Property score
64.9
Fair
Overall 64.9 · Smaller than most nearby homes
1,000 sqft (bottom 15%) · 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
33% 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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64.9 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
22 Farnham Road — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 180 m), 3 parks (nearest 275 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 17% | Top 40% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 22 Farnham Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 22 Farnham Road is a well-situated property in Winnipeg's Niakwa Place neighbourhood, built in 1971. Its key appeal lies in its balance and established context. With 1,000 sqft of living space and a 6,378 sqft lot, the home offers a manageable footprint. The data suggests it is a quintessential "average" property within its immediate street and broader area in terms of value and lot size, which can be a strength—it represents a stable, known quantity without extreme premiums or compromises.
A thoughtful perspective is its relative age advantage on its own street, being one of the newer homes among its direct neighbours. This could imply more modern construction standards for its era compared to others on the block. The lot size is notably above the city-wide average, offering more outdoor space than many Winnipeg properties. The home’s assessed value of $380k aligns closely with city-wide averages, presenting a mid-market entry point into a mature neighbourhood.
This property would best suit practical buyers looking for a grounded, no-surprises home in an established area. It’s ideal for first-time homeowners, downsizers, or investors seeking a straightforward residential asset. Its manageable size and average pricing make it a sensible choice for those prioritizing lot space and neighbourhood character over a larger interior.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $350k-$400k in September 2021. Its current assessed value of $380k is slightly above the street average, ranking it 7th highest out of 19 homes on Farnham Road for assessed value.
2. Is the living space smaller than typical for the area?
Yes, at 1,000 sqft, the living area is below the average for both the Niakwa Place area (1,490 sqft avg) and the city overall. However, it is very close to the average for homes specifically on Farnham Road itself (983 sqft avg).
3. What is the significance of the lot size?
The lot of 6,378 sqft is a standout feature city-wide, ranking in the top 24% of all Winnipeg properties. It offers more outdoor space than the typical city lot, which averages about 6,570 sqft.
4. For a home built in 1971, what should I anticipate for maintenance?
As a 55-year-old property, prospective buyers should budget for updates to major aging components. A positive note is that it is one of the newer homes on its specific street, which may indicate comparative advantages in its original build or updates.
5. How can I get the exact historical sold prices for this property?
The exact sold prices are not displayed publicly on this site due to industry data rules. You can request the full transaction history and exact figures via email, and the service provider will send them to you manually.
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