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 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 4 schools, 2 parks, 1 sports facility, and 3 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)
228
303.7k
$288/sqft
1976
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
52.6 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: #46110585
$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
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
175 Bluewater Crescent — 10 amenities found within 500 m, across 4 categories, including 4 education (nearest 214 m), 2 parks (nearest 143 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 | Top 44% | Bottom 21% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 175 Bluewater Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 175 Bluewater Crescent in Niakwa Place is a compact, 754 sqft bungalow built in 1971, situated on a 3,780 sqft lot. Its primary appeal lies in its position as a more affordable entry point into the Winnipeg market, particularly within its neighbourhood. The home’s assessed value of $269k is notably below the averages for both its immediate street and the wider Niakwa Place area, suggesting a potentially lower property tax burden and an opportunity for buyers mindful of budget.
The property would suit first-time homebuyers, downsizers, or investors seeking a lower-cost holding with renovation potential. Its smaller size and lot offer manageable upkeep, which is a distinct advantage for those seeking simplicity. A thoughtful perspective is that while the living space is modest compared to area norms, this can translate to efficient, cost-effective living without excess. The home’s age is typical for the area, indicating a mature streetscape but also implying that updates may be needed. Its value proposition is clear: it trades square footage for location and affordability within a established community.
Section 2: Frequently Asked Questions
1. Is this a good value compared to other homes nearby?
The data indicates it is priced below average for the area. Its assessed value ranks in the bottom 10% within Niakwa Place, meaning you are paying less upfront and likely in annual property taxes compared to neighbours, though the home is also smaller and older than most in the neighbourhood.
2. What should I consider about the size of the home and lot?
At 754 sqft, the living area is significantly smaller than the neighbourhood average (approx. 1,490 sqft). This requires efficient use of space. The lot, while average for its street, is smaller than most in the wider area, which means lower maintenance but also limited room for expansion.
3. How does the recent sold price compare to the assessed value?
The home sold in March 2025 for between $250,000 and $300,000. This sale price range aligns closely with its $269,000 assessed value, suggesting the sale was likely at or near market value at that time.
4. What might be less obvious about owning an older, smaller home in this area?
While updates may be required, a home from this era often features simpler mechanical systems and layouts that can be easier and less expensive to repair than newer, more complex builds. Its position as a smaller property on a mature street could also offer stability and slower appreciation compared to larger, renovated homes.
5. Where can I get verified sale history and exact figures?
The provided data is from public sources, not the MLS. For fully verified transaction history and exact sale prices, you must request a manual lookup via email from the site, as industry rules prevent the display of MLS records here.
