Property score
61.1
Fair
Overall 61.1 · Smaller than most nearby homes
1,022 sqft (bottom 3%) · Built in 1956
Located in a above-average income area with median household income of ~76k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, 2 parks, 1 sports facility, and 1 bank/ATM nearby
Living Area
Below average
21% smaller than neighborhood avg.
Taon ng Paggawa
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 77%French · 11%
Past 10 years Niakwa Park sales snapshot (~80% of all data)
58
462k
$384/sqft
1956
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61.1 is composed by the two sections below.
Property Score
Community Score
Niakwa Park
How to read: Share of sales in each ~$50k price band for “niakwa park” (Detached na bahay (hindi condo), 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: #46110589
$76K
Median household income
$84K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
37%
Single-person households
16%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
1 Cherokee Bay — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 361 m), 2 parks (nearest 203 m).
Niakwa Park · WPS public data · 2025
Annual incidents
29
2025
vs. city avg
-2%
relative to avg
Year-over-year
▲ +4%
vs. prior year
Primary type
Property
62%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 6% | Bottom 2% | Bottom 28% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 1 Cherokee Bay, Niakwa Park, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition in the desirable Niakwa Park neighborhood. Built in 1956, it is one of the older homes on its street, which can suggest a well-established, mature setting. The key feature is its generous 6,837 sqft lot, which is larger than most properties on its street, in the area, and across Winnipeg. This offers significant outdoor space and potential for gardening, expansion, or simply enjoying a sizable private yard—a rarity in many city neighborhoods.
The appeal lies in the balance between lot size and a lower assessed value. With an assessment of $344,000, it sits below the average for both its immediate street and Niakwa Park area, potentially offering an entry point into a sought-after community. The living area (1,022 sqft) is modest compared to local averages, indicating a home that may be more manageable for certain lifestyles. This property would suit a value-conscious buyer prioritizing land over a large interior footprint, such as a first-time homeowner looking to build equity in a great area, a downsizer wanting outdoor space without excessive upkeep inside, or an investor/renovator who sees potential in the substantial lot and is prepared for updates typical of a home of this vintage.
Frequently Asked Questions
1. Is the lower assessed value a red flag?
Not necessarily. It primarily reflects the home's more modest living area and age compared to neighbors. It can represent a value opportunity, but a professional inspection is crucial to understand the condition and any needed updates.
2. What does it mean that the home is "older than average" on the street?
This indicates the surrounding homes are generally newer, suggesting the street has seen redevelopment over time. For this property, it means the character is that of an original, established home, which may have classic architectural details but also requires a diligent review of major systems like roof, plumbing, and wiring.
3. How significant is the lot size advantage?
Very. Ranking in the top 22% of the area for land area, this is the home's standout feature. It provides privacy, space for recreation, and future flexibility that is increasingly hard to find at this price point in mature neighborhoods.
4. The home last sold in 2019. What should I consider?
Given the sale was over five years ago, any renovations or improvements made since then would be key to its current value. It's important to request details on updates and verify if the assessed value aligns with recent market conditions.
5. Who might this property not suit?
Buyers seeking a large, move-in-ready home with modern, open-concept interiors may find the living space limiting. It is better suited for those comfortable with a cozier layout or those viewing the property as a long-term project where the land itself is the primary asset.
