Property Overview: 617 Niakwa Road
Key Characteristics & Appeal
This home at 617 Niakwa Road presents a compelling blend of space, location, and value within Winnipeg’s Niakwa Place neighborhood. Built in 1986, it is notably newer than most homes on its street and in the broader area, suggesting potentially fewer concerns with aging infrastructure and systems. With 1,868 sqft of living space, it offers above-average roominess for both the city and the local area.
The property’s most distinctive feature is its generous 21,678 sqft lot, which places it in the top 1-2% of lots citywide. This exceptional outdoor space is a rare find and offers significant potential for gardening, recreation, or future expansion. With an assessed value of $573,000, the home sits above the average for both Winnipeg and Niakwa Place, indicating a perceived premium in its market position. Recent sale data suggests strong demand, with the final price ranking in the top 2% of the city.
This property would ideally suit buyers seeking a established home with modern conveniences on a truly substantial lot. It appeals to those who value privacy, outdoor space, and the stability of a mature neighborhood, while also appreciating a home that is relatively contemporary compared to its peers. It’s a fit for families or individuals who prioritize room to grow outdoors over having the largest interior footprint on the block.
Frequently Asked Questions
1. How does the home’s size compare to its neighbors?
The living area is slightly below the average for Niakwa Road itself but is comfortably above the average for both the Niakwa Place neighborhood and the city of Winnipeg as a whole.
2. What does the “Elite” ranking for the lot size mean?
The lot size of over 21,600 sqft is exceptionally large. It ranks in the top 2% of lots in Niakwa Place and the top 1% citywide, making it a standout feature that offers rare potential and privacy.
3. Is the assessed value a reliable indicator of the sale price?
The assessed value is for municipal tax purposes and is often different from market value. This home recently sold for a price that ranked in the top 2% citywide, which was significantly above its assessed value, reflecting strong market demand for its specific attributes.
4. What are the implications of the home being newer than others on the street?
Built in 1986, it is the newest home among the 19 comparable properties on Niakwa Road. This can be an advantage, often meaning updates to major systems (like electrical or plumbing) may have been made more recently, and the home may align better with modern layouts and expectations.
5. Where can I find verified sale price history for this property?
The site provides sold price ranges based on public data. For fully verified and exact transaction figures, you must request a manual lookup via email, as this information is not sourced from the MLS system.