Property Overview
102 Willow Point Road is a well-established home in Winnipeg's Niakwa Place neighbourhood. Built in 1971, it offers 1,204 square feet of living space on a 6,378 square foot lot, with a municipal assessed value of $385,000. The home presents a classic, low-maintenance footprint that fits comfortably within its established community.
Key Characteristics & Appeal
This property represents a solid, middle-of-the-road offering in its immediate area. Its living space and assessed value are consistently around the average for Willow Point Road and the wider Niakwa Place neighbourhood, suggesting it’s a typical home for the area without extreme outliers. A thoughtful perspective is that its lot size, while slightly below average for the street, is actually above average when compared city-wide, offering a decent outdoor space relative to many Winnipeg homes.
Its core appeal lies in its stability and predictability. It’s a known quantity in a mature neighbourhood, likely appealing to buyers seeking a straightforward, no-surprises home in a quiet setting. The home would suit first-time buyers looking for an entry point into a stable area, downsizers wanting a manageable property, or value-focused investors seeking a rental property with proven resale history. The data shows it has changed hands twice in recent years (2016 and 2023), indicating a steady, if not rapid, market activity.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold between $350,000 and $400,000 in November 2023. This sale price was around the middle of the pack compared to other sales on its street, in the area, and across the city at that time.
2. Is the lot size a disadvantage?
While the lot is slightly smaller than others on Willow Point Road, it is actually larger than the average city-wide lot. This means you get more outdoor space than many Winnipeg homes, but it may feel compact compared to some immediate neighbours.
3. What does the assessed value tell me?
The municipal assessed value of $385,000 is used for calculating property taxes. It is consistently slightly below the average assessed value for comparable homes on its street and in Niakwa Place, which may indicate a moderately lower tax burden or a valuation that leaves room for market appreciation.
4. The home was built in 1971. What should I consider?
As a home from the early 1970s, major components like the roof, windows, plumbing, and electrical systems may be at or beyond their typical lifespan. A thorough inspection is essential to understand the condition and any needed updates, which is a common consideration for homes of this era.
5. How can I get the exact past sale prices?
The exact sale prices are not publicly displayed due to industry regulations. You can request the full transaction history and exact figures by emailing the site directly. They will provide the information manually, typically by the end of the same day.