Property score
65.1
Good
Overall 65.1 · Compared with neighbourhood average
1,274 sqft (top 32%) · Built in 1956
Located in a above-average income area with median household income of ~76k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 2 parks, 1 sports facility, and 1 bank/ATM nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
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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65.1 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 houses (non-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.
Rank by land area, larger = better rank
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
12 Cherokee Bay — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 262 m), 2 parks (nearest 213 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 44% | Bottom 40% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 12 Cherokee Bay, Niakwa Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Niakwa Park presents a solid, mid-century foundation with notable space efficiency. Built in 1956, its 1,274 sqft living area is notably above average for its immediate street, offering more interior space than many of its direct neighbours. The lot size of approximately 6,000 sqft is generous by city-wide standards, providing ample outdoor space. With an assessed value of $412,000, it sits comfortably within the mid-range for the area, reflecting a stable and established neighbourhood value.
The appeal lies in its position within a mature, consistent community. The home is not an outlier but a well-placed property within its context, offering reliable space on a good-sized lot. It would particularly suit pragmatic buyers—perhaps young families or downsizers—who value neighbourhood character over a brand-new build. It’s a property for someone who sees potential in a home that is larger than others on the block and appreciates the established gardens and tree-lined streets of Niakwa Park. A thoughtful perspective is that its "above average" living area for the street suggests a home that may have been well-maintained or thoughtfully expanded over time, offering a relative value within its micro-market.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area of 1,274 sqft is larger than most homes on Cherokee Bay itself, ranking in the top 13% on the street. Compared to the wider Niakwa Park area and the city, it is comfortably around the average.
2. What is the neighbourhood like for property values?
The assessed value of $412,000 is very typical for both the street and the Niakwa Park area, indicating a stable market without extreme highs or lows. It suggests a predictable investment environment.
3. The home was built in 1956. What should I consider?
While the build year is typical for the area, a home of this age will likely have had updates over time. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the roof, which may be due for maintenance or modernization.
4. How does the lot size compare?
At just under 6,000 sqft, the lot is slightly smaller than the average for Niakwa Park but is actually larger than the typical lot city-wide. It provides a substantial backyard space for a property in this category.
5. Where can I find verified past sale prices for this home?
The site notes that exact sold price data is not displayed publicly due to industry rules. You can request the full transaction history and exact figures by emailing the site directly for a manual lookup.
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