Property Overview: 3-66 Willowlake Crescent, Niakwa Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 3-66 Willowlake Crescent presents a solid, value-oriented opportunity in Winnipeg's Niakwa Place neighbourhood. Its key appeal lies in its balanced positioning. With 1,326 sqft of living space and an assessed value of $346k, it sits comfortably in the middle range for its immediate street and area, meaning you're not overpaying for the location. However, its value becomes more pronounced when viewed city-wide, where both its size and assessed value rank within the top 20% of all homes, suggesting you get more house for your money compared to the Winnipeg average.
A less obvious but significant advantage is the home's relative age. Built in 2001, it is one of the newest homes on its street and in Niakwa Place, ranking in the top 3%. This implies potentially fewer immediate concerns with major aging components compared to older neighbours, offering a modern foundation in an established area.
This property would suit pragmatic first-time buyers or downsizers seeking a manageable-sized home without the premium of a brand-new build. It’s also a sensible fit for value-focused investors or homeowners who prioritize a city-wide value advantage over having the largest house on the block, preferring a lower property tax base derived from its assessment.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is around the average for Willowlake Crescent and the Niakwa Place area. This suggests it is priced consistently with its direct community, not standing out as unusually high or low.
2. What does the "elite" ranking for year built mean?
This indicates 3-66 Willowlake Crescent is one of the newest properties in its immediate vicinity. Built in 2001, it is newer than most comparable homes on its street and in the neighbourhood, which may be advantageous for systems like roofing, windows, and major mechanicals.
3. Is the sold price data available?
Exact historical sold prices are not displayed publicly on the site. The listing indicates a past sale between $300k-$350k in September 2021. You can request the exact sold price history by email for verification.
4. Who would this home not be ideal for?
Buyers seeking a large, expansive family home may find the living area slightly below the current average for Niakwa Place. Those looking for a standout "top-tier" property on their specific street in terms of size or assessed value might also consider other options.
5. What is the biggest takeaway from the city-wide comparisons?
While the home is average in its micro-location, it ranks well above average across Winnipeg. This highlights a key perspective: you are acquiring a property that offers more space and a higher assessment bracket than most of the city, while paying a rate aligned with your local area.