Property Overview: 103 Fallbrook Bay, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This is a well-established, mid-century home built in 1969, situated on a generous 6,370 sqft lot in the Niakwa Place neighborhood. With 1,158 sqft of living space and an assessed value of $357k, it presents as a solid, average-sized property within its immediate street context. Its primary appeal lies in its balance and established nature. The lot size is notably above average city-wide, offering good outdoor space potential for a home of this vintage. A unique point is that, for its street, it is one of the "newer" homes (ranking in the top 4%), suggesting it may have benefitted from updates or construction techniques slightly later than its direct neighbors.
The property would suit practical, value-conscious buyers such as first-time homeowners looking for a manageable footprint in a mature area, or downsizers seeking a single-level layout (common for this era) with a low-maintenance yard. It’s not a standout in terms of size or assessed value within its broader area, so it appeals to those prioritizing a stable, grounded purchase over luxury or immediate high equity.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is below the average for the wider Niakwa Place area but is around average for its specific street and for Winnipeg overall. This suggests it may offer relative value within a desirable neighborhood.
2. What should I consider about a home built in 1969?
While major systems like roof, windows, plumbing, and electrical may have been updated, a home of this age will likely have a mix of original and renovated elements. A thorough inspection is essential to understand the condition of these core components.
3. The lot is large city-wide but average for the area. What does that mean?
It means you get a substantial yard compared to many Winnipeg homes, which is a great asset. However, within Niakwa Place, lot sizes tend to be generous, so your property will feel consistent with the neighborhood’s character of spacious, suburban-style lots.
4. The last sold price shown is from 2018. How can I get accurate, recent sales data?
The site notes that exact sold prices and full transaction history are not displayed online due to industry rules. You can request this information directly via email from the site provider for a manual lookup.
5. What is the significance of it being a "newer" home on its street?
Ranking in the top 4% for year built on Fallbrook Bay indicates most houses on the block are older. This could imply slightly different construction materials or layouts for its time, and potentially that previous owners faced fewer issues related to very early building standards in the area.