22 Iroquois Bay

Niakwa Park, Winnipeg

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

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)

Sold Count

58

Median price

462k

$/sqft

$384/sqft

Avg build year

1956

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Property score

65.8 is composed by the two sections below.

Property Score

62.2Fair
Living Area1,240 sqft66Good
Year Built195843Low
Lot Size6,499 sqft81Excellent
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

around average
1,240 sqft
0255075100
Same streetBottom 45%Same areaTop 45%CitywideTop 46%
Same street · Iroquois Bay
#16 / 29
Bottom 45% · Avg 1,312 sqft
Same area · Niakwa Park
#70 / 156
Top 45% · Avg 1,296 sqft
Citywide · Winnipeg
#90,269 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
477k
0255075100
Same streetTop 14%Same areaTop 10%CitywideTop 24%
Same street · Iroquois Bay
#4 / 29
Top 14% · Avg 408.4k
Same area · Niakwa Park
#15 / 156
Top 10% · Avg 403.3k
Citywide · Winnipeg
#45,953 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1958
0255075100
Same streetTop 34%Same areaTop 12%CitywideBottom 39%

Lot Size

above average
6,499 sqft
0255075100
Same streetTop 38%Same areaTop 39%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

22 Iroquois Bay — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 390 m).

Search radius
🌳Parks2
💪Sports1

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 9/2021CA$350k–400k
Sold price

Same street

Bottom 43%

Same area

Top 38%

City-wide

Top 36%
Sold 5/2017CA$350k–400k
Sold price

Same street

Bottom 29%

Same area

Top 45%

City-wide

Top 40%

Related homes

Highlights & common questions: 22 Iroquois Bay, Winnipeg

Property Overview

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.

Key Characteristics & 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.


Frequently Asked Questions

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.

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