Property Overview: 2 Cherwell Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 2 Cherwell Road in Niakwa Place presents a compelling case for value and space. Built in 1972, it offers 1,062 sqft of living area on a notably generous 6,500 sqft lot. The data reveals its standout characteristic: it is a larger, higher-value home for its immediate street. Its assessed value ($392k) and living area are well above the average for Cherwell Road, suggesting it is one of the more substantial properties in that specific row.
Its appeal lies in this relative value and the potential of its large lot. For the price, you secure more indoor and outdoor space than most neighbors on the same street. However, it’s worth noting the home’s footprint is more modest compared to the broader Niakwa Place area average. This creates an interesting dynamic—a premium property on its block that is more average or slightly below average in the wider neighborhood context.
This property would suit a pragmatic buyer who values a larger yard and interior space within a specific, established area, without necessarily paying the premium for one of the largest homes in the entire subdivision. It’s also a sensible option for those who see potential in the lot size for gardening, expansion, or simply more private outdoor space.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $300k-$350k in early 2016. The current assessed value of $392k sits around the city-wide average, indicating market-aligned growth. For exact historical sale prices, a manual lookup can be requested.
2. Is the living space smaller than other homes in Niakwa Place?
Yes. At 1,062 sqft, it is below the Niakwa Place area average of about 1,490 sqft. Its size is more aligned with the city-wide average, making it a moderately sized home in a neighborhood that generally has larger ones.
3. What is the significance of the lot size?
The 6,500 sqft lot is a key feature. It is significantly larger than the average lot on Cherwell Road and above the city-wide average. This offers more outdoor space and potential than is typical, which is a strong offset to the home’s more average living area.
4. What does the "above average for the street" ranking mean for me?
It suggests that on Cherwell Road, this is considered one of the more substantial and valuable properties. This can be positive for pride of ownership and relative value, but property taxes are also likely among the highest on the block.
5. Are the sold prices shown here from the MLS?
No. The sold price data is compiled from public sources, not the MLS. For fully verified transaction history and exact sale figures, a separate manual lookup must be requested directly from the site.