Property score
51.5
Fair
Overall 51.5 · Smaller but newer than most nearby homes
950 sqft (bottom 13%) · 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
Below average
21% 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)
44
158k
$165/sqft
1980
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51.5 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110571
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
8-120 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).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 41% | Top 41% | Bottom 15% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 8-120 Niakwa Road
Key Characteristics & Appeal
This 950 sqft property, built in 1978, is situated within the Alpine Place complex on Niakwa Road. Its primary appeal lies in its exceptional value proposition within its immediate area. The data indicates it holds a very low assessed value compared to the wider Winnipeg market, ranking in the top 3% of the city for affordability. This presents a notable entry point into a neighbourhood where the property itself ranks in the top tier (top 0%) for its street location.
The home would suit practical, value-conscious buyers such as first-time homeowners seeking to build equity, investors looking for a rental property with a low tax base, or downsizers prioritizing financial efficiency over size. Its smaller living area and lack of a private garage or basement suggest a lifestyle of simplicity and lower maintenance. A thoughtful perspective is that this unit offers the benefits of a established, mature neighbourhood without the premium price tag often associated with it, acting as an affordable foothold in a desirable area.
Frequently Asked Questions
1. What does the "rank" data actually mean?
The rankings compare this specific unit against others on the same street, in the neighbourhood, and across Winnipeg. For example, being in the "Top 0%" in the neighbourhood for its street means its location within Alpine Place is considered among the very best plots available in the immediate area.
2. Why is the assessed value so much lower than the last sale price?
The property last sold in 2016 for $155,000, while the current assessed value is $13,600. This enormous discrepancy is almost certainly because the assessment reflects only the unit itself (the "condo" portion), not the shared land value of the entire complex, which is a common assessment method for condominiums.
3. What are the implications of having no private garage or basement?
This means storage and vehicle parking will be defined by the complex's common amenities. Buyers should inquire specifically about allocated parking spots and any on-site storage lockers or options. Utilities and maintenance for these areas will be handled through the condominium corporation fees.
4. The living area is noted as smaller than most in the area. How might that affect living here?
The 950 sqft size ranks in the bottom quarter for the street. This indicates an efficient, compact layout. It would be wise to assess if the floorplan is open or segmented, and to consider furniture scale and storage solutions during a viewing.
5. The building is 48 years old. What should I be asking about?
Focus on the health of the condominium corporation. Inquire about the reserve fund study, recent or upcoming special assessments for major repairs (like roofing, windows, or foundation), and the monthly fee structure to understand your long-term financial responsibility.
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