Property score
65.0
Good
Overall 65.0 · Compared with neighbourhood average
1,200 sqft (bottom 37%) · Built in 1955 (1 yr older 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
Below average
7% 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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65.0 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
3 Mohawk Bay — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 341 m), 2 parks (nearest 90 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 17% | Top 22% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 10% | Top 9% | Top 18% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 9% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Key Characteristics, Appeal & Ideal Buyer
This home at 3 Mohawk Bay is a classic 1955-built bungalow in the established Niakwa Park neighbourhood. With 1,200 sqft of living space and a 6,000 sqft lot, its physical footprint is comfortably average for the area. The true standout is its assessed value of $499,000, which ranks in the top 10% on its street and an elite top 4% within Niakwa Park. This significant premium suggests a property that has been well-maintained, updated, or offers intangible benefits not captured in square footage alone.
The appeal lies in its position within a desirable, mature neighbourhood, offering a substantial lot with room for gardens or expansion. Its value ranking indicates a home that likely outperforms its peers in finish quality, condition, or specific location advantages on the bay. This property would best suit a buyer who values neighbourhood character over new construction, understands the value of a premium lot, and is looking for a home that already holds above-average equity for its area. It’s a solid choice for someone ready to live in an established community without compromising on perceived value and investment strength.
Frequently Asked Questions
1. Why is the assessed value so high compared to the home’s size and age?
The assessment is based on the property's market value as determined by municipal assessors. A value ranking in the top 4% of the neighbourhood suggests factors like significant updates, a premium lot location, superior condition, or unique features that justify the valuation beyond basic size and age metrics.
2. What does the sale history tell us about the property’s market trajectory?
The home sold in the $450k-$500k range in both 2017 and 2020. This price stability over three years, culminating in the current $499k assessment, indicates a property that has held its value well in a strong market, rather than experiencing volatile swings.
3. Is a 71-year-old home a concern for maintenance?
While the age implies potential for older components, the sustained high value suggests proactive upkeep. A key consideration would be the scope and quality of any renovations (like roofing, plumbing, electrical, or insulation) completed over the years, which a thorough inspection would clarify.
4. How does the lot size compare, and what are the possibilities?
At 6,000 sqft, the lot is slightly below the street average but remains generous. It offers ample outdoor space and potential for additions like a garage, deck, or garden. Its "around average" ranking means it provides the established neighbourhood standard without being oversized.
5. How reliable is the provided sold price data?
The displayed sold prices are estimated ranges from public records, not the official MLS. For fully verified and exact sale figures, you must request a manual lookup from the site, which they provide via email. This is a common practice for sites not directly affiliated with real estate boards.
