Property Overview: 176 Bluewater Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, well-established home in Niakwa Place, built in 1971. With 850 sqft of living space on a 3,519 sqft lot, it is notably compact compared to most homes on its street and in the wider area. This smaller scale is reflected in its assessed value of $287k, which sits below the averages for both the neighbourhood and the city.
The primary appeal lies in its position as an accessible entry point into a mature, stable community. For buyers, it represents a practical opportunity to secure a home in a sought-after area without the premium price tag of a larger property. It would suit first-time buyers, downsizers, or investors looking for a manageable, lower-maintenance property. A thoughtful perspective is that its smaller size and lot could translate to significantly lower utility and upkeep costs compared to neighbourhood averages, offering a different kind of value beyond just the purchase price. Its most recent recorded sale was between 2017-2022, suggesting potential for equity growth for a patient buyer.
Section 2: Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The assessed value is below the Niakwa Place average, which typically indicates a better price-per-location opportunity. However, this is relative to the home's smaller size and lot. Value depends on whether the condition and layout meet your needs for the price of entry into the area.
2. What does the smaller living area and lot mean for me?
It suggests a more efficient, likely easier-to-maintain home with lower heating and property upkeep costs. The trade-off is less space for growing families or extensive entertaining compared to most houses nearby.
3. How does the 1971 build year affect the home?
Being of average age for the street, major systems like roof, windows, or plumbing may be due for updates or may have been recently replaced. A thorough inspection is key to understanding the home's current condition and any imminent capital needs.
4. Why is there only a sold price range and not an exact figure?
The provided sold price data is sourced from public records, not the MLS. To receive the exact, verified sale history, you must request it directly via email from the site, as per the disclaimer notes.
5. The home ranks "below average" in many categories. Is that a concern?
Not necessarily. These rankings compare it directly to larger, often more valuable homes on the same street and area. They highlight its position as a more compact, affordable option within a desirable community, rather than indicating a problem with the property itself.