Property Overview: 14 Cherokee Bay, Niakwa Park
Key Characteristics & Appeal
This home at 14 Cherokee Bay is a well-situated, mid-century property in the established Niakwa Park neighbourhood. Built in 1955, it offers 1,240 sqft of living space on a 5,999 sqft lot, placing it squarely in the average range for size both on its street and in the wider area. The primary standout is its assessed value of $432k, which ranks above average for its immediate street (top 16%) and neighbourhood (top 24%), suggesting it is perceived as a higher-quality home within its local context.
Its appeal lies in its established, stable setting. The data indicates you are purchasing a home that holds its value well compared to its direct peers, which can be a sign of good upkeep, a desirable location on the block, or favourable lot attributes. It suits a buyer looking for a character home in a mature neighbourhood, who values consistency over novelty and appreciates a property that stands slightly above its immediate comparables in official assessment. It’s a practical choice for those who want space both indoors and out without an overly massive footprint, and who are comfortable with the maintenance considerations of a 71-year-old home.
Frequently Asked Questions
1. What does an "above average" assessed value really indicate?
It means the municipal property assessment for this home is higher than most comparable homes on its street and in Niakwa Park. This can reflect factors like renovations, premium finishes, or a particularly advantageous lot placement. It's important to note this is for assessment value, not necessarily market price.
2. How does the lot size compare?
At just under 6,000 sqft, the lot is slightly smaller than the average for Cherokee Bay and Niakwa Park, but is still larger than the average lot city-wide. It offers ample outdoor space while potentially requiring less maintenance than larger lots in the area.
3. Is the sold price history available?
The last recorded sale was in June 2020, with a price between CA$350k and $400k. To protect privacy and comply with industry rules, exact sold prices are not published online. You can request the full, verified transaction history by emailing the site directly for a manual lookup.
4. What might "around average" for year built mean for a buyer?
Built in 1955, this home is typical for its area. This means neighbourhood character is consistent, and local tradespeople are likely very familiar with homes of this era and construction style. It also implies that major systems (roof, wiring, plumbing) may be of similar age and could be due for updates if not already modernized.
5. How can I compare this home to its direct neighbours?
You can use the provided neighbourhood analysis map to see 14 Cherokee Bay in direct visual comparison to nearby houses, evaluating differences in year built, living area, assessed value, and lot size side-by-side.