191 Bluewater Crescent

Niakwa Place, Winnipeg

Property score

67.7

Good

Overall 67.7 · Compared with neighbourhood average

1,200 sqft (bottom 43%) · Built in 1973 (3 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

Near average

19% smaller than neighborhood avg.

Year Built

Near average

3 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

67.7 is composed by the two sections below.

Property Score

59.3Fair
Living Area66
1,200 sqftGood
Year Built58
1973Fair
Lot Size38
3,498 sqftLow
Neighbourhood Sales Activity48
Low

Community Score

80.3Excellent
Household Income82
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health60
Fair

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

above average
1,200 sqft
0255075100
Same streetTop 29%Same areaBottom 43%CitywideTop 50%
Same street · Bluewater Crescent
#31 / 108
Top 29% · Avg 1,179 sqft
Same area · Niakwa Place
#392 / 685
Bottom 43% · Avg 1,490 sqft
Citywide · Winnipeg
#97,378 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

below average
271k
0255075100
Same streetBottom 10%Same areaBottom 2%CitywideBottom 22%
Same street · Bluewater Crescent
#97 / 108
Bottom 10% · Avg 360k
Same area · Niakwa Place
#674 / 685
Bottom 2% · Avg 446.8k
Citywide · Winnipeg
#151,601 / 194,458
Bottom 22% · Avg 390.1k

Year Built

above average
1973
0255075100
Same streetTop 25%Same areaTop 31%CitywideTop 43%

Lot Size

below average
3,498 sqft
0255075100
Same streetBottom 16%Same areaBottom 9%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

191 Bluewater Crescent — 10 amenities found within 500 m, across 4 categories, including 4 education (nearest 238 m), 2 parks (nearest 162 m).

Search radius
🏫Education4
🌳Parks2
💪Sports1
Worship3

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 5/2023CA$300k–350k
Sold price

Same street

Top 40%

Same area

Bottom 26%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 191 Bluewater Crescent, Winnipeg

Property Overview: 191 Bluewater Crescent, Niakwa Place, Winnipeg

Key Characteristics & Appeal

This home at 191 Bluewater Crescent presents a distinct value proposition within the established Niakwa Place neighbourhood. Built in 1973, it is slightly older than many homes on its street, yet its 1,200 sqft living area is efficiently sized and above average for Bluewater Crescent itself. The primary appeal lies in its accessible price point, as reflected in its assessed value of $271,000, which is notably below average for both the immediate street and the wider area. This creates a lower barrier to entry for a mature, stable neighbourhood.

The property suits practical buyers seeking location over lot size. The land area is compact at 3,498 sqft, meaning less yard maintenance—a potential benefit for downsizers, first-time buyers, or those preferring a lock-and-leave lifestyle. Its value is positional; you are purchasing into a community where typical homes are assessed significantly higher. This makes it a strategic option for buyers comfortable with a home that may require updates, viewing it as a foothold in a desirable area rather than a move-in-ready showcase. The most recent sale in 2023 fell within the $300k-$350k range, aligning with this value-oriented profile.

Frequently Asked Questions

1. Why is the assessed value so much lower than neighbours?
The assessed value is based on municipal evaluation, which considers factors like living area, lot size, age, and characteristics of the home itself. This property’s below-average lot size and modest living space relative to the area contribute to its lower assessment, indicating it may be a more basic or compact model in the neighbourhood.

2. What does the sold price history indicate?
Records show the home sold between $300,000 and $350,000 in May 2023. This recent sale price, while above the current assessed value, remains well below the area averages, confirming its standing as a more affordable option in Niakwa Place.

3. Is the smaller lot size a major drawback?
It depends on your priorities. The lot is significantly smaller than area averages, limiting expansive gardening or large outdoor recreation space. However, it translates to less upkeep and lower property taxes, which can be a positive for those seeking convenience and lower carrying costs.

4. What type of renovations or updates might be expected?
Given its age (53 years), buyers should budget for potential updates to major aging components like the roof, windows, plumbing, or electrical systems. Interior finishes typical of its era may also require modernization.

5. How can I get the exact past sold price?
The provided data is based on public records, not the MLS. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as industry rules prevent the display of official MLS sold data here.