Property Overview & Key Characteristics
This 1,160 sqft bungalow at 49 Abington Road in Niakwa Place presents a practical and competitively positioned offering. Built in 1980, its key appeal lies in its relative newness for the area—it ranks in the top 3% of homes on its own street by year built. This suggests potentially fewer immediate concerns with aging infrastructure compared to neighbouring properties. The assessed value of $355k is notably below the Niakwa Place neighbourhood average, indicating a value proposition within this established area.
The home sits on a 4,136 sqft lot, which is spacious for the street but more modest compared to larger lots typical in the wider neighbourhood and city. This creates a lower-maintenance yard without sacrificing private outdoor space. The living area is compact and efficient, aligning with the needs of smaller households.
This property would best suit first-time buyers or downsizers seeking an entry point into a mature neighbourhood like Niakwa Place without a premium price tag. It’s for those who prioritize a newer build date and a manageable lot over sheer square footage, and who see the below-average assessment for the area as a solid foundation for value.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value of $355k is below the current average for the Niakwa Place neighbourhood, which sits around $446.8k. This suggests it may offer a more accessible price point in this area.
2. Is the lot size typical for the neighbourhood?
At 4,136 sqft, the lot is above average for Abington Road itself. However, it is below the average lot size for the broader Niakwa Place area, where many properties are larger. This means a more manageable yard but less land than some neighbours.
3. What does the "Elite" ranking for year built mean?
The home was built in 1980. The "Elite" top 3% ranking on its street simply means it is one of the newest houses on Abington Road, where the average build year is also 1980. It is newer than many homes in the wider city.
4. When did it last sell and for how much?
Public records indicate a sale between December 2020, with a sold price in the range of $300,000 to $350,000. Exact sale figures require a manual lookup from verified sources.
5. Is the living space smaller than other homes?
At 1,160 sqft, the living area is below the average for its immediate street and is a compact footprint. It is around the average when compared citywide. This points to a efficient, likely easier-to-maintain interior layout.