65.8
Good
Property score
65.8
Good
Overall 65.8
Newer than most nearby homes
1,240 sqft (top 45%)
Built in 1958 (2 yrs newer than avg)
Located in a above-average income area
with median household income of ~76k
Transit 60.0
9-min walk to transit with 3 nearby routes
Within 500m: 2 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
4% 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)
58
462k
$384/sqft
1956
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
Free · No credit card required
65.8 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
22 Iroquois Bay — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 390 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 43% | Top 38% | Top 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 29% | Top 45% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
22 Iroquois Bay is a well-established home in Winnipeg's Niakwa Park neighbourhood. Built in 1958, it offers 1,240 sqft of living space on a generous 6,499 sqft lot. The data suggests a property that holds its value strongly within its immediate area, presenting a blend of classic character and solid investment appeal.
This home’s primary appeal lies in its position as a stable and above-average asset within a desirable neighbourhood. While its living space is comfortably in the middle range for the area, its assessed value of $477k stands out, ranking in the top 14% on its own street and the top 10% in Niakwa Park. This indicates a property that is valued more highly than many of its direct peers, often a sign of premium lot location, updates, or unique attributes not captured in square footage alone.
The lot size is a significant feature, offering more space than the average city lot and providing room for gardens, recreation, or expansion. As a home from the late 1950s, buyers should anticipate the charm and potential renovation projects typical of the era, but it is notably newer than many homes in the wider city.
This property would best suit a buyer looking for a established neighbourhood with a sense of space. It’s ideal for someone who values a larger yard over a maximized interior footprint and is comfortable with a home of this vintage. It appeals to the practical investor or homeowner who appreciates a property that demonstrably outperforms its local market in assessed value, suggesting a strong foundation for long-term equity.
1. Why is the assessed value so much higher than the area average?
The assessed value ranks in the top 10% for Niakwa Park, significantly above the local average of approximately $403k. This premium can be influenced by factors like the lot's desirability, specific location on the bay, significant improvements, or a combination of attributes that the assessment model recognizes.
2. What should I know about a house built in 1958?
Homes from this period often feature solid construction but may require updates to major systems like plumbing, electrical, or insulation to meet modern standards and efficiency. A thorough inspection is recommended to understand the condition of the roof, foundation, and any original components.
3. How does the lot size compare?
At 6,499 sqft, the lot is above the city-wide average. It provides substantial outdoor space, which is a growing rarity and a key asset. On Iroquois Bay itself, it is slightly below the street average but remains a very generous parcel.
4. What do the past sale prices indicate?
The home sold previously in 2017 and 2021, with recorded prices in the $350k-$400k range. The current assessed value being notably higher suggests a strong appreciation trend or significant changes since the last sale, which should be investigated.
5. How can I get the exact historical sale prices?
The public data shows price ranges. To obtain the exact sale figures and a verified transaction history, you must request a manual lookup from the site provider via email, as this data is not sourced from the MLS.
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.
