Property Overview: 12 Cherokee Bay, Niakwa Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Niakwa Park presents a solid, mid-century foundation with notable space efficiency. Built in 1956, its 1,274 sqft living area is notably above average for its immediate street, offering more interior space than many of its direct neighbours. The lot size of approximately 6,000 sqft is generous by city-wide standards, providing ample outdoor space. With an assessed value of $412,000, it sits comfortably within the mid-range for the area, reflecting a stable and established neighbourhood value.
The appeal lies in its position within a mature, consistent community. The home is not an outlier but a well-placed property within its context, offering reliable space on a good-sized lot. It would particularly suit pragmatic buyers—perhaps young families or downsizers—who value neighbourhood character over a brand-new build. It’s a property for someone who sees potential in a home that is larger than others on the block and appreciates the established gardens and tree-lined streets of Niakwa Park. A thoughtful perspective is that its "above average" living area for the street suggests a home that may have been well-maintained or thoughtfully expanded over time, offering a relative value within its micro-market.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area of 1,274 sqft is larger than most homes on Cherokee Bay itself, ranking in the top 13% on the street. Compared to the wider Niakwa Park area and the city, it is comfortably around the average.
2. What is the neighbourhood like for property values?
The assessed value of $412,000 is very typical for both the street and the Niakwa Park area, indicating a stable market without extreme highs or lows. It suggests a predictable investment environment.
3. The home was built in 1956. What should I consider?
While the build year is typical for the area, a home of this age will likely have had updates over time. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the roof, which may be due for maintenance or modernization.
4. How does the lot size compare?
At just under 6,000 sqft, the lot is slightly smaller than the average for Niakwa Park but is actually larger than the typical lot city-wide. It provides a substantial backyard space for a property in this category.
5. Where can I find verified past sale prices for this home?
The site notes that exact sold price data is not displayed publicly due to industry rules. You can request the full transaction history and exact figures by emailing the site directly for a manual lookup.