Property Overview: 6 Cherwell Road, Winnipeg
Key Characteristics & Appeal
This home at 6 Cherwell Road in Niakwa Place presents a balanced, practical offering. Built in 1972, it is slightly newer than many homes on its own street, suggesting potentially fewer immediate age-related concerns than some neighbors. With 1,000 sqft of living space, it offers a manageable footprint that is actually slightly above average for Cherwell Road, positioning it as a comfortably sized home within its immediate context.
The property’s standout feature is its 6,100 sqft lot, which is notably larger than most on the street and above the city-wide average. This provides valuable outdoor space and potential in a neighborhood where lots are typically smaller. With an assessed value of $342,000, it sits around the average for both its street and the wider city, but below the average for the Niakwa Place area overall. This indicates a value proposition within a desirable neighborhood, where you get more land for a price that is competitive on a broader scale.
Its appeal lies in this balance: a home that is proportionally sized on a generous lot for the street, in an established neighborhood. It would suit first-time buyers or downsizers looking for a manageable home with room to garden or enjoy outdoors, without the premium often attached to larger-lot properties in the area. The data suggests it’s a “neighborhood-value” play—offering more private space than nearby homes for a similar price point.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 1,000 sqft, the living area is slightly above the average for Cherwell Road itself. However, it is below the average for both the broader Niakwa Place neighborhood and the city of Winnipeg, indicating a more compact, efficient layout.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $342,000 is a municipal valuation for tax purposes. It is around average for the city but below the average for Niakwa Place. Market conditions, the home’s condition, and its larger lot size will ultimately determine the sale price.
3. What does the lot size mean for a buyer?
The 6,100 sqft lot is a significant feature. It ranks well above average for the street and is even above the city-wide average. This means more private outdoor space than most comparable homes in the immediate vicinity, offering potential for gardening, recreation, or future expansion.
4. The home was last sold in 2017. Why is the exact price not shown?
To access exact historical sold prices, you must request them directly via email from the site provider. Publicly displayed data is presented in ranges due to platform and industry rules regarding the display of transaction history.
5. How does the 1972 build year affect the property?
Built in 1972, the home is of an era where major systems like roofing, windows, or heating may be due for updates or replacement. A thorough inspection is advised. On the positive side, it is newer than many homes on its street, which may imply some advantages in construction materials or layout over older neighbors.