215 Bluewater Crescent

Property Overview: 215 Bluewater Crescent, Winnipeg

Key Characteristics & Appeal

This home at 215 Bluewater Crescent in Niakwa Place is a practical, entry-level property built in 1972. Its primary appeal lies in its relative affordability within a mature neighbourhood, as evidenced by its assessed value of $291k, which sits below the area average. With 850 sqft of living space and a 4,189 sqft lot, it is a compact property, ranking below average in size both for its immediate street and the wider city. This positions it not as a sprawling family home, but as a efficient, manageable space.

The data suggests a property that has seen significant appreciation, having sold previously in 2016 for between $200k-$250k. Its most recent sale in mid-2024 for $300k-$350k indicates strong market interest. This home would suit first-time buyers, downsizers, or investors looking for a lower-priced point in a stable Winnipeg neighbourhood. Its smaller scale means lower utility costs and less maintenance, which is a key, less-obvious benefit. The value proposition is clear: you are purchasing location and land in Niakwa Place, with the home itself representing a solid foundation for future updates or a low-maintenance lifestyle.

Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The assessed value is notably below the Niakwa Place average ($446.8k), suggesting a more accessible entry point into the area. The recent sale price, however, shows the market is willing to pay a premium above the assessment.

2. What does the "below average" living area mean for daily life?
At 850 sqft, the home is cozy. It likely features two bedrooms and one bathroom, suitable for a small household. The efficient layout is a trade-off for the lower price and operating costs.

3. How does the lot size compare, and what are the implications?
The lot is smaller than many in the area. This means less yard maintenance but also less private outdoor space. It’s a practical size for a patio or small garden.

4. The home was built in 1972. What should I consider?
Homes of this age may have original components like windows, roofing, or major systems (furnace, electrical) that are nearing or past their typical lifespan. A thorough inspection is advised to budget for potential updates.

5. Can I get the exact historical sale prices?
The site provides sold price ranges. To obtain the exact figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.