1-66 Willowlake Crescent

Niakwa Place, Winnipeg

Property score

76.9

Good

Overall 76.9 · Newer than most nearby homes

1,326 sqft (bottom 39%) · Built in 2001 (3 yrs newer than avg)

Located in a high-income area with median household income of ~93k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 4 schools, 2 parks, 1 sports facility, and 2 place of worships nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 62%French · 16%

Past 10 years Niakwa Place sales snapshot (~80% of all data)

Sold Count

24

Median price

620k

$/sqft

$348/sqft

Avg build year

1998

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Property score

76.9 is composed by the two sections below.

Property Score

74.6Good
Living Area1,326 sqft71Good
Year Built200187Excellent
Neighbourhood Sales Activity48Low

Community Score

80.3Excellent
Household Income82Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health60Fair

Neighbourhood Sales

Niakwa Place

How to read: Share of sales in each ~$50k price band for “niakwa place” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110585

Community deep dive

$93K

Median household income

$91K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

25%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)468
Labour force participation rate60%
Median age45.6
Avg household size2.4
Unemployment rate9%
Population density1872 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households25%
Couple families with children28%
Median household income (2020)$93K

Housing

Renter households30%
Condominium dwellings7%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority19%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 62%
Mother tongue (2nd)French · 16%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,326 sqft
0255075100
Same streetTop 45%Same areaBottom 39%CitywideTop 18%
Same street · Willowlake Crescent
#18 / 40
Top 45% · Avg 1,432 sqft
Same area · Niakwa Place
#35 / 57
Bottom 39% · Avg 1,518 sqft
Citywide · Winnipeg
#4,779 / 26,841
Top 18% · Avg 1,042 sqft

Tax-Assessed Value

above average
332k
0255075100
Same streetBottom 25%Same areaBottom 18%CitywideTop 22%
Same street · Willowlake Crescent
#30 / 40
Bottom 25% · Avg 421.8k
Same area · Niakwa Place
#47 / 57
Bottom 18% · Avg 456.3k
Citywide · Winnipeg
#5,840 / 26,841
Top 22% · Avg 256.1k

Year Built

Elite
2001
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 41%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

1-66 Willowlake Crescent — 9 amenities found within 500 m, across 4 categories, including 4 education (nearest 189 m), 2 parks (nearest 182 m).

Search radius
🏫Education4
🌳Parks2
💪Sports1
Worship2

Crime & Safety

Niakwa Place · WPS public data · 2025

Annual incidents

38

2025

vs. city avg

+29%

relative to avg

Year-over-year

-3%

vs. prior year

Primary type

Property

87%

Sales History

Sold 10/2016CA$250k–300k
Sold price

Same street

Bottom 20%

Same area

Bottom 12%

City-wide

Top 30%

Related homes

Highlights & common questions: 1-66 Willowlake Crescent, Winnipeg

Property Overview: 1-66 Willowlake Crescent, Niakwa Place, Winnipeg

Key Characteristics & Appeal

This home presents a compelling value proposition rooted in its context. At 1,326 sqft, it offers above-average space for Winnipeg overall, though it is slightly more modest compared to its immediate neighbours in Niakwa Place. Built in 2001, it is one of the newest homes on its street and in the local area, suggesting potentially lower maintenance needs and more modern building standards than many nearby properties.

The primary appeal lies in its assessed value of $332k. While this is below average for Willowlake Crescent and Niakwa Place, it positions the home as a more accessible entry point into this established neighbourhood. City-wide, this value is above average, indicating you get more house for your dollar here than in many other parts of Winnipeg. The last known sale was between 2016-2021 in the $250k-$300k range.

This property would suit a practical buyer looking for a well-sized, relatively modern home in a mature neighbourhood without paying the premium typical for the immediate area. It’s ideal for first-time buyers or downsizers seeking space and newer construction, who are comfortable with a home that may be more humble in scope or valuation compared to its direct neighbours but stands out favourably in the broader market.

Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The data suggests it is. The assessed value is notably below the street and area averages, meaning you may acquire a newer home here for less than the typical cost in Niakwa Place, while still gaining the neighbourhood's benefits.

2. How does the living space compare?
The home is spacious by city-wide standards (top 18%) but slightly smaller than the average on its street. It offers ample room for a family or home office, but may not be the largest floor plan available in the immediate vicinity.

3. What does the "Elite" ranking for year built mean?
It means this home, built in 2001, is among the very newest (top 2-3%) on its street and in the Niakwa Place area. This is a significant advantage, potentially reducing near-term repair costs for major aging components like roofs or windows.

4. Why is the assessed value lower than neighbours'?
While the exact reasons aren't specified, a lower assessment can stem from a combination of factors including the home's specific size, layout, finishes, and lot characteristics compared to others. It doesn't necessarily reflect condition, especially given its newer build date.

5. How can I find out the exact past sale price?
The site provides sold price ranges for non-members. To obtain the exact historical sale figures, you must request a manual lookup via email from the site administrators, as they do not display MLS data directly.

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