Property Overview: 35 Abington Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This 1,280 sqft bungalow, built in 1980, presents a compelling case for value and practicality. Its primary appeal lies in its strong positioning within its immediate neighbourhood. On Abington Road itself, the home ranks in the top 7% for living area and is the newest house on the street, suggesting it is one of the more modern and spacious offerings in that specific locale. With an assessed value of $363K, it sits above the street average, yet remains notably below the average for the wider Niakwa Place area, indicating a potential value opportunity for the neighbourhood.
The property would suit first-time buyers or downsizers seeking a manageable, single-level layout in a stable area without a premium price tag. It also appeals to the value-conscious buyer who prioritizes the condition and space of the home itself over a large yard, as the lot size is compact compared to many in the city. A less obvious perspective is that its "above average" status on its own street but "around average" standing citywide offers a balance—it's a standout in its micro-market without being an outlier, which can provide stability.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($363K) is for municipal tax purposes and is a starting point. The home last sold between $300K-$350K in late 2020. Market conditions, property updates, and buyer demand will determine the final sale price.
2. How does the smaller lot size impact the property?
At 2,578 sqft, the lot is significantly smaller than the typical Winnipeg property. This means lower maintenance, but also limited space for expansions, large gardens, or privacy. It's a trade-off that emphasizes the home itself over outdoor space.
3. The home is noted as being "newer" on the street. What are the implications?
Being the newest house (built 1980) among comparable homes on Abington Road suggests potentially fewer major age-related issues, like outdated wiring or plumbing, compared to older neighbours. However, a 46-year-old home will still require thorough inspection for systems like the roof, windows, and furnace.
4. What does it mean that the home's value is below the Niakwa Place area average?
This suggests you may be able to access the Niakwa Place neighbourhood at a price point below its typical entry cost. It could be due to the smaller lot, specific location within the area, or the home's specific features. It's an opportunity to enter the area, but it's wise to understand what factors contribute to the lower assessment.
5. How can I find out the exact past sale prices?
The site provides sold price ranges for context. Due to industry regulations, exact MLS sale histories are not published here. You can request the exact figures via email from the site provider, or a licensed real estate agent can provide you with complete and verified transaction data.