Property Overview: 10 Farnham Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 10 Farnham Road is a well-situated property in Winnipeg's Niakwa Place neighbourhood, built in 1971. With 972 square feet of living space, it offers a manageable footprint for efficient living. Its key appeal lies in its generous 6,472 square foot lot, which ranks above average city-wide, offering significant outdoor space and potential not always found with homes of this size. The assessed value of $368,000 is consistently around the average for its immediate street, the broader Niakwa Place area, and the city overall, suggesting a stable and fair market positioning.
The property would suit first-time buyers or downsizers looking for a solid, single-family home in an established neighbourhood without the upkeep of a larger house. The sizable lot is a standout feature for those who value garden space, privacy, or future expansion possibilities. Its recent sale history indicates steady market interest, making it a practical choice for value-conscious buyers seeking a grounded investment in a mature community.
Frequently Asked Questions
1. How does the home's size compare to others in the area?
At 972 sq ft, the living area is slightly below the average for the Niakwa Place neighbourhood, but is very typical for homes on Farnham Road itself. This suggests a cozy, efficient layout rather than an unusually small property for its specific location.
2. Is the assessed value in line with recent sale prices?
The current assessed value is $368,000. The home last sold in July 2023 for between $300,000 and $350,000. For exact historical sale figures, a manual lookup can be requested through the site.
3. What does the lot size mean for a potential buyer?
The lot of 6,472 sq ft is a notable asset, ranking above the city-wide average. This provides more yard space than many urban lots, which could be ideal for gardening, recreation, or future projects like a shed or deck.
4. How does the year built affect this property?
Built in 1971, this home is among the newer properties on its street. Buyers should anticipate maintenance and updates consistent with a home of this age, but it may have benefited from more modern construction standards than some older neighbours.
5. Are sold prices for nearby properties available for comparison?
Yes, the page lists nearby and similarly valued properties for reference. For fully verified, exact sold prices and a complete transaction history, a manual email request is required due to industry data regulations.