Property Overview: 27 Bromton Road, Niakwa Place, Winnipeg

Key Characteristics & Appeal

This 1,000 sqft bungalow, built in 1972 on a 5,717 sqft lot, presents a solid, no-fuss opportunity in a mature Winnipeg neighbourhood. Its primary appeal lies in its strong value proposition and established location. The home’s assessed value of $409k ranks well above the average for Bromton Road itself, suggesting it is a standout property on its immediate street. This creates an interesting dynamic: while the living space is modest compared to many homes in the wider Niakwa Place area, you are acquiring one of the more substantial lots and highest-assessed homes on the block.

The property would suit practical buyers looking for a manageable footprint without sacrificing yard space. It’s ideal for a first-time buyer, a downsizer, or an investor seeking a stable, single-family rental. The data indicates you’re not paying a premium for sheer size, but rather for a desirable lot and a home that holds its value well within its micro-neighbourhood. It’s a choice for those who prioritize land and positional strength over square footage, in a home that likely requires a willingness to update a 54-year-old structure.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home last sold between $300k-$350k in July 2019. The current $409k assessment is significantly higher, reflecting market changes and the city’s valuation. This gap is an important point for negotiation and mortgage considerations.

2. Is the living area smaller than typical homes nearby?
Yes. At 1,000 sqft, it is below the average for both the Niakwa Place area (1,490 sqft) and Winnipeg overall (1,342 sqft). This confirms it’s a more compact bungalow, emphasizing efficient use of space and a smaller maintenance footprint.

3. What does the lot size mean for potential use?
At 5,717 sqft, the lot is larger than most on Bromton Road but smaller than many in Niakwa Place. It offers good outdoor space for a garden, play area, or additions, but may have limitations compared to the largest lots in the area.

4. How can I verify the exact historical sale price?
The site provides sold price ranges for non-members. To get the exact figure, you must request a manual lookup via email, as this data is not sourced from the MLS system.

5. What is the likely condition of a home built in 1972?
As a 54-year-old property, buyers should budget for updates and maintenance consistent with its age. Key systems like roof, windows, plumbing, and electrical may need inspection or have been partially updated over time.