27 Cherokee Bay

Niakwa Park, Winnipeg

Property score

67.1

Good

Overall 67.1 · Newer than most nearby homes

1,272 sqft (top 36%) · Built in 1958 (2 yrs newer than avg)

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

Transit 74.0 · 4-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

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

67.1 is composed by the two sections below.

Property Score

64.3Fair
Living Area1,272 sqft66Good
Year Built195843Low
Lot Size9,824 sqft95Excellent
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

above average
1,272 sqft
0255075100
Same streetTop 21%Same areaTop 36%CitywideTop 44%
Same street · Cherokee Bay
#8 / 38
Top 21% · Avg 1,210 sqft
Same area · Niakwa Park
#56 / 156
Top 36% · Avg 1,296 sqft
Citywide · Winnipeg
#84,717 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
434k
0255075100
Same streetTop 13%Same areaTop 23%CitywideTop 31%
Same street · Cherokee Bay
#5 / 38
Top 13% · Avg 390k
Same area · Niakwa Park
#36 / 156
Top 23% · Avg 403.3k
Citywide · Winnipeg
#60,733 / 194,458
Top 31% · Avg 390.1k

Year Built

Elite
1958
0255075100
Same streetTop 3%Same areaTop 12%CitywideBottom 39%

Lot Size

above average
9,824 sqft
0255075100
Same streetTop 8%Same areaTop 6%CitywideTop 6%

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

27 Cherokee Bay — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 201 m), 2 parks (nearest 227 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 9/2024CA$450k–500k
Sold price

Same street

Top 13%

Same area

Top 14%

City-wide

Top 21%

Related homes

Highlights & common questions: 27 Cherokee Bay, Winnipeg

Property Overview: 27 Cherokee Bay, Niakwa Park, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This home at 27 Cherokee Bay presents a compelling opportunity in Winnipeg's Niakwa Park neighbourhood. Its key characteristic is a notably generous lot of approximately 9,824 square feet, which ranks within the top 6-8% of properties both locally and citywide. This offers exceptional outdoor space potential, a rarity in many established areas. The house itself, built in 1958, is one of the newer homes on its street, with a living area of 1,272 sq ft that is above average for the immediate block.

The appeal lies in this combination of a spacious, private lot with a solid, mid-century home in a mature neighbourhood. The assessed value of $434k positions it above average for the street and area, suggesting it is a well-regarded property within its context. It suits buyers who prioritize land size and established community character over a brand-new build. It would be ideal for someone looking for room for gardens, play, or future additions, and who appreciates a home that stands out positively in its immediate peer group for lot size and relative age.

Frequently Asked Questions

1. How does the lot size compare to typical Winnipeg homes?
The lot is significantly larger than average, ranking in the top 6% citywide. It's nearly 50% larger than the average city lot of about 6,570 sq ft.

2. Is the house older than most in Winnipeg?
While built in 1958, it is actually slightly newer than the average home in both Niakwa Park and on its own street. Citywide, its age is fairly typical for Winnipeg's housing stock.

3. What does the "above average" assessed value mean for the area?
An assessed value of $434k is above the average for Cherokee Bay and Niakwa Park. This typically reflects the property's attributes—like its large lot and newer construction date for the street—relative to its neighbours, not just raw market price.

4. Where can I see exact historical sold prices for this property?
The site provides sold price ranges for context. To obtain fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.

5. How does the living space compare inside?
At 1,272 sq ft, the living area is comfortably above average for homes on Cherokee Bay, but is generally comparable to the typical size of homes in the wider Niakwa Park area and across the city.

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.