Property Overview: 15 Gleneagles Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 15 Gleneagles Road is a well-situated property in Winnipeg's Niakwa Place neighbourhood. Built in 1971, it offers 1,159 square feet of living space on a 6,598 square foot lot. The appeal lies in its solid, established neighbourhood setting and its strong positional value. The assessed value of $417,000 is notably above average for its immediate street, ranking in the top 24% of 38 homes on Gleneagles Road. This suggests the property holds inherent value relative to its closest peers, possibly due to lot placement, updates, or condition.
While the home's size is fairly typical for the area, the lot size is a standout feature on a city-wide scale, ranking in the top 21%. This offers above-average outdoor space potential for a mature neighbourhood. The data indicates a property that isn't the largest or newest on the block but represents a stable and valuable holding within its micro-market. It last sold in 2016 for between $300,000 and $350,000.
This home would suit a buyer looking for a move-in ready property in a mature area without the premium of a brand-new build. It’s ideal for someone who values a larger-than-average city lot for gardening, recreation, or future expansion. The buyer is likely pragmatic, appreciating the fact that the property's assessed value outperforms its direct neighbours—a sign of good relative equity and a sensible, grounded investment in a known community.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value ($417k) is for municipal tax purposes and is a formal estimate, but it's not a direct guarantee of market value. However, ranking significantly above the street average is a positive indicator of its worth relative to nearby homes.
2. What does the lot size ranking mean practically?
Ranking in the top 21% city-wide for land area means you're getting more outdoor space than nearly 80% of Winnipeg properties. For a 1970s neighbourhood, this is a considerable asset for privacy, landscaping, or adding a deck or garage.
3. Are there concerns about the home's age (55 years)?
The year built (1971) is typical for the area and city. The key will be the condition and updates of major systems like roof, windows, plumbing, and electrical, which should be verified during a professional inspection.
4. The home last sold in 2016. Is there more detailed price history?
The public data shows a sale between $300k-$350k in October 2016. For the exact sale price and a full transaction history, you would need to request a manual lookup from the site, as MLS records are not displayed.
5. How does this home fit within the Niakwa Place neighbourhood?
The data shows it is very aligned with area averages for living space and value, but with a stronger standing on its specific street. This suggests it's a representative, solid property for Niakwa Place, with a slight edge in its immediate location.