Property Overview: 91 Fallbrook Bay, Winnipeg
Key Characteristics & Appeal
This home at 91 Fallbrook Bay in Niakwa Place is a property defined by its established neighbourhood and lot size. Built in 1969, it is one of the older homes on its street, which may appeal to those who appreciate mature character and landscaping. With 1,040 sqft of living space, the house is more compact than many in the wider area, but it sits on a 6,539 sqft lot that is notably larger than the Winnipeg city average. This presents a classic trade-off: a modest-sized home on a generous, private parcel of land.
Its appeal lies in this potential for outdoor space and privacy within the city, coupled with an assessed value that is below average for both the street and the Niakwa Place area. This positioning suggests it could be a relative value proposition for a buyer willing to invest in updates or expansions. The property would suit a practical buyer—perhaps a first-time homeowner, a downsizer, or an investor—who sees value in the land and location over immediate move-in finish, and who is prepared for the maintenance or modernization that a home of this age typically requires.
Frequently Asked Questions
1. Is the below-average assessed value a good sign?
It can be. A lower assessment relative to neighbours often indicates a lower property tax bill. However, it may also reflect the home’s age, smaller living area, or a need for updates compared to nearby properties. It’s a starting point for value, but not a direct marker of market selling price.
2. What does the lot size mean for me?
At over 6,500 sqft, the lot is a standout feature city-wide. It offers ample room for gardening, recreation, potential additions like a garage or workshop, or simply more privacy than newer, denser subdivisions provide.
3. The home is older than most on the street. Should I be concerned?
An older home (1969) in a neighbourhood of similar-aged properties means major systems like roof, windows, plumbing, and electrical are likely at or beyond their typical lifespan. A thorough inspection is essential, but this age also often comes with solid construction and mature trees.
4. How does the living area compare to modern needs?
At 1,040 sqft, the living space is efficient. It’s suitable for a small family, a couple, or a single person. Buyers should consider if the layout and room sizes work for their lifestyle, as the value here is weighted more toward the land than the square footage of the home itself.
5. Can I find out what it last sold for?
The listed sold price data is an estimate from public records. For fully verified, exact historical sale figures, you must request a manual lookup from the site via email, as they do not have access to MLS sales history.