Property Overview: 103 Bluewater Crescent, Winnipeg
Key Characteristics & Appeal
This home at 103 Bluewater Crescent stands out in the Niakwa Place neighbourhood for its substantial lot size and modern build relative to its surroundings. The nearly one-third-acre property (13,337 sq ft) is notably larger than most, ranking in the top 3-4% of lots on its street, in the area, and city-wide. Built in 1999, it is significantly newer than the typical area home, placing it in the top 2% for age on its street.
With 1,587 sq ft of living space, the house is comfortably above average in size. Its current assessed value of $611k reflects its premium positioning, ranking in the top 6-14% across comparison groups. Historical sales data shows strong appreciation, last selling between $650k-$700k in mid-2024.
The primary appeal lies in the rare combination of a large, private lot with a relatively modern home in an established neighbourhood. It suits buyers looking for ample outdoor space for gardening, recreation, or future expansion, without the maintenance concerns of a much older property. It would also attract those seeking a home with above-average equity and value metrics compared to its peers, suggesting a well-regarded location and property.
Frequently Asked Questions
1. How does the lot size compare practically?
At over 13,000 sq ft, the lot is more than double the street average. This provides significant privacy and space for additions like a large shed, pool, or extensive landscaping that wouldn't be feasible on a standard lot.
2. What does the "Elite" ranking for year built mean for maintenance?
Built in 1999, the home is 23+ years newer than many neighbours. This likely means more modern wiring, plumbing, windows, and major systems, potentially reducing near-term capital repair costs compared to the area's predominantly 1970s-era homes.
3. The assessed value seems high for the area. Why?
The assessment ($611k) ranks in the top 6% on the street, reflecting the premium for the large lot and newer construction. It's important to note that assessed value is for tax purposes; the 2024 sale price of $650k-$700k is the more current market indicator.
4. Are the sold price figures exact?
The site provides sold price ranges in $50k bands. To obtain the exact historical sale prices, you must request them directly via email from the site provider, as they do not publish MLS data.
5. What is the neighbourhood analysis page?
This is a suggested tool to view the property on a map alongside nearby homes, allowing for a direct visual comparison of year built, lot size, living area, and assessed value with its immediate neighbours.