Property Overview: 15 Willow Point Road, Niakwa Place
Section 1: Key Characteristics & Appeal
This well-situated home in Niakwa Place presents a compelling blend of space, value, and location. Built in 1970, it offers 1,504 sqft of living area on a generous 7,065 sqft lot. The data reveals its core appeal: it provides above-average interior space and a larger-than-typical city lot for its assessed value of $418k. Specifically, its living area ranks in the top 24% on its own street and top 30% city-wide, while the lot size is in the top 17% across Winnipeg. This suggests you get more physical space for your investment compared to many peers.
The appeal lies in this value-oriented spaciousness, ideal for buyers seeking room to grow, garden, or simply enjoy more privacy without moving to the city's outskirts. It suits practical buyers—perhaps young families needing room or downsizers wanting a single-level layout without sacrificing yard space—who prioritize square footage and land over a newer build date. A thoughtful perspective is that while the home is older than many on its street, its above-average metrics in key categories like size and lot suggest it was a substantial property for its time and may offer good "bones" and potential.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to recent sales?
The home sold in March 2024 for between $400k and $450k, which aligned closely with its $418k assessed value. This sale price ranked in the top 20-30% compared to similar local sales, indicating strong market reception.
2. Is the home older than others in the area?
Yes. Built in 1970, it is older than about three-quarters of the homes on Willow Point Road. However, it is roughly average for the wider Niakwa Place area and the city overall, being typical of Winnipeg's mature neighbourhoods.
3. What does the lot size mean for potential buyers?
At over 7,000 sqft, the lot is notably larger than the Winnipeg average. This is a key feature for buyers interested in outdoor living, gardening, adding a deck or shed, or simply having more distance from neighbours.
4. Are the sold prices and rankings here exact?
The sold price is shown as a range. The comparative rankings (e.g., top 24%) are based on verified assessed value and physical property data, providing a reliable comparison of fundamentals like size and value. For precise historical sale figures, you can request a manual lookup from the site.
5. What’s the neighbourhood context for this value?
The home’s assessed value is above average for its immediate street but slightly below the average for the broader Niakwa Place area. This can indicate a potentially more accessible entry point into a desirable neighbourhood while still offering the space benefits often found in higher-valued homes.