2 Cherwell Road

Niakwa Place, Winnipeg

Property score

65.3

Good

Overall 65.3 · Smaller than most nearby homes

1,062 sqft (bottom 24%) · Built in 1972 (4 yrs older than avg)

Located in a above-average income area with median household income of ~86k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 3 schools, 3 parks, 1 sports facility, and 2 place of worships nearby

Living Area

Below average

29% smaller than neighborhood avg.

Year Built

Near average

4 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

Need help understanding this property?

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

Property score

65.3 is composed by the two sections below.

Property Score

57.9Fair
Living Area1,062 sqft52Fair
Year Built197258Fair
Lot Size6,500 sqft85Excellent
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
1,062 sqft
0255075100
Same streetTop 23%Same areaBottom 24%CitywideBottom 35%
Same street · Cherwell Road
#5 / 22
Top 23% · Avg 973 sqft
Same area · Niakwa Place
#521 / 685
Bottom 24% · Avg 1,490 sqft
Citywide · Winnipeg
#126,770 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
392k
0255075100
Same streetTop 23%Same areaBottom 46%CitywideTop 40%
Same street · Cherwell Road
#5 / 22
Top 23% · Avg 339.9k
Same area · Niakwa Place
#369 / 685
Bottom 46% · Avg 446.8k
Citywide · Winnipeg
#78,603 / 194,458
Top 40% · Avg 390.1k

Year Built

above average
1972
0255075100
Same streetTop 23%Same areaTop 33%CitywideTop 45%

Lot Size

above average
6,500 sqft
0255075100
Same streetTop 14%Same areaBottom 45%CitywideTop 22%

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 Cherwell Road — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 233 m), 3 parks (nearest 344 m).

Search radius
🏫Education3
🌳Parks3
💪Sports1
Worship2

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 2/2016CA$300k–350k
Sold price

Same street

Top 33%

Same area

Bottom 36%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 2 Cherwell Road, Winnipeg

Property Overview: 2 Cherwell Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 2 Cherwell Road in Niakwa Place presents a compelling case for value and space. Built in 1972, it offers 1,062 sqft of living area on a notably generous 6,500 sqft lot. The data reveals its standout characteristic: it is a larger, higher-value home for its immediate street. Its assessed value ($392k) and living area are well above the average for Cherwell Road, suggesting it is one of the more substantial properties in that specific row.

Its appeal lies in this relative value and the potential of its large lot. For the price, you secure more indoor and outdoor space than most neighbors on the same street. However, it’s worth noting the home’s footprint is more modest compared to the broader Niakwa Place area average. This creates an interesting dynamic—a premium property on its block that is more average or slightly below average in the wider neighborhood context.

This property would suit a pragmatic buyer who values a larger yard and interior space within a specific, established area, without necessarily paying the premium for one of the largest homes in the entire subdivision. It’s also a sensible option for those who see potential in the lot size for gardening, expansion, or simply more private outdoor space.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
It last sold between $300k-$350k in early 2016. The current assessed value of $392k sits around the city-wide average, indicating market-aligned growth. For exact historical sale prices, a manual lookup can be requested.

2. Is the living space smaller than other homes in Niakwa Place?
Yes. At 1,062 sqft, it is below the Niakwa Place area average of about 1,490 sqft. Its size is more aligned with the city-wide average, making it a moderately sized home in a neighborhood that generally has larger ones.

3. What is the significance of the lot size?
The 6,500 sqft lot is a key feature. It is significantly larger than the average lot on Cherwell Road and above the city-wide average. This offers more outdoor space and potential than is typical, which is a strong offset to the home’s more average living area.

4. What does the "above average for the street" ranking mean for me?
It suggests that on Cherwell Road, this is considered one of the more substantial and valuable properties. This can be positive for pride of ownership and relative value, but property taxes are also likely among the highest on the block.

5. Are the sold prices shown here from the MLS?
No. The sold price data is compiled from public sources, not the MLS. For fully verified transaction history and exact sale figures, a separate manual lookup must be requested directly from the site.

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.