Property Overview: 5 Bluewater Crescent, Niakwa Place, Winnipeg
Section 1: Key Characteristics & Appeal
This is a substantial, well-established home in Winnipeg's Niakwa Place neighbourhood, distinguished by its significant scale and premium positioning. Built in 1990, the property sits on a large, approximately 11,300 sqft lot. Its primary standout feature is the generous 2,942 sqft of living space, which places it in the top 1% of homes on its street and city-wide. With a current assessed value of $795,000, it is similarly positioned in the top tier of its local market.
The appeal lies in its rarity and space. It offers the roominess of a much newer, high-end build within a mature, tree-lined neighbourhood. The lot size provides ample outdoor privacy and potential, a notable advantage over many contemporary properties. This home would ideally suit buyers looking for established character and generous interior space without moving to a newer suburban division. It appeals to multi-generational families, those who work from home and need dedicated offices, or buyers who value a large yard in a central location. A thoughtful perspective is that while the home is 36 years old, it is notably newer than many of its neighbours, potentially meaning fewer major component replacements are immediately due compared to area averages.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $795k is for municipal tax purposes and is a historical snapshot. It strongly indicates the home's premium standing, but the final sale price will be determined by current market conditions, the home's interior condition, and recent comparable sales.
2. What are the potential considerations with a 1990-built home?
While newer than many area homes, a 1990 build means key systems (like the roof, HVAC, windows, and major appliances) are likely at or beyond their typical lifespan. A thorough inspection is essential to budget for any updates or repairs.
3. The last sale was in 2017. Why might that be?
The long ownership period suggests the sellers have likely maintained the property well and invested in it as a long-term home. It can indicate neighbourhood stability, but it's wise to ask what updates have been completed during their tenure.
4. The lot is large, but what are the maintenance implications?
An 11,300 sqft lot offers excellent privacy and space but also requires more time and cost for landscaping, lawn care, and snow removal than a standard city lot. This is a worthwhile consideration for your lifestyle and budget.
5. Where can I get verified historical sale data for this property?
The public data shows a sold price range from 2017. For fully verified and exact transaction figures, you must request a manual lookup from the site provider via email, as they do not display proprietary MLS sold records.