62.1
Fair
Property score
62.1
Fair
Overall 62.1
Smaller than most nearby homes
1,158 sqft (bottom 19%)
Built in 1955 (1 yr older than avg)
Located in a above-average income area
with median household income of ~76k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, 2 parks, 1 sports facility, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
11% 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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62.1 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
6 Cherokee Bay — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 316 m), 2 parks (nearest 177 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 25% | Top 36% | Top 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 6 Cherokee Bay, Niakwa Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 6 Cherokee Bay is a quintessential, well-established property in the Niakwa Park neighbourhood. Built in 1955, it sits on a generous, roughly 6,000 sqft lot, offering more outdoor space than many city-wide comparables. With 1,158 sqft of living area, the interior is slightly more compact than others on its street and in the immediate area, suggesting a efficient layout that prioritizes its substantial lot size.
Its core appeal lies in its position as a solid, average-value offering in a desirable neighbourhood. The assessed value of $398k is consistently around the average mark for Cherokee Bay, Niakwa Park, and Winnipeg as a whole, indicating a stable and fair market positioning. This isn't a standout in sheer size or modern luxury, but rather a grounded opportunity in a prime location. The home suits buyers looking for a manageable footprint with a great yard in a mature community—perfect for a small family, downsizers, or an investor seeking a character property with redevelopment potential on a large lot. A thoughtful perspective is that its "average" metrics across the board could be a strength, representing a lower-risk entry into the area without the premium price of a top-tier property on the street.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,158 sqft, the living area is below the average for both Cherokee Bay and the Niakwa Park area. This suggests the home may have a more compact or traditional layout compared to some neighbours, with the trade-off being a larger-than-average city lot.
2. Is the assessed value in line with the neighbourhood?
Yes. The $398k assessment is very close to the average value for homes on Cherokee Bay ($390k) and in Niakwa Park overall ($403k), indicating it is priced consistently within its market context.
3. What is the potential for expansion or redevelopment?
The 5,999 sqft lot is a key asset, as it is larger than many city-wide lots. This provides valuable outdoor space and could offer future potential for additions, a garden suite (subject to zoning), or landscaping projects that a smaller lot would not allow.
4. When was it last sold, and for how much?
Public records indicate it sold in July 2021. To protect privacy and ensure accuracy, exact sold prices are not published online. You can request the verified sale history directly via the email option provided on the listing page.
5. How does the age of the home factor in?
Built in 1955, it is typical for the neighbourhood. Buyers should anticipate the maintenance and potential update needs common to homes of this era, while also appreciating the character and established streetscape it contributes to.
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