a useful benchmark, showing the home is valued highly relative to neighbours, but the final sale price is determined by the current market. The last recorded sale was between $400k-$450k in September 2019.
2. What does the "Elite" or "Top 4%" ranking for the area mean?
This ranking is based on a direct comparison of specific metrics with similar homes. For this property, its living area and assessed value place it in the top 4% of 156 comparable properties in Niakwa Park, meaning it offers more space and is valued higher than 96% of homes in its immediate area.
3. Is a 1956-built home a concern?
The age is typical for Niakwa Park. The key consideration is the condition and updates made over the years. A home of this age may have solid construction but likely requires, or has had, updates to major systems like plumbing, electrical, roofing, and windows. A thorough inspection is essential.
4. Can I see the exact historical sale prices?
The site provides sold price ranges for context. To obtain verified, exact sale figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.
5. How does the lot size compare practically?
At 7,644 sqft, the lot is over 1,000 sqft larger than the average for the street. This translates to more potential for private outdoor space, gardening, expansions, or additions, subject to local zoning bylaws. It's a tangible size advantage in a mature neighbourhood.