Property score
59.3
Fair
Overall 59.3 · Smaller than most nearby homes
1,090 sqft (bottom 10%) · Built in 1955 (1 yr older than avg)
Located in a above-average income area with median household income of ~76k
Transit 82.0 · 1-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
16% smaller than neighborhood avg.
Year Built
Below average
1 yrs older 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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59.3 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
3 Cherokee Bay — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 342 m), 2 parks (nearest 209 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 19% | Top 26% | Top 32% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 3 Cherokee Bay, Niakwa Park, Winnipeg
Key Characteristics & Appeal
This is a modest, well-established bungalow in the desirable Niakwa Park neighbourhood. Built in 1955, the home offers 1,090 sqft of living space on a roughly 6,000 sqft lot. The data reveals a clear narrative: this property sits at a more accessible entry point within its prestigious area. Its assessed value ($328k) is notably below the averages for both its street and neighbourhood, yet it aligns closely with the wider Winnipeg average. This presents a key opportunity—the chance to secure a home in a sought-after community at a value-oriented price point, often appealing to those who prioritize location over sheer size.
The appeal lies in its potential. It suits a first-time buyer looking to enter a stable, mature neighbourhood, or a downsizer seeking a manageable property in a familiar area. It’s also a sensible option for an investor or renovator who sees value in the lot location and is prepared to update a home of this vintage. A less obvious perspective is that a smaller home on a decent lot in such an area can offer a balanced lifestyle with less maintenance than larger estates on the street, while still providing the benefits of the community.
Frequently Asked Questions
1. Is this a good value for Niakwa Park?
The data suggests it is. The home’s assessed value is in the bottom 3% for the neighbourhood, meaning it is priced significantly below area comparables. This indicates a lower entry cost to access this specific community.
2. How does the home’s size compare to others?
At 1,090 sqft, the living area is below the average for both Cherokee Bay and Niakwa Park. It is a compact bungalow, which is reflected in its value positioning. Buyers should expect a cozy, efficient layout typical of its era.
3. What can past sale prices tell us?
The home sold in 2022 for an estimated $400k-$450k and in 2017 for $250k-$300k. The 2022 sale price was above the current assessed value, which is common, but it provides a recent market benchmark. Exact figures can be requested from the site.
4. Is the lot size typical?
The lot is just under 6,000 sqft, which is below average for the immediate area but very close to the city-wide average. It offers standard suburban outdoor space but is not as expansive as some others on the street.
5. How can I get verified sale price history?
Due to industry regulations, exact sold prices are not displayed publicly on the site. You can request the full transaction history via email, and the team will provide the verified figures manually at no cost.
