234 Bluewater Crescent

Niakwa Place, Winnipeg

Property score

66.3

Good

Overall 66.3 · Compared with neighbourhood average

1,152 sqft (bottom 34%) · Built in 1972 (4 yrs older than avg)

Located in a high-income area with median household income of ~93k

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

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Near average

4 yrs older than neighborhood avg.

Mother tongue

English · 62%French · 16%

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

66.3 is composed by the two sections below.

Property Score

56.9Fair
Living Area1,152 sqft60Fair
Year Built197258Fair
Lot Size3,848 sqft46Low
Neighbourhood Sales Activity48Low

Community Score

80.3Excellent
Household Income82Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health60Fair

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: #46110585

Community deep dive

$93K

Median household income

$91K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

25%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)468
Labour force participation rate60%
Median age45.6
Avg household size2.4
Unemployment rate9%
Population density1872 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households25%
Couple families with children28%
Median household income (2020)$93K

Housing

Renter households30%
Condominium dwellings7%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority19%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 62%
Mother tongue (2nd)French · 16%

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

Rankings

Living Area

around average
1,152 sqft
0255075100
Same streetTop 31%Same areaBottom 34%CitywideBottom 45%
Same street · Bluewater Crescent
#33 / 108
Top 31% · Avg 1,179 sqft
Same area · Niakwa Place
#450 / 685
Bottom 34% · Avg 1,490 sqft
Citywide · Winnipeg
#106,322 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
298k
0255075100
Same streetTop 50%Same areaBottom 11%CitywideBottom 29%
Same street · Bluewater Crescent
#54 / 108
Top 50% · Avg 360k
Same area · Niakwa Place
#609 / 685
Bottom 11% · Avg 446.8k
Citywide · Winnipeg
#138,741 / 194,458
Bottom 29% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetTop 31%Same areaTop 33%CitywideTop 45%

Lot Size

around average
3,848 sqft
0255075100
Same streetTop 44%Same areaBottom 18%CitywideBottom 23%

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

234 Bluewater Crescent — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 259 m), 2 parks (nearest 256 m).

Search radius
🏫Education3
🌳Parks2
💪Sports1
Worship3

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 7/2019CA$250k–300k
Sold price

Same street

Bottom 48%

Same area

Bottom 12%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 234 Bluewater Crescent, Winnipeg

Property Overview: 234 Bluewater Crescent, Niakwa Place, Winnipeg

Key Characteristics & Appeal

This 1,152 sqft bungalow, built in 1972, sits on a 3,848 sqft lot in the established Niakwa Place neighbourhood. Its core appeal lies in its position as a competitively priced entry point into a mature area. The home’s assessed value of $298,000 is notably below the neighbourhood average, suggesting potential value relative to the area. While the living space is modest and the lot size is smaller than many in Niakwa Place, this translates to lower maintenance and a manageable footprint.

The property’s data reveals a thoughtful perspective: it is a very average home on its own street, but becomes a more standout value proposition within the wider, typically higher-priced neighbourhood. This dynamic makes it particularly suited for first-time buyers, downsizers, or practical investors seeking a lower-cost foothold in a stable community without the burden of a large yard. Its last known sale was between $250,000-$300,000 in mid-2019.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value ($298k) is a key municipal benchmark for property taxes, market conditions ultimately determine sale price. Its value being below area averages can be attractive, but recent comparable sales and current market demand will set the final price.

2. How does the smaller lot size impact living here?
The lot is smaller than many in Niakwa Place, which means less outdoor maintenance—a plus for those seeking simplicity. However, it may offer less privacy or space for expansions like a large deck or addition compared to neighbours.

3. What should I consider about a home built in 1972?
Homes of this era may have original components, like windows, roofing, or plumbing, nearing the end of their service life. A thorough inspection is crucial to understand the condition of major systems and plan for any foreseeable updates.

4. How does this property compare to others on the street?
The data shows this home is quite typical for Bluewater Crescent in terms of size, age, and value. You’re not buying the biggest or newest house on the block, but you’re also not paying a premium for those features, ensuring neighbourhood consistency.

5. Where can I get verified historical sale data for this property?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures via email from the site provider, who will manually look up the verified records.

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