Property Overview: 27 Fallbrook Bay, Niakwa Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 27 Fallbrook Bay is a well-situated property in the established Niakwa Place neighbourhood. Built in 1969, it stands out on its street as one of the newer homes, offering potential advantages in terms of building materials and systems for its era. With 1,014 sqft of living space, the house is more compact than many in the wider area, suggesting a manageable layout that prioritizes efficiency over sheer size. The assessed value of $386k is consistently around the average mark when compared to the street, the broader Niakwa Place area, and the city as a whole, indicating a stable and fair market positioning.
The appeal here lies in its balance and location. The lot size of 6,158 sqft is notably generous by city-wide standards, providing ample outdoor space rarely found with newer builds. This creates a valuable contrast: a home of modest interior size on a substantial lot. It would suit first-time buyers, downsizers, or practical investors looking for a solid entry into a mature neighbourhood without an oversized footprint to maintain. The property’s consistent "around average" valuation metrics suggest it is a typical, no-surprises offering in its context, which can be appealing for those seeking predictability and established community character over a cutting-edge or luxury purchase.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,014 sqft, the living area is below the average for both the Niakwa Place area and Winnipeg overall. This indicates a more compact, efficient layout compared to many detached homes, which can mean lower utility costs and less maintenance.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $386k is a municipal calculation for tax purposes. Notably, it sits very close to the average value for the street, the neighbourhood, and the city. This consistency suggests the property is not an outlier, but market conditions and the home’s specific condition will ultimately determine the sale price.
3. What does the lot size mean for potential buyers?
The lot of 6,158 sqft is a key feature. While it’s on the smaller side for Fallbrook Bay, it ranks in the top 28% city-wide. This means you get significantly more outdoor space than most Winnipeg properties, offering great potential for gardening, expansion, or outdoor living.
4. The home was built in 1969. What should I consider?
Being built in 1969 places it in the middle of the baby-boomer construction era. While it’s newer than many on its street, a home of this age will likely have had several updates. Key checks would be for original roofing, windows, plumbing, electrical systems, and insulation to understand any needed investments.
5. Where can I find verified past sale prices for this home?
The listing notes that exact sold price history is not displayed publicly due to industry rules. You can request the full transaction history and exact figures by emailing the site directly for a manual lookup, which they provide without using your email for marketing.