Property Overview: 86 Gleneagles Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 86 Gleneagles Road presents a specific value proposition centered on its generous lot and established location. Built in 1972, it is notably one of the newer homes on its street. The primary standout feature is the 7,538 sqft lot, which is larger than most comparable properties on the street, in the Niakwa Place area, and across Winnipeg. This offers significant outdoor space and potential.
The living area of 1,002 sqft is modest, placing it below average in size comparisons at every level. This creates a clear dynamic: you are acquiring above-average land with a below-average footprint for the neighbourhood. The assessed value of $386k is consistently around the average for the immediate street and city, but sits below the average for the broader Niakwa Place area, suggesting a potentially competitive entry point into this locale.
This property would suit a buyer who prioritizes land size and outdoor potential over immediate interior square footage. It’s a fit for someone comfortable with a home from the 1970s that may require updates, and who sees value in the lot for gardening, expansion, or simply more private outdoor room. It appeals to the practical buyer looking for a foothold in a stable neighbourhood where the value is anchored more in the land than in a recently renovated or large interior.
Frequently Asked Questions
1. Is the house small for the neighbourhood?
Yes, the living space is below average compared to most homes on Gleneagles Road and in Niakwa Place. The appeal here trades off interior size for a larger-than-average lot.
2. How does the assessed value compare?
At $386k, it's very close to the average value on its own street and city-wide. However, it is assessed below the average home in the wider Niakwa Place area, which may indicate a relative value opportunity within this specific community.
3. What does the lot size mean for me?
The 7,538 sqft lot is a key asset. It's larger than approximately 90% of lots on the same street. This allows for more privacy, yard space, and potential for additions, decks, or landscaping that wouldn't be possible on a standard lot.
4. The home was last sold in 2017. Why is the exact price not shown?
For privacy and due to data licensing, exact historical sale prices are not published publicly on the site. The data shown indicates it sold in a range between $250,000 and $300,000 in October 2017. Verified exact figures can be requested by email.
5. Is a 1972-built home considered old?
For Winnipeg, a 1972 build is around the city's average home age. On Gleneagles Road specifically, it is actually one of the newest homes, ranking in the top 3%. This suggests the immediate streetscape consists of older homes, which can be positive for neighbourhood stability.