Property Overview: 6 Pawnee Bay, Niakwa Park
This home presents a solid, middle-of-the-road offering in the established Niakwa Park neighbourhood. Built in 1956, its key metrics consistently show it to be an average or slightly above-average property within its immediate context, suggesting a home that is well-aligned with its surroundings rather than an outlier. With 1,260 sqft of living space and an assessed value of $408k, it fits comfortably within the norms for the street, area, and wider city.
The appeal lies in its balance and lot size. While the house itself is typical for the area, the 6,500 sqft land parcel stands out, ranking above average both for Niakwa Park and citywide. This offers valuable outdoor space and potential in a mature neighbourhood. Its last recorded sale was between $350k-$400k in mid-2021. This profile suits practical buyers looking for a grounded, no-surprises home in a stable area—someone who values a larger yard over a recently built or oversized house, and who appreciates a property that holds its value in line with community averages.
Frequently Asked Questions
How does this home’s value compare to its neighbours?
The assessed value of $408k is almost identical to the street average ($408.6k) and slightly above the city average. This indicates the property is valued consistently with the market, neither under nor over-valued compared to direct peers.
Is the lot size a significant feature?
Yes. While many features are average, the 6,500 sqft lot is a relative strength. It places in the top 30% within Niakwa Park, offering more private outdoor space than many comparable homes in the city.
What does the year built (1956) imply for a buyer?
As a home from the mid-50s, major systems (roof, wiring, plumbing) may be due for updates or have been partially renovated. It’s wise to investigate the condition and age of these components, as the house’s age is typical for the neighbourhood but does carry inherent maintenance considerations.
The last sold price range seems lower than the current assessed value. Why?
The home sold for between $350k-$400k in May 2021. Assessed values for taxation and market values can differ, and the real estate market has experienced changes since that sale. The assessment suggests the municipality views its value as having increased or stabilized since that last transaction.
Are the provided rankings useful for decision-making?
They offer helpful context. They show this isn't a "fixer-upper" lagging behind the area nor a standout luxury property. Instead, it's a stable, representative home in Niakwa Park, which can be reassuring for buyers seeking neighbourhood conformity and predictable value retention.