Property score
65.0
Good
Overall 65.0 · Compared with neighbourhood average
1,202 sqft (bottom 40%) · Built in 1955 (1 yr older than avg)
Located in a above-average income area with median household income of ~76k
Transit 74.0 · 3-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
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
37 Cherokee Bay — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 299 m), 2 parks (nearest 136 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 | Bottom 19% | Bottom 12% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 37 Cherokee Bay, Niakwa Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 37 Cherokee Bay is a classic, mid-century property built in 1955, situated on a generous 6,000 sqft lot in the established Niakwa Park neighbourhood. Its key appeal lies in its strong positional value within a desirable area. While the 1,202 sqft living space is comfortably average for the street and city, the property’s assessed value of $426k ranks notably above average for both the immediate street (top 21%) and the wider Niakwa Park area (top 28%). This suggests the home is perceived as a premium offering within its local context, potentially due to factors like lot placement, condition, or specific upgrades not detailed in the raw metrics.
The home would suit buyers looking for a solid, no-surprises investment in a mature neighbourhood. It’s ideal for someone who values a larger lot for gardening or outdoor space, and who appreciates the character and stability of a well-kept post-war community. A thoughtful perspective for a buyer is to consider that its "above-average" assessment for the area could signal either a well-maintained home with updates, or simply a strong baseline for future equity growth in a consistent neighbourhood. Its last known sale was between 2016-2025 in the $250k-$300k range, indicating significant appreciation.
Section 2: Frequently Asked Questions
1. What does the "above average" assessed value really mean for this home?
It means that, compared to similar homes on its street and in Niakwa Park, this property has a higher municipal assessment. This often reflects desirable attributes, but it's wise to verify what specific features (like renovations, a premium lot, or additions) are driving that value.
2. Is the living space sufficient for a growing family?
At 1,202 sqft, the living area is typical for homes of its era in Winnipeg. It provides functional space for a small to medium-sized family, but those needing extensive room for growth may want to consider the potential for expansion, given the sizable lot.
3. How does the lot size compare, and what are the implications?
The 6,004 sqft lot is slightly below the street average but still ranks in the top third city-wide. It offers ample private outdoor space, which is a valuable and increasingly rare asset, providing room for recreation, gardening, or future projects like a deck or shed.
4. As a 1955 build, what should I be mindful of?
Homes from this period may have original systems (like plumbing, electrical, or insulation) that require inspection or updating. However, a well-maintained home from this era often features solid construction and a practical layout. A thorough home inspection is essential.
5. How can I find out the exact historical sale prices?
The provided sold price data is an estimated range from public records. To obtain the exact, verified sale history and figures, you must request a manual lookup via the email service offered on the listing page, as this site does not display proprietary MLS transaction data.
