103 Fallbrook Bay

Niakwa Place, Winnipeg

Property score

71.5

Good

Overall 71.5 · Older than most nearby homes

1,158 sqft (bottom 37%) · Built in 1969 (7 yrs older than avg)

Located in a high-income area with median household income of ~114k

Transit 82.0 · 6-min walk to transit with 5 nearby routes · Within 500m: 2 schools, 1 shop, 1 park, and 1 place of worship nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 75%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

71.5 is composed by the two sections below.

Property Score

60.9Fair
Living Area1,158 sqft60Fair
Year Built196952Fair
Lot Size6,370 sqft81Excellent
Neighbourhood Sales Activity48Low

Community Score

87.5Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110584

Community deep dive

$114K

Median household income

$127K

Average household income

1%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

15%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)633
Labour force participation rate64%
Median age44.4
Avg household size2.8
Unemployment rate8%
Population density2532 / km²

Households & income

Low income (LIM-AT, % pop.)1%
Single-person households15%
Couple families with children40%
Median household income (2020)$114K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority20%
Bachelor's or higher (25–64)42%
Mother tongue (1st)English · 75%
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
1,158 sqft
0255075100
Same streetTop 38%Same areaBottom 37%CitywideBottom 46%
Same street · Fallbrook Bay
#17 / 45
Top 38% · Avg 1,142 sqft
Same area · Niakwa Place
#434 / 685
Bottom 37% · Avg 1,490 sqft
Citywide · Winnipeg
#105,066 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
357k
0255075100
Same streetBottom 33%Same areaBottom 28%CitywideBottom 49%
Same street · Fallbrook Bay
#30 / 45
Bottom 33% · Avg 378.4k
Same area · Niakwa Place
#490 / 685
Bottom 28% · Avg 446.8k
Citywide · Winnipeg
#99,832 / 194,458
Bottom 49% · Avg 390.1k

Year Built

Elite
1969
0255075100
Same streetTop 4%Same areaBottom 25%CitywideTop 49%

Lot Size

above average
6,370 sqft
0255075100
Same streetBottom 33%Same areaBottom 38%CitywideTop 24%

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

103 Fallbrook Bay — 5 amenities found within 500 m, across 4 categories, including 2 education (nearest 215 m), 1 shopping (nearest 429 m), 1 parks (nearest 430 m).

Search radius
🏫Education2
🛒Shopping1
🌳Parks1
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 1/2018CA$250k–300k
Sold price

Same street

Bottom 23%

Same area

Bottom 21%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 103 Fallbrook Bay, Winnipeg

Property Overview: 103 Fallbrook Bay, Niakwa Place, Winnipeg

Key Characteristics & Appeal

This is a well-established, mid-century home built in 1969, situated on a generous 6,370 sqft lot in the Niakwa Place neighborhood. With 1,158 sqft of living space and an assessed value of $357k, it presents as a solid, average-sized property within its immediate street context. Its primary appeal lies in its balance and established nature. The lot size is notably above average city-wide, offering good outdoor space potential for a home of this vintage. A unique point is that, for its street, it is one of the "newer" homes (ranking in the top 4%), suggesting it may have benefitted from updates or construction techniques slightly later than its direct neighbors.

The property would suit practical, value-conscious buyers such as first-time homeowners looking for a manageable footprint in a mature area, or downsizers seeking a single-level layout (common for this era) with a low-maintenance yard. It’s not a standout in terms of size or assessed value within its broader area, so it appeals to those prioritizing a stable, grounded purchase over luxury or immediate high equity.


Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value is below the average for the wider Niakwa Place area but is around average for its specific street and for Winnipeg overall. This suggests it may offer relative value within a desirable neighborhood.

2. What should I consider about a home built in 1969?
While major systems like roof, windows, plumbing, and electrical may have been updated, a home of this age will likely have a mix of original and renovated elements. A thorough inspection is essential to understand the condition of these core components.

3. The lot is large city-wide but average for the area. What does that mean?
It means you get a substantial yard compared to many Winnipeg homes, which is a great asset. However, within Niakwa Place, lot sizes tend to be generous, so your property will feel consistent with the neighborhood’s character of spacious, suburban-style lots.

4. The last sold price shown is from 2018. How can I get accurate, recent sales data?
The site notes that exact sold prices and full transaction history are not displayed online due to industry rules. You can request this information directly via email from the site provider for a manual lookup.

5. What is the significance of it being a "newer" home on its street?
Ranking in the top 4% for year built on Fallbrook Bay indicates most houses on the block are older. This could imply slightly different construction materials or layouts for its time, and potentially that previous owners faced fewer issues related to very early building standards in the area.

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