Property Overview: 184 Bluewater Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 184 Bluewater Crescent is a practical, mid-century bungalow in Niakwa Place. Built in 1971, its key characteristic is its efficient, manageable scale. With 850 sqft of living space and a 3,520 sqft lot, it sits comfortably below the average size for both the neighbourhood and the city. This translates to lower maintenance demands for both the interior and exterior.
The primary appeal lies in its value proposition and entry-level positioning. With an assessed value of $308,000, it is notably more affordable than the average home in Niakwa Place ($446.8k), while being closer to the city-wide average. Recent sale data suggests a strong increase in value since its last sale in 2016, indicating a solid investment in a stable area. The home suits first-time buyers seeking an affordable foothold in a established neighbourhood, or downsizers looking for a low-maintenance property without leaving a desirable community. It also presents a strategic opportunity for investors or renovators, as the compact size and older vintage offer potential to modernize and add value relative to the area's higher-priced homes.
Section 2: Frequently Asked Questions
1. Is the house significantly smaller than its neighbours?
Yes. The living area is in the bottom 30% for the street and bottom 10% for the Niakwa Place area. This confirms it's a more compact home on a smaller lot, which is a key factor in its pricing.
2. How has the property's value changed over time?
Public data shows it sold for between $200k-$250k in 2016. Its most recent sale in 2024 was in the $300k-$350k range, indicating substantial appreciation over eight years.
3. Is the assessed value a reliable indicator of the market price?
The assessed value ($308k) is below the average for the street ($360k) and well below the area average. This can sometimes indicate room for market value growth, but it's essential to get current, verified sales data for accurate pricing.
4. What does the "below average" lot size mean for me?
The lot is smaller than most in Niakwa Place, which generally means less yard work and lower exterior maintenance costs. It may limit expansion possibilities but contributes to the home's manageable nature.
5. How can I get the exact past sale prices instead of ranges?
The site does not display MLS records. To obtain the exact historical sale figures, you must request them directly via email, and they will be provided manually.