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 80.0 · 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)
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
61.3 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
18 Farnham Road — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 182 m), 3 parks (nearest 291 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 50% | Bottom 22% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 18 Farnham Road, Niakwa Place, Winnipeg
Section 1: Key Characteristics & Appeal
This 1971 bungalow in Niakwa Place presents a practical and grounded opportunity. With 972 sqft of living space and a 6,378 sqft lot, it sits comfortably within the averages for its immediate street, offering a sense of neighbourhood consistency. Its assessed value of $369K aligns closely with both street and city-wide averages, suggesting a fair and stable market position.
The appeal lies in its established setting and efficient footprint. The home is newer than most on its street, which may imply fewer immediate concerns with aging infrastructure compared to neighbours. While the living area is modest relative to larger homes in the wider area, it suits a lifestyle prioritizing manageable upkeep and lower utility costs. The lot size is a notable strength city-wide, offering above-average outdoor space for gardening, recreation, or future expansion relative to many Winnipeg properties.
This property would best suit first-time buyers seeking an entry point into a stable neighbourhood, or downsizers looking to maintain a generous yard without the burden of a large house. It’s a home for those who value practicality, a established community character, and the potential that comes with a sizable lot.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home last sold between $250K-$300K in 2016. Its current assessed value of $369K is around the average for the street and city. For precise, verified sale histories, a manual lookup is required.
2. Is the living space too small?
At 972 sqft, it is smaller than the average home in both Niakwa Place and Winnipeg overall. This makes it efficient and cost-effective to maintain, but buyers should ensure the layout meets their spatial needs.
3. What does the lot size mean for me?
At 6,378 sqft, the lot is larger than 76% of properties city-wide. This is a significant asset, providing ample private outdoor space, which is less common in many urban areas and offers flexibility.
4. As a 1971 build, what should I consider?
While newer than most on its street, a 55-year-old home will likely have had updates. A thorough inspection is recommended to assess the condition of major systems like roof, plumbing, and wiring.
5. How does the neighbourhood influence this property?
The data shows homes in Niakwa Place generally have higher assessed values and larger living areas than this specific home. This indicates the property is a more affordable option within a desirable area, potentially offering value through location rather than sheer size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
