Property Overview: 50 Gleneagles Road, Winnipeg
Key Characteristics & Appeal
This 1,066 sqft bungalow, built in 1972, sits on a 6,268 sqft lot in Niakwa Place. Its assessed value is $382,000. The home presents a practical, grounded opportunity. Its primary appeal lies in its efficient scale and its position within a mature, established neighbourhood. The lot size is notably above the city-wide average, offering good outdoor space relative to many Winnipeg homes.
A thoughtful perspective is that this property represents a balance. It’s not the largest or most expensive home on its street or in its area, which can mean a more accessible entry point into a desirable neighbourhood without the premium for a top-tier property. The 1972 build date is actually the newest on Gleneagles Road, suggesting it may have had fewer owners or more recent updates compared to immediate neighbours, a less obvious advantage in an older area.
This home would suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space. It’s also a fit for value-conscious buyers who prioritize location and lot size over sheer living area, and who are comfortable with a home that may benefit from personal updates.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $382k is slightly below the average for Gleneagles Road ($393k) and the Niakwa Place area ($447k), but is very close to the city-wide average. This suggests it is priced appropriately within its immediate street and may represent relative value within the broader neighbourhood.
2. Is the living space considered small?
At 1,066 sqft, it is below the average for the Niakwa Place area. However, it is close to the average for its specific street and is near the city-wide average for living area. It is a functionally sized home for individuals, couples, or small families.
3. What does the lot size mean for potential buyers?
The lot is above the city-wide average, which is a significant positive. It provides ample room for gardening, recreation, or future additions like a deck or shed, which can be harder to find in newer subdivisions.
4. The home was last sold in 2020. What can previous sale data indicate?
Public records show it sold in the $300k-$350k range in late 2020. This historical data provides context on market appreciation and can be a starting point for understanding the seller’s equity, but the current market conditions and any improvements made since then are the primary price drivers.
5. How can I get verified sale price history for this home?
The displayed sale prices are estimates from public data. To obtain fully verified and exact sale figures, you must request a manual lookup from the site via email, as industry rules prevent the display of official MLS sold records directly on the page.