Property Overview: 103 Willow Point Road, Niakwa Place, Winnipeg
Key Characteristics & Buyer Profile
This home at 103 Willow Point Road presents a practical and modern option within Winnipeg's Niakwa Place neighborhood. Built in 1993, it is notably newer than most homes on its street and in the wider area, which typically date to the mid-1970s. This suggests updated building systems and potentially less immediate need for major renovations. With 1,233 sqft of living space and an assessed value of $391k, it sits around the average for the street and city in both size and value, offering a standard family layout without premium pricing.
The appeal lies in this balance of a newer build with established neighborhood character. A thoughtful perspective is the lot size: at 4,662 sqft, it is the smallest on Willow Point Road, which translates to less yard maintenance—a plus for busy professionals or those seeking a lock-and-leave lifestyle—but may limit expansion or privacy compared to neighbors. Its recent sale in mid-2024 in the $400k-$450k range indicates solid market acceptance.
This property would best suit first-time buyers or downsizers looking for a move-in-ready home in a mature area without the surprises often found in much older builds. It’s a sensible choice for value-focused buyers who prioritize the condition and era of the home over a large yard.
Frequently Asked Questions
1. How does this home’s age compare to others nearby?
This home was built in 1993, making it significantly newer than the average home on Willow Point Road (approx. 1975) and in Niakwa Place (approx. 1976). It ranks in the top 14% for its year built on the street.
2. Is the lot size a concern?
The land area of 4,662 sqft is below average for the immediate street and neighborhood. This means a smaller yard, which reduces maintenance but also limits outdoor space and potential for additions. City-wide, however, the lot is closer to the average.
3. What does the assessed value tell us about the price?
The $391k assessment is very close to the city-wide average for comparable homes. Recent sale data shows it sold between $400k and $450k in May 2024, suggesting the assessed value is a reasonable baseline, but the final market price reflected current conditions.
4. How does the living space compare to typical homes?
At 1,233 sqft, the living area is nearly identical to the street average and is a practical size for a smaller family or couple. It is somewhat smaller than the average home in the broader Niakwa Place area.
5. Where can I get verified sale price history for this property?
The provided sold price is an estimate from public data. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as they do not display MLS sold records due to industry rules.