Property Overview: 45 Mohawk Bay, Niakwa Park, Winnipeg
Key Characteristics & Appeal
This is a well-established, mid-century home in the Niakwa Park neighbourhood, built in 1955. Its primary appeal lies in its generous, above-average lot size of 6,502 sqft, which offers significant outdoor space and potential for gardens, expansion, or recreation—a notable feature in a mature area. With a living area of 1,196 sqft, the home itself is more compact and functional than many on its street, suggesting a manageable layout. The assessed value of $395k is consistently around the average for the area, indicating a stable and fair market position.
The property suits buyers looking for a solid footprint in a quiet, established neighbourhood, where the value is anchored more in the land than in a large interior. It would appeal to downsizers seeking a manageable home with ample yard space, or to value-oriented buyers who see potential in the lot size and are comfortable with a home that may require updates reflective of its era. A thoughtful perspective is that while the house size is modest relative to the street, the superior lot ranking offers a private oasis and long-term flexibility that newer subdivisions often lack.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living space is below the average for Mohawk Bay itself, but closer to the average for the wider Niakwa Park area. This indicates a more compact, efficient layout compared to its immediate neighbours.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $395k is around the middle of the pack for the street, area, and city. It serves as a baseline for municipal taxation, but market conditions, property condition, and buyer demand will ultimately determine the sale price.
3. What does the lot size ranking mean in practical terms?
Ranking in the top 21% on the street for land area means this property has one of the larger lots on Mohawk Bay. This translates to more private outdoor space, potential for additions, or simply a less crowded feel compared to neighbouring properties.
4. When was it last sold, and what was the price?
Public records indicate a sale between January 2016 and April 2025, with a sold price in the range of CA$250,000–$300,000. For verified, exact historical sale figures, a manual lookup can be requested.
5. What should I consider about a home built in 1955?
Homes from this era often feature solid construction but may have original mechanical systems (like plumbing or electrical), windows, or insulation that could benefit from modernization. A thorough inspection is recommended to understand the condition and any needed investments.