Property Overview
31 Bromton Road is a well-situated home in Winnipeg's Niakwa Place neighbourhood, built in 1972. The data presents a picture of a property that offers solid value within its immediate streetscape, with some interesting contrasts when viewed in a wider context.
Key Characteristics, Appeal & Ideal Buyer
The home’s primary appeal lies in its efficient use of space and its strong standing on its own street. With 1,062 sqft of living area, it is notably larger than the average home on Bromton Road, ranking in the top 11%. This suggests it offers more interior space than most of its direct neighbours, which is a significant advantage for the location. Its assessed value of $362k is very close to the street average, indicating the price aligns with the immediate market.
However, the perspective shifts when looking at the broader Niakwa Place area. Here, the home's living area falls below the neighbourhood average, and its lot size of 4,897 sqft is also smaller than typical for the area. This creates a specific dynamic: you get a home that feels spacious and fairly priced for its specific street, but on a more modest lot compared to the wider community.
This property would suit a pragmatic buyer who values interior space over extensive yard maintenance. It’s ideal for a first-time homeowner, a small family, or a downsizer seeking a comfortable home in a stable neighbourhood without the upkeep of a larger property. The data suggests it’s a "big fish in a small pond" on Bromton Road, offering a sense of value and space relative to its closest comparables.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home last sold between $300k-$350k in late 2020. Its current assessed value of $362k is around the city-wide average, suggesting it has appreciated in line with the overall market.
2. Is the lot size a disadvantage?
While the lot is smaller than the Niakwa Place average, it is close to the city-wide median. This means less yard maintenance, which could be a benefit for many buyers, though it may offer less private outdoor space than some other homes in the immediate area.
3. What does the "above average" year built ranking mean?
Built in 1972, this home is newer than most on Bromton Road (ranking 5th newest out of 18). This can be a positive, potentially indicating updates or systems that are relatively younger compared to its direct neighbours.
4. How reliable is this sold price data?
The provided sold price is a range based on publicly available data. For fully verified and exact historical transaction figures, you must request a manual lookup from the site, as they do not display MLS records.
5. If the living area is large for the street but small for the area, which is more important?
This depends on your lifestyle. If daily life and community feel are tied closely to your immediate street, the interior space is a strong asset. If you compare yourself more to the broader neighbourhood amenities and peer group, the home’s size is more modest. It highlights a trade-off between interior volume and land size.