Property Overview
18 Pine Bluff Road is a well-situated home in Winnipeg's Niakwa Place neighbourhood. Built in 1969, it offers 1,269 square feet of living space on a 6,269 square foot lot, with a municipal assessed value of $395,000. Recent sales data indicates it sold in late 2024 for an estimated $450,000–$500,000.
Key Characteristics, Appeal & Ideal Buyer
This home presents a compelling case for its consistency and established location. Its key appeal lies in being a solid, middle-of-the-road property in its immediate area—neither the largest nor the most expensive on its street or in Niakwa Place. This translates to a manageable scale and a value that is competitive within a desirable community. A thoughtful perspective is that, while the lot size is slightly below average for the street, it ranks above average city-wide, suggesting the property benefits from a more spacious setting than many Winnipeg homes.
The 1969 build year is a standout feature; it's the newest home on Pine Bluff Road, which could mean fewer immediate concerns about aging major systems compared to neighbours. The home suits practical buyers looking for a move-in-ready foundation in a mature neighbourhood—perhaps young families or professionals seeking stability without the premium price of a newer or maximized lot. Its history shows significant equity growth since its last sale in 2016, indicating a reliable investment in a stable area.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value of $395,000 is very close to the street average ($402k) and slightly below the Niakwa Place area average. Its recent sale price, however, placed it in the top 8% of sales on its street, suggesting buyers paid a premium for its condition, updates, or the fact it's the newest build on the block.
2. Is the lot size a disadvantage?
While the lot is smaller than most on Pine Bluff Road, it is actually larger than the typical Winnipeg lot. This means you still get a generous yard by city standards, just not the largest on the street. It can be an advantage for those seeking less maintenance.
3. What does the "newest on the street" status (1969) actually mean?
Being built in 1969 makes it the most recently constructed home among the 33 comparable properties on Pine Bluff Road. In practical terms, this could imply newer wiring, plumbing, or foundational materials than neighbours, potentially reducing near-term renovation needs.
4. How has the property’s value changed over time?
The home sold for an estimated $300,000–$350,000 in 2016. The 2024 sale price range of $450,000–$500,000 represents substantial appreciation, consistently outperforming broader area and city-wide averages in that period.
5. Where can I get verified, exact sold price data for this home?
The site provides estimated sale price ranges. Due to industry regulations, exact MLS sold prices are not displayed publicly. You can request the exact figures via email from the site provider, who will manually look up and send the verified transaction history.