Property Overview: 9 Mohawk Bay, Niakwa Park, Winnipeg
Key Characteristics & Appeal
This is a well-established, mid-century bungalow in the desirable Niakwa Park neighbourhood. Built in 1955, the home offers 1,158 sqft of living space on a generous, near-6,000 sqft lot. Its assessed value of $380k sits comfortably around the average for both the wider city and the local area, presenting a grounded entry point into a mature community known for its quiet, leafy streets.
The primary appeal lies in its location and lot. Niakwa Park is a sought-after neighbourhood, and while this home's living space is modest compared to some on its own street, it occupies a solid parcel of land. This creates a classic scenario: you are investing in the neighbourhood's enduring value and the property's underlying potential. The home suits a practical buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values location over immediate grandeur. It’s a property for someone who sees a solid foundation, appreciates the character of a 1950s build, and may view the smaller interior footprint as a manageable project or a cozy fit, with the lot size offering future possibilities like gardening, expansion, or simply ample private outdoor space.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,158 sqft, the living area is below the average for both Mohawk Bay and the wider Niakwa Park area. This suggests a cozier or more efficiently designed floor plan compared to some neighbouring homes, which may appeal to those seeking lower maintenance without sacrificing location.
2. Is the assessed value in line with recent sale prices?
The home last sold in July 2023 for an estimated $400k-$450k. Its current $380k assessment is slightly below that range, which is not uncommon. For exact historical sale figures, a manual lookup through the site is required.
3. What does the lot size mean for me?
At 5,998 sqft, the lot is below average for the immediate street and neighbourhood but is still a substantial size city-wide. It offers significant outdoor space for recreation, gardening, or future projects, which is a key asset even if some direct neighbours have larger parcels.
4. What should I consider about a home built in 1955?
A home of this age is part of the classic fabric of Niakwa Park. It likely has good bones and character, but a thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation, and to plan for any modern updates desired.
5. How does this property rank in the broader market?
The data shows a mixed picture: while its living area and lot size rank lower on its specific street, its assessed value and age are much more aligned with area and city-wide averages. This indicates you are purchasing a property that is typical for Winnipeg overall but sits on the more modest end within a premium neighbourhood.