Property Overview: 160 Bluewater Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 160 Bluewater Crescent in Niakwa Place is a practical, mid-century bungalow built in 1971. Its key characteristic is its relative affordability within the city and neighbourhood, as reflected in its assessed value of $304,000, which sits below the area average. The living space (850 sq ft) and lot size (3,518 sq ft) are compact, placing it in the smaller third of homes locally. This isn't a sprawling property, but that is precisely where part of its appeal lies: it offers a manageable footprint with lower maintenance demands, both indoors and outdoors.
The appeal is grounded in value and simplicity. It suits first-time homebuyers seeking an entry point into a stable neighbourhood, downsizers looking to reduce space and upkeep, or pragmatic investors interested in a property with a lower tax assessment. A thoughtful perspective is that its "below average" size and value metrics, compared to the wider Niakwa Place area, could represent a lower barrier to entry into a community where many properties are larger and more expensive. Its sale history shows significant value appreciation between 2019 and 2023, suggesting it has been a solid asset in a rising market.
Section 2: Frequently Asked Questions
1. Is this a good value for the neighbourhood?
Based on assessed value, this home is priced below the Niakwa Place average, potentially offering a more affordable option in the area. However, you are getting less living and land space than typical for the neighbourhood.
2. What does the sale history tell us?
The home sold in 2019 for an estimated $200k-$250k and again in 2023 for an estimated $300k-$350k. This indicates strong appreciation over that four-year period, a factor to consider in the current market context.
3. Who is this home most suitable for?
It's best suited for those prioritizing location and affordability over space. First-time buyers, downsizers, or investors would find it most appropriate, given its manageable scale.
4. How does it compare to other homes on the street?
On Bluewater Crescent itself, the home's assessed value is around the street average, but its living area and lot size are below the street's average. This suggests you're paying primarily for the location and the structure, not for extensive square footage.
5. How can I get the exact past sale prices?
The exact sold prices are not publicly displayed on this site. You can request the full transaction history by emailing the provided contact, and they will manually send you the verified figures.