2 Bluewater Crescent

Niakwa Place, Winnipeg

Property score

68.7

Good

Overall 68.7 · Compared with neighbourhood average

1,219 sqft (bottom 45%) · Built in 1973 (3 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, and 1 sports facility nearby

Living Area

Near average

18% smaller than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 73%French · 10%

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

68.7 is composed by the two sections below.

Property Score

63.6Fair
Living Area1,219 sqft66Good
Year Built197358Fair
Lot Size5,252 sqft67Good
Neighbourhood Sales Activity48Low

Community Score

76.3Good
Household Income79Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health42Low

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: #46111143

Community deep dive

$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

Population, labour & age

Population (2021)1,624
Labour force participation rate50%
Median age54.0
Avg household size2.3
Unemployment rate8%
Population density1353 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households26%
Couple families with children21%
Median household income (2020)$86K

Housing

Renter households42%
Condominium dwellings11%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority15%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,219 sqft
0255075100
Same streetTop 25%Same areaBottom 45%CitywideTop 48%
Same street · Bluewater Crescent
#27 / 108
Top 25% · Avg 1,179 sqft
Same area · Niakwa Place
#379 / 685
Bottom 45% · Avg 1,490 sqft
Citywide · Winnipeg
#94,158 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
336k
0255075100
Same streetTop 26%Same areaBottom 21%CitywideBottom 41%
Same street · Bluewater Crescent
#28 / 108
Top 26% · Avg 360k
Same area · Niakwa Place
#543 / 685
Bottom 21% · Avg 446.8k
Citywide · Winnipeg
#114,442 / 194,458
Bottom 41% · Avg 390.1k

Year Built

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

Lot Size

above average
5,252 sqft
0255075100
Same streetTop 28%Same areaBottom 22%CitywideTop 49%

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

2 Bluewater Crescent — 7 amenities found within 500 m, across 3 categories, including 3 education (nearest 118 m), 3 parks (nearest 310 m).

Search radius
🏫Education3
🌳Parks3
💪Sports1

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 1/2022CA$300k–350k
Sold price

Same street

Top 21%

Same area

Bottom 46%

City-wide

Top 50%

Related homes

Highlights & common questions: 2 Bluewater Crescent, Winnipeg

Property Overview: 2 Bluewater Crescent, Niakwa Place, Winnipeg

Key Characteristics & Appeal

This home at 2 Bluewater Crescent is a well-situated property in Winnipeg's Niakwa Place neighbourhood, built in 1973. Its primary appeal lies in its strong standing within its immediate street and its efficient use of space. With 1,219 sqft of living area, it is notably above average for Bluewater Crescent itself (ranking in the top 25%), offering more interior space than many direct neighbours. The assessed value of $336k is also above the street average, suggesting a perceived quality or condition advantage on this specific crescent.

The lot size of 5,252 sqft provides a good balance of yard space without excessive maintenance. A thoughtful perspective is that this home represents a "street standout" – it compares very favorably to its closest neighbours but sits at a more moderate value point within the wider Niakwa Place area. This dynamic could appeal to buyers seeking a relative premium within a specific, established pocket rather than the largest home in the broader suburb. It would suit practical buyers, such as small families or downsizers, who value a stable, mature neighbourhood and a home that offers good relative value on its own block. The last known sale was between $300k-$350k in early 2022.

Frequently Asked Questions

1. How does this home really compare to others in Niakwa Place?
While it ranks above average on its own street for size and value, it falls below the area average for both assessed value and lot size when compared to all of Niakwa Place. This indicates it may be a more modestly sized or priced option within the neighbourhood, which can be an advantage for budget-conscious buyers.

2. What does the assessed value tell me about the potential asking price?
The assessed value ($336k) is for municipal tax purposes and is not a market valuation. However, it provides a benchmark. Notably, it is significantly below the Niakwa Place area average ($446.8k), which may reflect the home's smaller lot and living area relative to others in the neighbourhood.

3. The home was built in 1973. What should I consider?
A home of this age is likely to have undergone various updates. Key systems like the roof, windows, plumbing, and electrical should be carefully evaluated. The positive ranking for its year built on the street suggests it is among the newer homes on Bluewater Crescent.

4. What is the significance of the sold price data from 2022?
The prior sale (between $300k-$350k) gives a historical anchor point. Market conditions have likely changed since early 2022, so this figure is a starting point for understanding past value, not a predictor of current price.

5. How can I get the exact historical sold prices?
The provided data is based on public records and is shown in ranges. For fully verified and exact sale figures from the MLS, you must request a manual lookup from the site via email, as this data is not displayed directly due to industry regulations.

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