Property Overview: 234 Bluewater Crescent, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This 1,152 sqft bungalow, built in 1972, sits on a 3,848 sqft lot in the established Niakwa Place neighbourhood. Its core appeal lies in its position as a competitively priced entry point into a mature area. The home’s assessed value of $298,000 is notably below the neighbourhood average, suggesting potential value relative to the area. While the living space is modest and the lot size is smaller than many in Niakwa Place, this translates to lower maintenance and a manageable footprint.
The property’s data reveals a thoughtful perspective: it is a very average home on its own street, but becomes a more standout value proposition within the wider, typically higher-priced neighbourhood. This dynamic makes it particularly suited for first-time buyers, downsizers, or practical investors seeking a lower-cost foothold in a stable community without the burden of a large yard. Its last known sale was between $250,000-$300,000 in mid-2019.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value ($298k) is a key municipal benchmark for property taxes, market conditions ultimately determine sale price. Its value being below area averages can be attractive, but recent comparable sales and current market demand will set the final price.
2. How does the smaller lot size impact living here?
The lot is smaller than many in Niakwa Place, which means less outdoor maintenance—a plus for those seeking simplicity. However, it may offer less privacy or space for expansions like a large deck or addition compared to neighbours.
3. What should I consider about a home built in 1972?
Homes of this era may have original components, like windows, roofing, or plumbing, nearing the end of their service life. A thorough inspection is crucial to understand the condition of major systems and plan for any foreseeable updates.
4. How does this property compare to others on the street?
The data shows this home is quite typical for Bluewater Crescent in terms of size, age, and value. You’re not buying the biggest or newest house on the block, but you’re also not paying a premium for those features, ensuring neighbourhood consistency.
5. Where can I get verified historical sale data for this property?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures via email from the site provider, who will manually look up the verified records.