Property score
54.6
Fair
Overall 54.6 · Smaller than most nearby homes
875 sqft (bottom 10%) · Built in 1971 (5 yrs older than avg)
Located in a above-average income area with median household income of ~86k
Transit 88.0 · 1-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
41% 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)
228
303.7k
$288/sqft
1976
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54.6 is composed by the two sections below.
Property Score
Community Score
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.
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: #46111143
$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
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
16 Bluewater Crescent — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 96 m), 3 parks (nearest 258 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Bottom 6% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
16 Bluewater Crescent is a well-established 875 sqft bungalow built in 1971, situated on a 3,658 sqft lot in Winnipeg's Niakwa Place neighbourhood. With an assessed value of $285,000, it presents a specific value proposition within its market.
This home’s primary appeal lies in its position as a more affordable entry point into a mature, desirable neighbourhood. While its living space is notably smaller than most homes in Niakwa Place, this translates to a lower assessed value, placing it in a different price tier than many area properties. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance footprint in a solid community without the premium price tag of a larger family home.
A thoughtful perspective is its relative value on its own street. Compared to Bluewater Crescent specifically, the home is much closer to the average for size and value, suggesting it fits the local streetscape well. This indicates you're buying into the specific location rather than an outlier. The lot, while smaller than the neighbourhood average, still provides decent outdoor space for a home of this size. The 1971 build date means potential buyers should budget for updates common to homes of that era, but it also avoids the premium often attached to newer constructions.
1. Is this a good value for the neighbourhood?
It represents a lower price point than the Niakwa Place average, which is significantly higher. You are paying less for a smaller, older home to gain access to the neighbourhood.
2. What should I consider about the home’s size?
At 875 sqft, the living area is compact. It’s crucial to assess if the layout meets your spatial needs, as it ranks well below the area average of nearly 1,500 sqft.
3. How does the lot size impact the property?
The lot is under 4,000 sqft, which is smaller than typical for the area. This means less yard maintenance but also less private outdoor space compared to many neighbours.
4. What does the 2019 sale price tell us?
The home sold for an estimated $200k-$250k in 2019. The current $285k assessment suggests a significant increase in value over five years, reflecting broader market trends.
5. Where can I get verified sale price history?
The site notes that exact sold prices are not displayed publicly due to industry rules. You must request this information directly via email for a manually verified report.
