63.0
Fair
Property score
63.0
Fair
Overall 63.0
Smaller but newer than most nearby homes
1,147 sqft (bottom 17%)
Built in 1957 (1 yr newer than avg)
Located in a above-average income area
with median household income of ~76k
Transit 64.0
8-min walk to transit with 2 nearby routes
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Above average
1 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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63.0 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
29 Iroquois Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 408 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 | Top 29% | Top 7% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 29 Iroquois Bay, Niakwa Park
Key Characteristics & Appeal
This home at 29 Iroquois Bay is a classic, mid-century bungalow built in 1957, situated on a generous, flat lot of just under 6,000 sqft in the established Niakwa Park neighborhood. With 1,147 sqft of living space, it offers a more compact footprint compared to some neighbors, presenting a manageable scale for everyday living and maintenance. The assessed value of $401k aligns closely with averages for the street, area, and wider city, indicating a fairly priced entry point into a desirable area.
The appeal lies in its location and lot. Niakwa Park is known for its mature trees, quiet streets, and strong community feel. This property offers a solid foundation in a neighborhood that often sees less turnover. It would suit a first-time buyer looking for a character home with renovation potential, a downsizer seeking a single-level layout on a sizable lot without excessive square footage, or an investor interested in a well-located property with long-term value in a stable market. A thoughtful perspective is that while the home's size is below the immediate area's average, this can mean lower utility costs and property taxes relative to larger homes on the street, offering efficiency without sacrificing the premium lot size and location.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 1,147 sqft, the living area is somewhat smaller than the average for both Iroquois Bay and Niakwa Park. This suggests a cozier, more efficient layout compared to many neighboring homes, which often range closer to 1,300 sqft.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $401k is very close to the local and city-wide averages for comparable homes. While the final sale price is determined by the market, this assessment indicates the home is not an outlier and is positioned within a standard range for the area.
3. What does the sold price data from late 2023 indicate?
The home sold for an estimated $450k-$500k in December 2023. This recent transaction provides a concrete benchmark for its market value at that time, showing activity and demand for homes on this street.
4. As a home built in 1957, what should I consider?
Built in the late 1950s, the home is of an age where core systems like plumbing, electrical, and the roof may be due for updates or have been partially updated over time. A thorough inspection is recommended to understand the condition and any potential investments needed for modernization.
5. How does the lot size compare?
The 5,999 sqft lot is slightly below the street average but remains a very substantial size for the city overall. It offers ample outdoor space for gardening, recreation, or potential expansion, which is a key feature of properties in this neighborhood.
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