Property Overview: 59 Gleneagles Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 59 Gleneagles Road presents a compelling mix of established neighbourhood value and above-average investment in its immediate surroundings. Built in 1971, it is a quintessential example of a well-maintained property in a mature, stable area. Its primary appeal lies in its strong positioning relative to its own street and the wider city.
The 1,272 sqft living area is notably above average for Gleneagles Road, ranking in the top 11% of 38 homes on the street. This suggests a home that offers more interior space than many of its direct neighbours. Similarly, its $435k assessed value ranks in the top 8% on the street, indicating it is perceived as a higher-value property within its specific block. Interestingly, while the 6,265 sqft lot is smaller than others on Gleneagles Road, it is still above average when compared to the entire city, offering a manageable yard with less maintenance.
This property would suit buyers looking for a move-in ready home in a quiet, established neighbourhood without paying a premium for a massive lot. It’s ideal for those who prioritize interior space and perceived value on their specific street over having the largest yard on the block. The recent sale in early 2024 (between $400k-$450k) also provides clear, current market context for value-conscious buyers.
Frequently Asked Questions
1. How does this home’s value compare to the rest of the city?
Its assessed value of $435k is above the city-wide average for comparable homes ($390.1k), placing it in the top 31% city-wide. This indicates it is considered a higher-value property not just on its street, but across Winnipeg.
2. Is the lot size a disadvantage?
While the lot is smaller than the average on Gleneagles Road, it is actually larger than the average lot city-wide. This means you get a manageable yard that requires less upkeep than a larger property, which can be an advantage for many homeowners.
3. What does the “above average” living area ranking mean for this street?
Ranking 4th out of 38 homes for living area means this home offers more interior space than most houses directly around it. For the neighbourhood, it’s about average, but on its specific street, it stands out as a more spacious option.
4. The home was sold in April 2024. Why is that relevant?
A very recent sale provides a transparent and current benchmark for the home’s market value, which was between $400,000 and $450,000. This recent transaction offers a solid reference point, reducing guesswork about its worth in today’s market.
5. How can I get the exact historical sold prices for this property?
The exact sold prices are not publicly displayed due to industry data rules. You can request the full transaction history and exact figures by emailing the site directly. They will provide the information manually, typically by the end of the same day.