Property Overview: 99 Willow Point Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 99 Willow Point Road is a 1,016 sqft bungalow built in 1971, situated on a 6,477 sqft lot. Its assessed value is $322,000. The data presents a property of contrasts, offering a distinct value proposition for the right buyer.
Its primary appeal lies in its efficient footprint and lot size. While the living area is notably below average for its immediate street and neighbourhood, the lot size is above average city-wide, suggesting potential for expansion or enjoying generous outdoor space. The home is also one of the newer builds on its street. The most compelling figure is the sold price, which fell between $300,000 and $350,000 in mid-2024, positioning it as one of the more affordable homes in the Niakwa Place area. This creates an accessible entry point into a established neighbourhood.
This property would best suit practical, value-conscious buyers. It's ideal for a first-time homeowner comfortable with a cozy layout, or an investor looking for a rental property with a manageable price point. The larger-than-city-average lot could appeal to someone with long-term plans to renovate or extend the home. It is less suited for those requiring ample interior space immediately or who prioritize having a home at the top end of the neighbourhood's market.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
Based on its recent sold price range being below the area's average assessed values, it represents a lower-cost option within Niakwa Place. You are paying less, but also getting a home with less interior square footage than most neighbours.
2. What does the lot size mean for me?
At 6,477 sqft, the lot is larger than the typical Winnipeg home site. This provides more private outdoor space and, subject to zoning and permits, could allow for future additions like a garage, larger deck, or even a home expansion.
3. How does the year built (1971) affect the home?
Built 55 years ago, this home is newer than many on its street but will likely contain original or older components. Buyers should budget for updates to major aging systems like roof, windows, plumbing, or electrical, and consider an inspection essential.
4. Why is the assessed value on the street so low?
The data shows this home has the lowest assessed value on Willow Point Road. This typically reflects its smaller size and potentially more modest finishes or features compared to neighbouring properties. It's a key factor in its lower property taxes relative to the street.
5. Where can I get the exact sold price?
The exact sold price is not publicly displayed due to industry regulations. You can request the precise figure by emailing the site directly for a manual lookup, which they provide without using your email for marketing.