Property Overview: 10 Royal Salinger Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home presents a compelling opportunity centered on its generous lot and established location. Built in 1972, its standout feature is the 9,116 sqft land area, which ranks in the top 7% on its own street and the top 8% city-wide, offering significant outdoor space uncommon in many newer subdivisions. With 1,592 sqft of living area, the home provides above-average space compared to the wider city and its immediate Niakwa Place area. Its assessed value of $471,000 sits consistently above average across all comparison levels—street, neighborhood, and city—indicating a solid valuation foundation.
The appeal lies in this combination of a large, private lot within a mature neighborhood. It suits buyers looking for room to garden, play, or potentially expand, who value the character and established greenery of an older area like Niakwa Place over a brand-new build. The data suggests it’s a property that offers more land than typical, which is a permanent, appreciating asset, while the house itself represents a functional canvas that a buyer could update over time. It would particularly suit a family seeking space, a buyer with renovation or landscaping vision, or someone looking for a property where the land itself is a primary driver of long-term value.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $400,000 and $450,000 in October 2024. This final sale price came in below its $471,000 assessed value, which is an important point for buyers to discuss with their agent to understand current market dynamics versus municipal assessment.
2. Is the house the newest on the street?
Yes. With a 1972 build year, it ranks #1 out of 61 comparable homes on Royal Salinger Road, making it one of the newest houses on the street. This is a less obvious advantage, potentially meaning major components like the roof or foundation may be slightly younger than many neighbors'.
3. What does the "above average" ranking for land area actually mean?
The lot size of 9,116 sqft is substantially larger than the averages for the street (7,317 sqft), the Niakwa Place area (7,173 sqft), and the entire city (6,570 sqft). You are getting a lot that is in the top 14% of the neighborhood and top 8% in Winnipeg for size.
4. Are the sold price and assessment data reliable?
The data is sourced from public records and is considered reasonably reliable, but it is not from the MLS. For fully verified, exact transaction history and sale prices, you must request a manual lookup from the site via email, as MLS rules prevent displaying that data directly.
5. What type of immediate investment might be expected?
Given it's a 54-year-old home, buyers should budget for updates consistent with its age. The appeal is in the land and location, so the condition and style of the interior may require modernization. A thorough inspection is essential to prioritize any major system updates.