Property Overview: 26 Bluewater Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This 875 sqft bungalow, built in 1971, sits on a 3,660 sqft lot in Niakwa Place. Its primary appeal lies in its relative affordability and manageable scale within a well-established neighbourhood. With an assessed value of $302,000, it presents a lower-than-average entry point for the area, where typical home values are significantly higher. This creates a value proposition for a specific buyer.
The home’s characteristics suggest it is best suited for first-time buyers, downsizers, or practical investors seeking a lower-maintenance property. Its smaller living area and lot size translate to less upkeep and lower utility costs, which can be a deliberate choice over larger, more burdensome homes. A thoughtful perspective is that this property isn't competing with the largest homes on the block; instead, it offers a chance to live in a desirable area by prioritizing financial efficiency and simplicity over square footage. It’s a home for those who value location and community amenities over expansive private space.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the average for the immediate Niakwa Place area, but ranks closer to the Winnipeg city-wide average. This indicates you are paying a premium for the neighbourhood, but a reduced one compared to most properties on the street.
2. Is the house unusually small for the area?
Yes. The living area is notably smaller than most homes in Niakwa Place, ranking in the bottom 10% for the neighbourhood. However, it is closer to the average size for the specific street, Bluewater Crescent.
3. What can the past sale price tell me?
The property last sold between $250,000-$300,000 in September 2020. This historical data suggests the assessed value has risen, but for precise figures and a full history, you must request a manual lookup from the site.
4. Is the lot size a limitation?
The lot is smaller than most in the wider area, which limits expansive landscaping or additions but also reduces yard maintenance. It is more in line with the average for the street itself.
5. How updated is a home built in 1971?
The listing does not specify renovation history. A home of this age likely requires a thorough inspection to assess the condition of major systems like roof, wiring, plumbing, and windows, which may need updating or are due for replacement.