Property Overview
32 Bluewater Crescent is a 754 sqft bungalow built in 1971, situated on a 3,000 sqft lot in Winnipeg's Niakwa Place neighbourhood. With an assessed value of $304,000, it presents a specific value proposition shaped by its compact size and established location.
Key Characteristics & Appeal
The primary appeal of this home lies in its affordability and efficiency within a mature, stable neighbourhood. Its assessed value is notably below the area average for Niakwa Place, positioning it as a more accessible entry point into the community. The 754 sqft living area is compact—significantly smaller than most homes on the street and in the area—which suggests a home suited for minimalists, first-time buyers, or those looking to downsize without leaving the neighbourhood. The lot is also smaller than typical, which translates to less exterior maintenance.
A thoughtful perspective is that this property may represent a "value-play" for a specific buyer. Its price point is competitive relative to its immediate street, and it could suit someone willing to trade interior and yard space for financial flexibility and location. It’s less suited for those needing room to grow but ideal for those seeking a manageable, single-level lifestyle. The home's recent sale history indicates steady market interest within its price band.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
Based on the data, the assessed value is below the Niakwa Place area average, suggesting a lower entry cost for the neighbourhood. However, this correlates with the home's smaller-than-average size and lot.
2. Who would this home suit best?
It would best suit first-time buyers, downsizers, or investors looking for a manageable, single-level property in an established area. Its scale is less ideal for families needing multiple bedrooms or ample living space.
3. How does the lot size impact the property?
At 3,000 sqft, the lot is smaller than most in the area. This means less yard maintenance but also less private outdoor space compared to neighbours.
4. What is the home’s recent sales activity?
The property has sold several times in recent years, most recently in late 2024. This activity suggests consistent market demand at its particular price point.
5. How can I verify the exact historical sold prices?
The site provides sold price ranges. For fully verified, exact transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS.