Property Overview: 94 Royal Salinger Road, Niakwa Place
Key Characteristics & Appeal
This home presents a compelling value proposition centered on space and established value. Built in 1968, it offers generous proportions with 2,106 sqft of living area, placing it in the top 15% for size within the Niakwa Place neighbourhood and the top 8% city-wide. The lot is a substantial 6,923 sqft, providing ample outdoor space that is above average compared to the wider Winnipeg market. With an assessed value of $544,000, the property sits in a higher value tier for its immediate street and area, indicating it is perceived as a premium home in its context. Recent sale history shows strong, competitive pricing in the market.
Its appeal lies in offering more interior and land space than most comparable homes, both locally and across the city, making it a standout for buyers prioritizing room. It suits those looking for an established, spacious property in a mature neighbourhood who appreciate a home with a track record of holding above-average value. A thoughtful perspective is that while the home is older than many in Niakwa Place, its size and lot offer redevelopment or renovation potential that newer, denser subdivisions often cannot match.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold in early 2023 in the $550k-$600k range, a price that was in the top 5% of sales for Royal Salinger Road at that time, indicating a premium transaction.
2. Is the assessed value a reliable indicator of the likely listing price?
The assessed value ($544k) is a municipal valuation for tax purposes. Notably, it is significantly higher than the average for both the street and neighbourhood, suggesting the home has features the city assesses as valuable. However, market conditions ultimately determine sale price.
3. The home was built in 1968. How does that compare to the area?
This home is older than the average home in Niakwa Place, where many properties are newer. However, it is very close to the average age for its specific street and is actually slightly newer than the city-wide average for Winnipeg homes.
4. What does the ranking data for living area actually mean?
The rankings show this home is larger than most others used for comparison. For example, being in the "top 13%" on its street means 87% of comparable homes on Royal Salinger Road are smaller. This pattern holds true across the neighbourhood and city.
5. How can I find out the exact historical sold prices?
The site provides sold price ranges for context. To obtain verified, exact sale figures, you must request a manual lookup via email, as this information is not sourced from or displayed via the MLS system due to industry regulations.