Property score
66.4
Good
Overall 66.4 · Newer than most nearby homes
1,240 sqft (top 45%) · Built in 1959 (3 yrs newer than avg)
Located in a above-average income area with median household income of ~76k
Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, 1 sports facility, and 1 bank/ATM nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Above average
3 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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66.4 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
41 Pawnee Bay — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 475 m), 1 parks (nearest 249 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 40% | Bottom 38% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 41 Pawnee Bay, Niakwa Park
Key Characteristics & Appeal
This home presents a compelling value proposition in the well-established Niakwa Park neighbourhood. Built in 1959, it is a slightly newer construction compared to many of its immediate peers, which may suggest updated infrastructure or materials. The primary appeal lies in its generous 7,340 sqft lot, which is notably larger than average for the street, area, and city, offering significant outdoor space and potential in a mature setting.
The living area of 1,240 sqft is comfortably in the mid-range for the locale, suitable for a smaller family or empty-nesters. A key financial perspective is its assessed value of $343k, which sits below the average for Pawnee Bay and Niakwa Park. This creates an interesting dynamic: it could represent an entry point into a desirable area, potentially offering room for value-adding improvements. The home last sold between $300k-$350k in 2021.
This property would best suit a buyer who prioritizes land size over a large interior footprint, values the character and stability of a mature neighbourhood like Niakwa Park, and is potentially looking for a home where they can build equity through thoughtful updates. It’s a practical choice for those who see the value in a solid foundation—both literally in its lot and figuratively in its below-average assessment for the area.
Frequently Asked Questions
1. Why is the assessed value notably lower than the street and area averages?
While the exact reasons aren't specified, a lower assessment compared to neighbours can stem from factors like a more modest interior finish, a layout that hasn't been modernized, or simply the timing of the last assessment. It's important to verify the condition and features through a viewing and consider a current market evaluation.
2. What are the implications of the home being built in 1959?
As a home from the late 1950s, it likely has good structural bones but may require updates to major systems like plumbing, electrical, or windows. Its slightly newer age compared to immediate neighbours could be an advantage, but a thorough inspection is always recommended for homes of this era.
3. How does the large lot size benefit a buyer?
The above-average lot provides ample space for gardening, recreation, and outdoor living. It also offers potential for future expansions like a deck, garage, or shed, subject to local bylaws. In established neighbourhoods, larger lots are a finite resource and add long-term value.
4. The sold price data is from 2021 and shown as a range. How can I get precise current market context?
The provided sold price is several years old and presented as a broad range for non-registered users. For an accurate understanding of today's market value, you should request the exact historical figures via the site's email service and consult with a local real estate professional for a comparative market analysis.
5. Is the "around average" living area a drawback?
Not necessarily. At 1,240 sqft, it provides typical space for the area. For many buyers, this is a manageable size that balances comfortable living with easier maintenance and lower utility costs, making the larger lot the standout feature.
