Property Overview
16 Limetree Cove is a spacious, well-established home in Winnipeg's Niakwa Place neighbourhood. Built in 2002, it sits on a generous 7,436 sqft lot and offers over 3,000 sqft of living space. With an assessed value of $774,000, it positions itself firmly in the upper tier of homes both locally and across the wider city.
Key Characteristics & Appeal
The primary appeal of this property lies in its exceptional space and established prestige within a desirable neighbourhood. Its living area places it in the top 3% of homes in Niakwa Place and the top 1% city-wide, offering rare interior volume. While the home is not new, its 2002 build date is newer than most in the area, suggesting modern construction standards without the premium of a brand-new build.
It suits buyers looking for a move-in ready, substantial family home in a mature community. It’s ideal for those who value space over a brand-new construction and appreciate a home that already holds a proven, high-value position in the market. A thoughtful perspective is that the lot size, while ample, is slightly smaller than the street average. This could appeal to buyers who want a large yard without the extensive maintenance of an even larger plot, focusing the property's advantage more on the interior living space.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it stands out significantly. It ranks in the top 5% of Niakwa Place by assessed value and the top 3% by living area, meaning it offers more space and is valued higher than the vast majority of homes in this already sought-after neighbourhood.
2. What is the likely selling price based on its history?
The home last sold in April 2019 for between $650,000 and $700,000. Given the current assessed value of $774,000 and market trends, a buyer should expect the current price to reflect its increased valuation and elite market position.
3. Is the 2002 build date a positive or a negative?
It’s a strong positive in this context. It places the home in the top 3% for year built in Niakwa Place, indicating it is one of the newer homes in a mature, established area. Buyers get a relatively modern construction without being in a brand-new development.
4. What are the advantages of its lot size?
At 7,436 sqft, the lot is above average for both the city and the Niakwa Place area. It offers substantial outdoor space while being slightly more manageable than the largest lots on its own street, which average over 8,300 sqft.
5. How can I verify the exact past sale price?
The website provides sold price ranges for general research. To obtain the exact, verified sale price and history, you must request a manual lookup via email from the service, as they do not display MLS data directly on the site.