20 Chippawa Bay

Niakwa Park, Winnipeg

Property score

61.1

Fair

Overall 61.1 · Smaller but newer than most nearby homes

1,029 sqft (bottom 3%) · Built in 1958 (2 yrs newer than avg)

Located in a above-average income area with median household income of ~76k

Transit 74.0 · 2-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.

Year Built

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 77%French · 11%

Past 10 years Niakwa Park sales snapshot (~80% of all data)

Sold Count

58

Median price

462k

$/sqft

$384/sqft

Avg build year

1956

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

61.1 is composed by the two sections below.

Property Score

54.4Fair
Living Area1,029 sqft52Fair
Year Built195843Low
Lot Size6,500 sqft85Excellent
Neighbourhood Sales Activity37Low

Community Score

71.2Good
Household Income75Good
Education Level63Fair
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health60Fair

Neighbourhood Sales

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.

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: #46110589

Community deep dive

$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

Population, labour & age

Population (2021)830
Labour force participation rate66%
Median age48.8
Avg household size2.0
Unemployment rate13%
Population density2862 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households37%
Couple families with children16%
Median household income (2020)$76K

Housing

Renter households55%
Condominium dwellings0%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority7%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 76%
Mother tongue (2nd)French · 10%

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

Rankings

Living Area

below average
1,029 sqft
0255075100
Same streetBottom 1%Same areaBottom 3%CitywideBottom 29%
Same street · Chippawa Bay
#15 / 15
Bottom 1% · Avg 1,287 sqft
Same area · Niakwa Park
#151 / 156
Bottom 3% · Avg 1,296 sqft
Citywide · Winnipeg
#138,145 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
358k
0255075100
Same streetBottom 13%Same areaBottom 13%CitywideBottom 49%
Same street · Chippawa Bay
#13 / 15
Bottom 13% · Avg 376.6k
Same area · Niakwa Park
#135 / 156
Bottom 13% · Avg 403.3k
Citywide · Winnipeg
#99,164 / 194,458
Bottom 49% · Avg 390.1k

Year Built

above average
1958
0255075100
Same streetTop 13%Same areaTop 12%CitywideBottom 39%

Lot Size

above average
6,500 sqft
0255075100
Same streetBottom 47%Same areaTop 30%CitywideTop 22%

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

20 Chippawa Bay — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 391 m), 2 parks (nearest 93 m).

Search radius
🏫Education1
🌳Parks2
💪Sports1
🏦Finance1
Worship1

Crime & Safety

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%

Sales History

Sold 11/2024CA$350k–400k
Sold price

Same street

Top 50%

Same area

Top 34%

City-wide

Top 34%
Sold 6/2021CA$300k–350k
Sold price

Same street

Bottom 25%

Same area

Bottom 38%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 20 Chippawa Bay, Winnipeg

Property Overview: 20 Chippawa Bay, Niakwa Park, Winnipeg

Key Characteristics & Appeal

This home at 20 Chippawa Bay is a 1,029 sqft bungalow built in 1958, situated on a 6,500 sqft lot in the established Niakwa Park neighbourhood. Its key appeal lies in its generous, above-average lot size for both the area and the city, offering valuable outdoor space and potential. The home presents a practical opportunity: its assessed value ($358k) is notably below the average for Niakwa Park, suggesting room for modernization that a buyer could tailor to their taste. While the living area is compact compared to nearby homes, this can be an advantage for those seeking lower maintenance without sacrificing yard space.

This property would suit a first-time buyer, an investor, or a downsizer looking for a solid foundation in a mature neighbourhood. It’s ideal for someone comfortable with a home of vintage character who sees potential in the sizable lot—whether for gardening, expansion, or simply enjoying more private outdoor room than is typically available in newer subdivisions. The price point, relative to the area, offers a tangible entry into a desirable community.

Frequently Asked Questions

1. Is the sold price history complete?
The displayed sold price ranges are based on publicly available data. To obtain fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email, as this site does not include MLS records.

2. How does the lot size compare?
The 6,500 sqft lot is a standout feature. It ranks above average within Niakwa Park and city-wide, meaning you get more outdoor space than most comparable properties.

3. The living area seems small. How does it compare?
At 1,029 sqft, the interior is below the average size for homes on its street, in Niakwa Park, and across Winnipeg. This indicates a more compact, efficient layout rather than a sprawling one.

4. What does the assessed value tell me?
The $358k assessment is below the local neighbourhood average. This can signal a valuation that hasn’t kept pace with recent area sales or may reflect the home’s condition, presenting a value-based opportunity for buyers.

5. The home was built in 1958. Is that older than most?
Yes, its 1958 build date is actually newer than most homes on its street and in Niakwa Park, ranking it in the top 12-13% for its area. It’s a relatively younger home in an older, established neighbourhood.

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.