Property score
65.8
Good
Overall 65.8 · Compared with neighbourhood average
1,120 sqft (bottom 31%) · Built in 1970 (6 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
25% smaller than neighborhood avg.
Year Built
Below average
6 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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65.8 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
23 Farnham Road — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 128 m), 3 parks (nearest 251 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 33% | Bottom 21% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Farnham Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This 1,120 sqft bungalow, built in 1970 on a 5,499 sqft lot, presents a compelling mix of value and space in the Niakwa Place neighbourhood. Its primary appeal lies in its efficient use of square footage. While the home is of a modest age and sits on a slightly smaller-than-average lot for the immediate area, it offers significantly more living space than most direct comparables on Farnham Road, ranking in the top 5% on its street. This suggests a well-utilized floor plan that maximizes interior room.
The assessed value of $362,000 sits comfortably around the average for its street, neighbourhood, and the wider city, indicating a stable, market-aligned valuation. For buyers, this represents an opportunity to secure above-average interior space for the street's typical price point. It would particularly suit first-time buyers or downsizers seeking a manageable bungalow layout without sacrificing room to live, and value-conscious purchasers who prioritize interior utility over extensive outdoor space. A thoughtful perspective is that while the lot is smaller, it may translate to lower maintenance costs and less yard work—an appealing trade-off for many.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
This home offers more interior space than most on its street, ranking 1st out of 19 comparable properties on Farnham Road with 1,120 sqft, against a street average of 983 sqft.
2. Is the assessed value in line with the area?
Yes. The $362,000 assessment is around the average for Farnham Road, the broader Niakwa Place neighbourhood, and the city of Winnipeg as a whole, indicating a fair market valuation.
3. What should I know about the lot size?
The 5,499 sqft lot is below the average for both Farnham Road and Niakwa Place. This means a smaller yard, which could be a positive for low-maintenance living but a consideration for those desiring extensive outdoor space.
4. When was it last sold and for roughly how much?
Public records indicate a sale between August 2020, with a sold price in the range of CA$250,000–$300,000.
5. How can I get the exact historical sale prices?
The provided data is based on public records. For fully verified figures and a complete transaction history, you can request the information directly via email from the site, which will provide a manual lookup.
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