157 Bluewater Crescent

Niakwa Place, Winnipeg

Property score

52.6

Fair

Overall 52.6 · Smaller than most nearby homes

754 sqft (bottom 2%) · Built in 1971 (5 yrs older than avg)

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

Transit 80.0 · 4-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

49% smaller than neighborhood avg.

Year Built

Near average

5 yrs older than neighborhood avg.

Mother tongue

English · 62%French · 16%

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

52.6 is composed by the two sections below.

Property Score

34.1Low
Living Area754 sqft22Low
Year Built197158Fair
Lot Size3,500 sqft46Low
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” (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: #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

below average
754 sqft
0255075100
Same streetBottom 14%Same areaBottom 2%CitywideBottom 6%
Same street · Bluewater Crescent
#93 / 108
Bottom 14% · Avg 1,179 sqft
Same area · Niakwa Place
#670 / 685
Bottom 2% · Avg 1,490 sqft
Citywide · Winnipeg
#181,822 / 194,458
Bottom 6% · Avg 1,342 sqft

Tax-Assessed Value

around average
286k
0255075100
Same streetBottom 35%Same areaBottom 7%CitywideBottom 26%
Same street · Bluewater Crescent
#70 / 108
Bottom 35% · Avg 360k
Same area · Niakwa Place
#637 / 685
Bottom 7% · Avg 446.8k
Citywide · Winnipeg
#144,843 / 194,458
Bottom 26% · Avg 390.1k

Year Built

around average
1971
0255075100
Same streetBottom 47%Same areaTop 44%CitywideTop 47%

Lot Size

below average
3,500 sqft
0255075100
Same streetBottom 20%Same areaBottom 10%CitywideBottom 19%

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

157 Bluewater Crescent — 9 amenities found within 500 m, across 4 categories, including 4 education (nearest 190 m), 2 parks (nearest 133 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 10/2020CA$250k–300k
Sold price

Same street

Bottom 37%

Same area

Bottom 9%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 157 Bluewater Crescent, Winnipeg

Property Overview: 157 Bluewater Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 157 Bluewater Crescent in Niakwa Place is a compact, single-level property built in 1971. With 754 sqft of living space on a 3,500 sqft lot, it is notably smaller than most homes in its immediate area and across Winnipeg. Its assessed value of $286,000 is relatively modest compared to area averages, positioning it as one of the more accessible entry points into the neighbourhood.

The primary appeal lies in its value proposition and location. It offers a chance to own a home in a well-established area at a below-average price point for the community. This could suit first-time buyers seeking affordability in a mature neighbourhood, downsizers looking to right-size without leaving the area, or investors interested in a lower-cost property with renovation potential. A thoughtful perspective is that its smaller scale translates to lower utility costs and less maintenance, which can be a significant long-term advantage. While the home itself is modest, its value is anchored by its place in a desirable location, making it a pragmatic choice for those prioritizing land location over square footage.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others nearby?
This is a compact home. Its living area (754 sqft) is smaller than approximately 86% of homes on its own street and 98% of homes in the wider Niakwa Place area.

2. Is the assessed value in line with the neighbourhood?
The assessed value of $286,000 is below the average for Niakwa Place. It ranks in the top 93% for the area, meaning about 93% of comparable homes in the neighbourhood have a higher assessed value.

3. What is the history of sales for this property?
Records indicate it was last sold in October 2020, with a sale price reported in the range of CA$250,000–$300,000. Exact historical sale figures can be provided upon request.

4. What are the potential considerations due to the home's age?
Built in 1971, the home is of average age for its street but may require attention to aging components like the roof, windows, or major mechanical systems. A thorough inspection is recommended.

5. How does the lot size impact the property?
The 3,500 sqft lot is smaller than most in the area. This means less outdoor maintenance but also limited space for expansions, large decks, or extensive landscaping compared to neighbouring properties.

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