Property Overview: 9 Iroquois Bay, Niakwa Park, Winnipeg
Key Characteristics & Appeal
This is a 1,022 sqft bungalow built in 1958, situated on a 5,999 sqft lot in the established Niakwa Park neighbourhood. Its key appeal lies in its position as a more accessible entry point into a desirable area. With an assessed value of $340k, it sits below the average for both its street and neighbourhood, suggesting a relative value opportunity for the location. The lot size is generous and typical for the area, offering good outdoor space.
The home would suit first-time buyers or downsizers seeking the stability and mature landscapes of Niakwa Park without the premium price tag of larger, renovated homes on the street. It’s also a practical candidate for investors or handy buyers looking for a property with solid bones in a prime area, where value can be added over time through updates. A thoughtful perspective is that while the living area is compact compared to neighbours, this can translate to lower utility costs and less maintenance, focusing the lifestyle on the lot and location rather than the interior square footage.
Frequently Asked Questions
1. Is this the smallest house on the street?
Based on the data, at 1,022 sqft, it has the smallest living area among the 29 comparable homes on Iroquois Bay.
2. How does its value compare to the rest of Winnipeg?
City-wide, its $340k assessed value is around the average, but it is priced below the averages for both Niakwa Park and Iroquois Bay specifically, indicating you are paying less for the location than many neighbours.
3. What can the previous sale price tell us?
Records show it sold between $300k-$350k in July 2021. For the exact sale price, you can request a manual lookup via the site.
4. Is the house older than most in the area?
Built in 1958, it is actually newer than many homes in Niakwa Park, ranking in the top 12% for year built within the neighbourhood.
5. Where can I see how it compares to nearby homes?
You can use the provided link to open a detailed neighbourhood map analysis to visually compare this property’s year built, living area, value, and lot size with immediate neighbours.