Property Summary: 21 Culloden Road, Niakwa Place, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,200 sqft bungalow, built in 1979, presents a specific and practical value proposition in the Niakwa Place neighbourhood. Its key appeal lies in its efficient use of space and its position as a more affordable entry point into a mature area. The home offers above-average living space for its immediate street and is newer than many houses in the broader neighbourhood, suggesting potentially fewer immediate age-related concerns than older counterparts.
However, its value is nuanced. The assessed value of $280k is notably below average for both Niakwa Place and the city overall. This creates a compelling opportunity for budget-conscious buyers seeking a home in a settled area without the premium price tag of larger lots. The lot size is compact at just over 3,000 sqft, which means lower maintenance but less private outdoor space—a trade-off that suits those looking to minimize yard work.
This property would best suit first-time buyers or downsizers who prioritize interior space and a manageable property over a large yard. It’s a pragmatic choice for someone seeking the stability of a well-established neighbourhood like Niakwa Place, but who is working within a defined budget and values a home that is relatively modern within its context.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbourhood average?
The assessed value is influenced by multiple factors, with lot size being a significant one here. This home sits on a much smaller lot than is typical for Niakwa Place, which substantially affects its valuation compared to neighbouring properties.
2. What does the sold price history indicate?
The home sold between $300k-$350k in early 2022. This sale price range, which was above the current assessed value but still in the lower tiers for the area, reinforces its role as a more accessible option in the neighbourhood.
3. Is the smaller lot a major disadvantage?
It depends on your lifestyle. A smaller lot means less yard maintenance and lower property taxes, but also less room for expansion, gardening, or private outdoor recreation. For those seeking low-maintenance living, it can be an advantage.
4. How does the living space compare practically?
At 1,200 sqft, it offers more interior space than most homes on its street but is slightly below the city average. It’s a comfortable size for a small family or couple, but the layout and room sizes should be verified during a viewing to ensure it meets specific needs.
5. Where can I get verified sale history and exact figures?
The provided data is compiled from public records. For fully verified transaction history and exact sale prices, you must request a manual lookup from the site via email, as they do not display MLS-sourced sold records.