Property Overview: 3 Willow Point Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 3 Willow Point Road presents a compelling blend of space and value within Winnipeg's Niakwa Place neighbourhood. Its standout feature is its generous 1,791 sqft of living area, which ranks in the top 7% of homes on its own street and offers significantly more space than many comparable properties in the wider city. This is complemented by an above-average lot size of 7,677 sqft, providing ample outdoor space relative to local and city norms.
The appeal lies in this "more house and land for the dollar" proposition. With an assessed value of $398k that sits around the average for the street and slightly below the neighbourhood average, it suggests a potentially efficient entry point for the amount of physical space offered. Built in 1970, the home is older than most on its street but is typical for its area and the city overall, indicating a mature, established streetscape.
This property would suit buyers prioritizing interior and yard space over a newer build. It’s ideal for a growing family needing room or someone who values a larger lot for gardening, recreation, or future expansion. The data suggests it’s a practical choice for a buyer seeking established neighbourhood character where their money primarily buys square footage rather than recent renovations or modern construction.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The home sold in October 2019 for a price reported between $300,000 and $350,000. Its current assessed value of $398k is higher, but a professional appraisal and current market conditions are needed to determine its present market value.
2. Is the larger living area due to additions or an unusual layout?
The provided data confirms the size but not the layout. The fact that it's an older home (1970) on a larger lot could mean the space is original, but a viewing is essential to understand the floorplan and condition of the living area.
3. What does it mean that the home is "below average" for year built on its street?
This indicates Willow Point Road has many homes built after 1970. It doesn’t mean the home is unusually old for Winnipeg, but it may be one of the older properties on its specific block, which could influence the style and vintage of nearby houses.
4. Are the property taxes likely to be high given the assessment?
The assessed value of $398k is close to the city-wide average for comparable homes. Therefore, the property taxes should be reasonably aligned with a typical home of this value in Winnipeg, but always verify with the latest municipal tax rate.
5. How can I get the exact historical sale price instead of a range?
The site does not display exact sold prices from the MLS. You must request this information directly from them via email for a manually verified figure, as noted in their data disclaimer.