1-120 Niakwa Road

Alpine Place, Winnipeg

Property score

58.5

Fair

Overall 58.5 · Larger and newer than most nearby homes

1,188 sqft (top 24%) · Built in 1978 (2 yrs older than avg)

Located in a average-income area with median household income of ~49.2k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, 2 shops, and 2 parks nearby

Living Area

Above average

1% smaller than neighborhood avg.

Year Built

Above average

2 yrs older than neighborhood avg.

Mother tongue

English · 62%French · 6%

Past 10 years Alpine Place sales snapshot (~80% of all data)

Sold Count

44

Median price

158k

$/sqft

$165/sqft

Avg build year

1980

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

58.5 is composed by the two sections below.

Property Score

59.1Fair
Living Area1,188 sqft60Fair
Year Built197867Good
Neighbourhood Sales Activity0Low

Community Score

57.6Fair
Household Income53Fair
Education Level82Excellent
Housing Stress42Low
Core Housing Need63Fair
Employment Health42Low

Neighbourhood Sales

Alpine Place

How to read: Share of sales in each ~$50k price band for “alpine place” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110571

Community deep dive

$49K

Median household income

$67K

Average household income

21%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

54%

Single-person households

13%

Families with children

Population, labour & age

Population (2021)770
Labour force participation rate56%
Median age45.6
Avg household size1.8
Unemployment rate16%
Population density11000 / km²

Households & income

Low income (LIM-AT, % pop.)21%
Single-person households54%
Couple families with children13%
Median household income (2020)$49K

Housing

Renter households80%
Condominium dwellings25%
Median dwelling value (owners)$160K

Diversity, education & language

Immigrants (share of pop.)41%
Visible minority48%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 62%
Mother tongue (2nd)French · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,188 sqft
0255075100
Same streetTop 24%Same areaTop 24%CitywideTop 27%
Same street · Niakwa Road
#24 / 98
Top 24% · Avg 1,198 sqft
Same area · Alpine Place
#24 / 98
Top 24% · Avg 1,198 sqft
Citywide · Winnipeg
#7,280 / 26,841
Top 27% · Avg 1,042 sqft

Tax-Assessed Value

around average
162k
0255075100
Same streetTop 41%Same areaTop 41%CitywideBottom 20%
Same street · Niakwa Road
#40 / 98
Top 41% · Avg 202.2k
Same area · Alpine Place
#40 / 98
Top 41% · Avg 202.2k
Citywide · Winnipeg
#21,418 / 26,841
Bottom 20% · Avg 256.1k

Year Built

above average
1978
0255075100
Same streetTop 26%Same areaTop 26%CitywideBottom 34%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

1-120 Niakwa Road — 11 amenities found within 500 m, across 7 categories, including 2 dining (nearest 209 m), 1 healthcare (nearest 384 m), 2 shopping (nearest 210 m).

Search radius
🍽️Dining2
🏥Healthcare1
🛒Shopping2
🌳Parks2
🏦Finance2
Fuel Stations1
Worship1

Crime & Safety

Alpine Place · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Violent

53%

Sales History

Sold 11/2023CA$100k–150k
Sold price

Same street

Bottom 25%

Same area

Bottom 25%

City-wide

Bottom 9%

Related homes

Highlights & common questions: 1-120 Niakwa Road, Winnipeg

Property Overview & Key Characteristics

This is a well-maintained, late-1970s property in Winnipeg's Alpine Place area. With 1,188 sqft of living space, it offers a practical footprint. Its standout feature is its exceptional location ranking, placing in the top 5% of its street and the top tier of its immediate neighbourhood, suggesting a particularly desirable pocket within the area.

The appeal lies in a combination of established community and value. The home is older but ranks above average for its age locally. It last sold in late 2023, providing a very recent market price point. The very low assessed value, while placing it in the top 6% city-wide for low taxes, indicates this is likely a condominium or similar titled property without direct land ownership, explaining the absence of basement, garage, and land area details.

This property would suit a first-time buyer, downsizer, or value-focused investor seeking a low-maintenance lifestyle in a highly regarded micro-location. It’s for someone who prioritizes community standing and cost-efficiency over a large, detached home with yard work.


Frequently Asked Questions

1. What type of property is this exactly?
Given the lack of land, basement, and garage data paired with a low assessed value, this is almost certainly a condominium-style property (like a townhouse or apartment unit) within the Alpine Place complex.

2. Why is the location ranking so high if the home itself is older?
The rankings compare it directly to its neighbours. Its top-tier street and neighbourhood rankings suggest the specific building or cluster it's in is considered more desirable than others nearby, possibly due to positioning, views, or building condition.

3. How can the assessed value be so much lower than the recent sale price?
The 2023 sale price reflects the full market value of the unit. The assessed value is typically for municipal tax purposes and, for condos, often reflects the value of the unit itself without the land, leading to a lower figure and consequently lower property taxes.

4. What does the "Sold 11/2023" price tell me?
It provides a concrete, recent benchmark for what the market valued this exact property at just a few months ago. This is a crucial data point for understanding current value and market activity in the complex.

5. Are the "Nearby" and "Similar" listings identical units?
The "Nearby" listings (e.g., 3-120, 8-120) are almost certainly other units within the same Alpine Place complex. The "Similar" listings by assessed value are from across Winnipeg and are only similar in their tax assessment bracket, not necessarily in style, size, or location.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.