68.7
Good
Property score
68.7
Good
Overall 68.7
Smaller and older than most nearby homes
1,014 sqft (bottom 18%)
Built in 1969 (7 yrs older than avg)
Located in a high-income area
with median household income of ~114k
Transit 82.0
7-min walk to transit with 5 nearby routes
Within 500m: 1 school, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 75%French · 10%
Past 10 years Niakwa Place sales snapshot (~80% of all data)
228
303.7k
$288/sqft
1976
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68.7 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: #46110584
$114K
Median household income
$127K
Average household income
1%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
15%
Single-person households
40%
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
27 Fallbrook Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 368 m), 1 shopping (nearest 449 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 46% | Bottom 36% | Bottom 45% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Bottom 27% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 27 Fallbrook Bay, Niakwa Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 27 Fallbrook Bay is a well-situated property in the established Niakwa Place neighbourhood. Built in 1969, it stands out on its street as one of the newer homes, offering potential advantages in terms of building materials and systems for its era. With 1,014 sqft of living space, the house is more compact than many in the wider area, suggesting a manageable layout that prioritizes efficiency over sheer size. The assessed value of $386k is consistently around the average mark when compared to the street, the broader Niakwa Place area, and the city as a whole, indicating a stable and fair market positioning.
The appeal here lies in its balance and location. The lot size of 6,158 sqft is notably generous by city-wide standards, providing ample outdoor space rarely found with newer builds. This creates a valuable contrast: a home of modest interior size on a substantial lot. It would suit first-time buyers, downsizers, or practical investors looking for a solid entry into a mature neighbourhood without an oversized footprint to maintain. The property’s consistent "around average" valuation metrics suggest it is a typical, no-surprises offering in its context, which can be appealing for those seeking predictability and established community character over a cutting-edge or luxury purchase.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,014 sqft, the living area is below the average for both the Niakwa Place area and Winnipeg overall. This indicates a more compact, efficient layout compared to many detached homes, which can mean lower utility costs and less maintenance.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $386k is a municipal calculation for tax purposes. Notably, it sits very close to the average value for the street, the neighbourhood, and the city. This consistency suggests the property is not an outlier, but market conditions and the home’s specific condition will ultimately determine the sale price.
3. What does the lot size mean for potential buyers?
The lot of 6,158 sqft is a key feature. While it’s on the smaller side for Fallbrook Bay, it ranks in the top 28% city-wide. This means you get significantly more outdoor space than most Winnipeg properties, offering great potential for gardening, expansion, or outdoor living.
4. The home was built in 1969. What should I consider?
Being built in 1969 places it in the middle of the baby-boomer construction era. While it’s newer than many on its street, a home of this age will likely have had several updates. Key checks would be for original roofing, windows, plumbing, electrical systems, and insulation to understand any needed investments.
5. Where can I find verified past sale prices for this home?
The listing notes that exact sold price history is not displayed publicly due to industry rules. You can request the full transaction history and exact figures by emailing the site directly for a manual lookup, which they provide without using your email for marketing.
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