41 Bluewater Crescent

Property Overview

This home at 41 Bluewater Crescent in Winnipeg's Niakwa Place neighbourhood presents a compelling opportunity. Built in 1985, it stands out for its generous proportions, offering 1,604 sqft of living space on a large 8,176 sqft lot. With an assessed value of $499k, it positions itself above average for its street, area, and the wider city in terms of size, value, and modern build year.

Key Characteristics & Appeal

The primary appeal of this property lies in its space and established positioning. It offers significantly more living area and a larger lot than most comparable homes on its street and in Niakwa Place. This creates immediate value for buyers seeking room to grow, entertain, or enjoy outdoor privacy. The 1985 build year is notably newer than many homes in the area, suggesting potentially fewer concerns with aging infrastructure common in older builds.

Its appeal is grounded in tangible, above-average metrics rather than just listing descriptions. It suits buyers who prioritize lot size and interior space over a brand-new build, and who see value in a home that already ranks well against its peers. It would particularly suit a growing family needing room, or a buyer looking for a property with inherent "above-average" characteristics in a mature neighbourhood, possibly as a long-term hold.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows this home ranks in the top 20-30% on its street and in Niakwa Place for key metrics like living area, lot size, and assessed value. For example, its lot is over 2,500 sqft larger than the street average, and its living area is about 425 sqft larger than the area average.

2. What does the sold price history indicate?
Records show it sold between $450k-$500k in October 2021. This range placed it in the top 13% of sales on its street and top 19% in the area at that time, indicating a history of strong market performance relative to its neighbours.

3. Is the assessed value a reliable indicator of market value?
The $499k assessment is a strong benchmark for municipal taxation, but market value can differ. Its assessment is consistently above local averages, which is a positive sign of its perceived worth, but a current market appraisal is recommended for purchase decisions.

4. What are the less obvious points to consider?
A thoughtful perspective is that a home ranking highly in assessed value may also correspond with higher property taxes. Additionally, while a 1985 build is newer than many area homes, it is now 41 years old, so a thorough inspection of roof, windows, and major systems is prudent.

5. How can I verify the exact historical sold prices?
The provided data shows price ranges. To obtain the exact historical sale figures, you must request a manual lookup via email from the service, as they do not display MLS-sourced sold records on their website.