Property Overview

30 Cherwell Road is a well-established home in Winnipeg's Niakwa Place neighbourhood, built in 1972. With 1,062 sqft of living space on a generous 6,707 sqft lot, it presents a classic suburban profile. Its current assessed value is $408,000.

Key Characteristics & Appeal

This home stands out for its lot size, which is notably larger than most on its street and above the city-wide average, offering valuable outdoor space and potential. The house itself is more compact than many in the broader Niakwa Place area, suggesting a manageable layout that is easier to maintain. Its assessed value is strong for its immediate street, indicating it is perceived as a premium property within that specific locale.

The appeal lies in this balance: a substantial, private yard paired with a home of efficient scale. It suits buyers looking for a established neighbourhood character without the upkeep of a very large house. It would be a practical fit for first-time buyers seeking space to grow into, downsizers wanting a manageable home with garden space, or investors attracted to a property that holds a top-tier position on its street.

A less obvious perspective is that its above-average value on Cherwell Road could signal a well-maintained or updated home relative to its neighbours, or simply a premium lot. Buyers should consider whether the interior space meets their needs, as the living area is below the neighbourhood average.

Frequently Asked Questions

How does the lot size compare to nearby homes?
The 6,707 sqft lot is significantly larger than the street average (~4,990 sqft), placing it in the top 9% on Cherwell Road. It is slightly below the Niakwa Place average but remains above the average lot size for the entire city.

What is the home’s condition given its age?
Built in 1972, the home is 54 years old. It is slightly older than the average home on its street and in Niakwa Place. Prospective buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, which is typical for homes of this vintage.

Why is the assessed value higher than other homes on the street?
With an assessed value of $408,000, this home ranks 3rd highest out of 22 on Cherwell Road, where the average is about $339,900. This premium could be due to its larger lot, specific improvements, or its overall condition compared to immediate neighbours.

How does the living space compare?
At 1,062 sqft, the living area is above the street average but below the average for the Niakwa Place neighbourhood (1,490 sqft). This indicates a home with a more efficient or compact footprint relative to many others in the area.

What were the previous sale prices?
Public records show the home sold in 2020 for between $300,000-$350,000 and in 2016 for between $250,000-$300,000. For verified, exact sale prices, you must request the information directly via email from the site provider, as they do not display MLS data.