Property score
50.3
Fair
Overall 50.3 · Smaller than most nearby homes
754 sqft (bottom 2%) · Built in 1971 (5 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, 1 sports facility, and 1 place of worship nearby
Living Area
Below average
49% 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
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50.3 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
20 Bluewater Crescent — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 94 m), 3 parks (nearest 249 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 | Bottom 10% | Bottom 3% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 20 Bluewater Crescent in Winnipeg’s Niakwa Place neighbourhood presents a specific value proposition. Built in 1971, it is a 754 sqft bungalow on a 3,000 sqft lot. The key data shows it is consistently below average in size and lot dimensions compared to its immediate street, neighbourhood, and the wider city. Its assessed value of $282k follows this pattern, sitting notably below area averages. The home last sold in September 2019 for an estimated $200k–$250k.
Key Characteristics & Appeal
The primary appeal of this property is its position as an accessible entry point into a well-established neighbourhood. While the home itself is compact and the lot is smaller than most on the street, this translates to a lower assessed value relative to the area. This creates an opportunity for first-time buyers or downsizers to secure a home in Niakwa Place without the premium price tag of its larger counterparts. The manageable lot size also means less maintenance, which can be a significant appeal for those seeking a simpler lifestyle.
It would best suit practical buyers who prioritize location over size—someone ready to invest sweat equity into a smaller, older home to build equity, or a purchaser who values lower property taxes and upkeep costs. A less obvious perspective is that a home ranking in the bottom tiers for size and value on its own street can represent a “value floor” for the area, potentially offering more stable affordability and a different kind of investment logic compared to the neighbourhood’s more typical properties.
Frequently Asked Questions
1. Is the low assessed value a positive sign for property taxes?
Generally, yes. A lower assessed value typically results in lower municipal property taxes compared to higher-valued homes in the same area, which is a key ongoing cost saving.
2. How significant is the smaller lot size?
At 3,000 sqft, the lot is substantially smaller than most in Niakwa Place. This limits expansive outdoor space but reduces maintenance time and cost. It’s a trade-off that suits some lifestyles perfectly.
3. What does the 2019 sale price tell us?
The prior sale price range ($200k–$250k) suggests the home’s assessed value has increased modestly since then. For exact figures, a manual lookup via the site’s email request is needed due to data display rules.
4. Is a home of this size and age a concern?
At 55 years old and 754 sqft, the home is likely a straightforward bungalow. Buyers should budget for updates common to homes of this era and appreciate that the compact living area requires efficient use of space.
5. How can I get precise historical sale data for this property?
The provided sold price is an estimated range from public data. For fully verified and exact transaction history, you must request a manual lookup via email through the site’s provided service.
