Property Overview: 26 Gleneagles Road, Niakwa Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 26 Gleneagles Road is a well-situated property in Winnipeg's Niakwa Place neighbourhood, presenting a balanced offering for a specific buyer. Built in 1971, its key metrics consistently show it performs "above average" or "around average" when compared to its immediate street, the wider area, and the city as a whole.
The appeal lies in its established stability and relative value. With an assessed value of $419,000, it ranks notably high on its own street (top 21%) and sits above the city-wide average, suggesting a solid perception of worth in a mature area. The 6,598 sqft lot is a standout feature city-wide, ranking in the top 21%, offering generous outdoor space that is increasingly rare. The living area (1,158 sqft) is comfortably in line with the neighbourhood norm.
This property would best suit pragmatic buyers who value space and established communities over new construction. It’s ideal for someone looking for a manageable-sized home on a larger-than-average lot, possibly for gardening, recreation, or future expansion. It fits buyers seeking a home that holds its own in terms of assessed value on its street, without the premium or volatility of a brand-new or fully renovated property. It represents a classic, grounded choice in a stable neighbourhood.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $419k is for municipal tax purposes and serves as a useful benchmark. Notably, it is above the average for both its street and the city, which can indicate strong underlying value. However, the final sale price will be determined by the current market, condition of the home, and buyer demand.
2. What does the lot size mean for me practically?
At 6,598 sqft, the lot is larger than over 79% of properties across Winnipeg. This provides significant private outdoor space, potential for additions like a shed or deck, and more distance from neighbours compared to newer subdivisions with narrower lots.
3. The home was last sold in 2019. What can that tell us?
The previous sale (between $350k-$400k) provides a historical anchor point. The increase to the current assessed value reflects market appreciation over the last five years. Reviewing any known improvements made since 2019 would be important to understand the property's evolution.
4. How does the living area compare to newer homes?
At 1,158 sqft, the living space is typical for its Niakwa Place neighbourhood but below the current city-wide average for homes. This suggests efficient, classic layouts rather than the open-concept, high-square-footage designs found in many newer builds. It may suit those preferring cozy, manageable spaces.
5. The rankings show "above average" for year built on the street. What does that mean?
With a 1971 build date, this home is newer than many on Gleneagles Road (ranking 11th newest out of 38). This can imply potentially newer components like wiring, plumbing, or windows compared to some immediate neighbours, though a specific inspection is necessary to confirm the state of these systems.