Property Overview: 6 Cherokee Bay, Niakwa Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 6 Cherokee Bay is a quintessential, well-established property in the Niakwa Park neighbourhood. Built in 1955, it sits on a generous, roughly 6,000 sqft lot, offering more outdoor space than many city-wide comparables. With 1,158 sqft of living area, the interior is slightly more compact than others on its street and in the immediate area, suggesting a efficient layout that prioritizes its substantial lot size.
Its core appeal lies in its position as a solid, average-value offering in a desirable neighbourhood. The assessed value of $398k is consistently around the average mark for Cherokee Bay, Niakwa Park, and Winnipeg as a whole, indicating a stable and fair market positioning. This isn't a standout in sheer size or modern luxury, but rather a grounded opportunity in a prime location. The home suits buyers looking for a manageable footprint with a great yard in a mature community—perfect for a small family, downsizers, or an investor seeking a character property with redevelopment potential on a large lot. A thoughtful perspective is that its "average" metrics across the board could be a strength, representing a lower-risk entry into the area without the premium price of a top-tier property on the street.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,158 sqft, the living area is below the average for both Cherokee Bay and the Niakwa Park area. This suggests the home may have a more compact or traditional layout compared to some neighbours, with the trade-off being a larger-than-average city lot.
2. Is the assessed value in line with the neighbourhood?
Yes. The $398k assessment is very close to the average value for homes on Cherokee Bay ($390k) and in Niakwa Park overall ($403k), indicating it is priced consistently within its market context.
3. What is the potential for expansion or redevelopment?
The 5,999 sqft lot is a key asset, as it is larger than many city-wide lots. This provides valuable outdoor space and could offer future potential for additions, a garden suite (subject to zoning), or landscaping projects that a smaller lot would not allow.
4. When was it last sold, and for how much?
Public records indicate it sold in July 2021. To protect privacy and ensure accuracy, exact sold prices are not published online. You can request the verified sale history directly via the email option provided on the listing page.
5. How does the age of the home factor in?
Built in 1955, it is typical for the neighbourhood. Buyers should anticipate the maintenance and potential update needs common to homes of this era, while also appreciating the character and established streetscape it contributes to.