10 Farnham Road

Niakwa Place, Winnipeg

Property score

61.3

Fair

Overall 61.3 · Smaller than most nearby homes

972 sqft (bottom 13%) · Built in 1971 (5 yrs older than avg)

Located in a above-average income area with median household income of ~86k

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

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Near average

5 yrs older than neighborhood avg.

Mother tongue

English · 73%French · 10%

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

Sold Count

228

Median price

303.7k

$/sqft

$288/sqft

Avg build year

1976

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Property score

61.3 is composed by the two sections below.

Property Score

51.3Fair
Living Area972 sqft42Low
Year Built197158Fair
Lot Size6,472 sqft81Excellent
Neighbourhood Sales Activity48Low

Community Score

76.3Good
Household Income79Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health42Low

Neighbourhood Sales

Niakwa Place

How to read: Share of sales in each ~$50k price band for “niakwa place” (Detached houses (non-condo), 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: #46111143

Community deep dive

$86K

Median household income

$123K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

26%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)1,624
Labour force participation rate50%
Median age54.0
Avg household size2.3
Unemployment rate8%
Population density1353 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households26%
Couple families with children21%
Median household income (2020)$86K

Housing

Renter households42%
Condominium dwellings11%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority15%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 9%

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

Rankings

Living Area

around average
972 sqft
0255075100
Same streetBottom 42%Same areaBottom 13%CitywideBottom 23%
Same street · Farnham Road
#11 / 19
Bottom 42% · Avg 983 sqft
Same area · Niakwa Place
#595 / 685
Bottom 13% · Avg 1,490 sqft
Citywide · Winnipeg
#149,103 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
368k
0255075100
Same streetBottom 42%Same areaBottom 33%CitywideTop 48%
Same street · Farnham Road
#11 / 19
Bottom 42% · Avg 371.4k
Same area · Niakwa Place
#457 / 685
Bottom 33% · Avg 446.8k
Citywide · Winnipeg
#92,574 / 194,458
Top 48% · Avg 390.1k

Year Built

above average
1971
0255075100
Same streetTop 11%Same areaTop 44%CitywideTop 47%

Lot Size

above average
6,472 sqft
0255075100
Same streetTop 32%Same areaBottom 43%CitywideTop 23%

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

10 Farnham Road — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 191 m), 3 parks (nearest 323 m).

Search radius
🏫Education3
🌳Parks3
💪Sports1
Worship1

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 7/2023CA$300k–350k
Sold price

Same street

Top 33%

Same area

Bottom 49%

City-wide

Top 49%
Sold 3/2017CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 14%

City-wide

Bottom 30%

Related homes

Highlights & common questions: 10 Farnham Road, Winnipeg

Property Overview: 10 Farnham Road, Niakwa Place, Winnipeg

Key Characteristics & Appeal

This home at 10 Farnham Road is a well-situated property in Winnipeg's Niakwa Place neighbourhood, built in 1971. With 972 square feet of living space, it offers a manageable footprint for efficient living. Its key appeal lies in its generous 6,472 square foot lot, which ranks above average city-wide, offering significant outdoor space and potential not always found with homes of this size. The assessed value of $368,000 is consistently around the average for its immediate street, the broader Niakwa Place area, and the city overall, suggesting a stable and fair market positioning.

The property would suit first-time buyers or downsizers looking for a solid, single-family home in an established neighbourhood without the upkeep of a larger house. The sizable lot is a standout feature for those who value garden space, privacy, or future expansion possibilities. Its recent sale history indicates steady market interest, making it a practical choice for value-conscious buyers seeking a grounded investment in a mature community.


Frequently Asked Questions

1. How does the home's size compare to others in the area?
At 972 sq ft, the living area is slightly below the average for the Niakwa Place neighbourhood, but is very typical for homes on Farnham Road itself. This suggests a cozy, efficient layout rather than an unusually small property for its specific location.

2. Is the assessed value in line with recent sale prices?
The current assessed value is $368,000. The home last sold in July 2023 for between $300,000 and $350,000. For exact historical sale figures, a manual lookup can be requested through the site.

3. What does the lot size mean for a potential buyer?
The lot of 6,472 sq ft is a notable asset, ranking above the city-wide average. This provides more yard space than many urban lots, which could be ideal for gardening, recreation, or future projects like a shed or deck.

4. How does the year built affect this property?
Built in 1971, this home is among the newer properties on its street. Buyers should anticipate maintenance and updates consistent with a home of this age, but it may have benefited from more modern construction standards than some older neighbours.

5. Are sold prices for nearby properties available for comparison?
Yes, the page lists nearby and similarly valued properties for reference. For fully verified, exact sold prices and a complete transaction history, a manual email request is required due to industry data regulations.

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