Property Overview: 1 Abington Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 1 Abington Road presents a compelling mix of above-average space and a newer build within its immediate neighbourhood context. Built in 1980, it is one of the newest homes on Abington Road, which can suggest updated building materials and systems compared to much of Winnipeg's housing stock. With 1,280 sqft of living area, it offers more interior space than most comparable homes on its street, ranking in the top 7%. The assessed value of $358k is also above the street average, indicating a perception of solid value relative to its closest peers.
The appeal here is nuanced. It suits a buyer looking for a well-sized home on a quiet street, who values being in a neighbourhood of mostly similar-era properties. The lot, while smaller than the broader area's average, is actually larger than most on Abington Road itself, offering a manageable yard with less maintenance. This profile fits first-time buyers or downsizers seeking a comfortable, established home without the unpredictability of a much older property. A thoughtful perspective is that while its value is above average for its street, it sits below the average for the wider Niakwa Place area, potentially offering a relative value entry point into the neighbourhood.
Frequently Asked Questions
1. How does the 1980 build year affect the home?
Being one of the newest on the street (top 3%) is generally positive, potentially meaning fewer concerns with outdated wiring, plumbing, or insulation found in older homes. However, a 46-year-old home will still require a thorough inspection, as major components like the roof, windows, or furnace may be nearing the end of their lifespan.
2. The lot seems smaller than the area average. Is that a concern?
The land area is 3,820 sqft. While this is below average for Niakwa Place and Winnipeg overall, it's actually above average for Abington Road itself. This translates to a lower-maintenance yard while still providing private outdoor space, which can be a benefit for many buyers.
3. What does the sold price history from 2017 tell us?
The home sold for between $250k-$300k in late 2017. This historical data provides a benchmark, but the current assessed value and market conditions have likely shifted significantly since then. It's a starting point for understanding past market activity, not a predictor of current value.
4. How reliable is this comparative data?
The rankings provide useful context by comparing the home to its immediate street, neighbourhood, and city. They help gauge how its key features stack up locally. However, they are based on assessed values and available metrics, not a substitute for a current market appraisal or a professional home inspection.
5. The assessed value is above the street average but below the neighbourhood average. What does that mean?
This suggests that Abington Road may be a more affordable pocket within the Niakwa Place area. You are getting a home with above-average size and value for its specific street, which could be a strategic purchase within a desirable broader neighbourhood.