Property Overview: 126 Bluewater Crescent, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This is a well-established, mid-century home in the Niakwa Place neighbourhood, built in 1972. With 1,152 sqft of living space, it offers a practical layout for everyday living. The home’s primary appeal lies in its position as a competitively priced entry point into a mature, stable area. Its assessed value of $293,000 is notably below the averages for both the wider neighbourhood and the city, suggesting potential value for a buyer comfortable with a home from this era.
The lot size of 3,849 sqft is smaller than most in the area, which can be seen as a benefit for those seeking lower maintenance without sacrificing private outdoor space. The home last sold in 2016, indicating a stable ownership period.
This property would suit first-time buyers or downsizers looking for an affordable foothold in a quiet, established community. It’s a practical choice for those who prioritize location and value over modern finishes or expansive square footage, and who are prepared for the maintenance or updates typical of a home over 50 years old.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
While not a direct prediction, the assessed value is a strong benchmark. This home’s assessment is significantly lower than area averages, which often indicates a more accessible price point, but the final sale price will depend on market conditions, the home’s interior condition, and buyer demand.
2. What does the smaller lot size mean for me?
Compared to other properties in Niakwa Place, the lot is more manageable. This typically means less time and cost spent on yard maintenance, which can be a significant advantage. It may also mean less privacy from neighbours than on larger lots in the area.
3. The home was built in 1972. What should I be aware of?
Homes from this period may have original components nearing the end of their service life, such as the roof, windows, or major mechanical systems (furnace, electrical). A thorough home inspection is essential to understand the condition and plan for any necessary updates or repairs.
4. How does this property compare to others on the same street?
The data shows it is quite average for Bluewater Crescent in terms of living area, age, and value. Its lot size is slightly below the street average. This suggests it fits right into the street’s character, offering a typical experience for the immediate block without standing out as unusually large or small.
5. Can I get the exact price it last sold for in 2016?
The public data shows a sold price range of CA$200k–250k. For the exact historical sale figure, you must request a manual lookup from the site via email, as they do not display MLS sold records directly on the page.