Property Overview: 26 Pine Bluff Road, Niakwa Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 26 Pine Bluff Road is a well-situated property in Winnipeg's Niakwa Place neighbourhood, presenting a practical opportunity for specific buyers. Built in 1969, it is notably one of the newer homes on its street, offering potential advantages in terms of foundational systems and layout modernizations compared to immediate neighbours.
With 1,157 sqft of living space, the interior is more compact than many homes on Pine Bluff Road and in the wider area, suggesting a manageable footprint. This is paired with a 6,380 sqft lot that is above average in size city-wide, providing a valuable balance of a modest home on a generous piece of land. The assessed value of $386k positions it as a relatively accessible entry point into the neighbourhood, sitting below the street average but aligning closely with the city-wide benchmark.
The appeal here lies in this efficient ratio of house to land. It suits buyers looking for a established neighbourhood without the upkeep of a very large home, where the yard space offers room for gardens, recreation, or future expansion. It’s a practical fit for first-time homeowners, downsizers, or investors seeking a property where the land itself represents a significant portion of the asset's value. A thoughtful perspective is that its "below average" size and value on its own street could represent a value opportunity in a desirable area, allowing for equity growth through thoughtful updates over time.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,157 sqft, the living area is more compact than the average home on Pine Bluff Road and in Niakwa Place. However, it is very close to the city-wide average, offering a manageable layout.
2. Is the lot size typical for the area?
The 6,380 sqft lot is fairly standard for both the street and Niakwa Place. On a city-wide scale, it is considered above average, offering more outdoor space than many Winnipeg properties.
3. What does the assessed value indicate?
The $386,000 assessment is below the average for the immediate street and the Niakwa Place area, but aligns closely with the city-wide average. This often reflects the home’s smaller size and can represent a competitive price point for the neighbourhood.
4. How old is the home, and what does that mean?
Built in 1969, the home is 57 years old. Notably, it is one of the newest houses on Pine Bluff Road. While it will still require attention common to homes of its era, it may have benefited from some newer construction standards compared to its neighbours.
5. Where can I find verified historical sale prices?
The provided data shows a past sale between $350k-$400k in August 2022. For fully verified and exact transaction history, you must request a manual lookup via email, as this site does not display proprietary MLS sold records.