Property Overview: 123 Willow Point Road, Niakwa Place
Key Characteristics & Appeal
This home at 123 Willow Point Road stands out in its Niakwa Place neighbourhood for its above-average size and modern build. With 1,669 square feet of living space, it is notably larger than most homes on its street and in Winnipeg overall. The 7,367 sqft lot provides ample outdoor space, ranking well above the city average. A key feature is its 1998 construction, making it significantly newer than the typical area home built in the mid-1970s, which suggests updated building standards and potentially lower immediate maintenance needs.
The appeal lies in its strong positional value. With an assessed value of $492,000, it ranks in the top 7% on its street and the top 26% in the area, indicating it is a premium property within a desirable locale. It last sold in March 2023 for an estimated $500,000–$550,000, reinforcing its market position. This property suits buyers looking for a move-in-ready, spacious family home in an established neighbourhood without the quirks and renovation demands of an older house. It’s ideal for those who value both interior space and a sizable yard, and who appreciate a home that compares favorably in both scale and modernity to its peers.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold in March 2023 for an estimated $500,000–$550,000. Its current assessed value of $492,000 is above the average for its street, area, and the wider city, indicating its value has been consistently strong.
2. What does the 1998 build year mean for a buyer?
Built in 1998, this home is approximately 20–25 years newer than the average home in Niakwa Place. This often translates to more contemporary electrical, plumbing, and insulation standards, potentially reducing the urgency and cost of major system upgrades common in older homes.
3. Is the lot size practical for a family?
At 7,367 sqft, the lot is larger than approximately 86% of lots citywide. This offers generous space for gardening, play, and outdoor living, a feature that is increasingly rare and valuable in mature neighbourhoods.
4. What is the neighbourhood context for this property?
The data shows this home ranks highly on its specific street (Willow Point Road) across all metrics—size, value, age, and lot. This suggests it’s not just a nice home, but one of the more substantial and modern properties in its immediate micro-neighbourhood.
5. How can I verify the exact historical sale price?
The provided sale price is an estimated range from public data. For fully verified and exact sale figures, you must request a manual lookup by email through the site, as MLS data is not displayed publicly here.