3-66 Willowlake Crescent

Niakwa Place, Winnipeg

Property score

76.9

Good

Overall 76.9 · Newer than most nearby homes

1,326 sqft (bottom 39%) · Built in 2001 (3 yrs newer than avg)

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 4 schools, 2 parks, 1 sports facility, and 2 place of worships nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 62%French · 16%

Past 10 years Niakwa Place sales snapshot (~80% of all data)

Sold Count

24

Median price

620k

$/sqft

$348/sqft

Avg build year

1998

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

76.9 is composed by the two sections below.

Property Score

74.6Good
Living Area1,326 sqft71Good
Year Built200187Excellent
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” (Condos, 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

above average
1,326 sqft
0255075100
Same streetTop 45%Same areaBottom 39%CitywideTop 18%
Same street · Willowlake Crescent
#18 / 40
Top 45% · Avg 1,432 sqft
Same area · Niakwa Place
#35 / 57
Bottom 39% · Avg 1,518 sqft
Citywide · Winnipeg
#4,779 / 26,841
Top 18% · Avg 1,042 sqft

Tax-Assessed Value

above average
346k
0255075100
Same streetTop 48%Same areaBottom 37%CitywideTop 19%
Same street · Willowlake Crescent
#19 / 40
Top 48% · Avg 421.8k
Same area · Niakwa Place
#36 / 57
Bottom 37% · Avg 456.3k
Citywide · Winnipeg
#5,074 / 26,841
Top 19% · Avg 256.1k

Year Built

Elite
2001
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 41%

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

3-66 Willowlake Crescent — 9 amenities found within 500 m, across 4 categories, including 4 education (nearest 189 m), 2 parks (nearest 182 m).

Search radius
🏫Education4
🌳Parks2
💪Sports1
Worship2

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 9/2021CA$300k–350k
Sold price

Same street

Bottom 47%

Same area

Bottom 29%

City-wide

Top 16%

Related homes

Highlights & common questions: 3-66 Willowlake Crescent, Winnipeg

Property Overview: 3-66 Willowlake Crescent, Niakwa Place, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 3-66 Willowlake Crescent presents a solid, value-oriented opportunity in Winnipeg's Niakwa Place neighbourhood. Its key appeal lies in its balanced positioning. With 1,326 sqft of living space and an assessed value of $346k, it sits comfortably in the middle range for its immediate street and area, meaning you're not overpaying for the location. However, its value becomes more pronounced when viewed city-wide, where both its size and assessed value rank within the top 20% of all homes, suggesting you get more house for your money compared to the Winnipeg average.

A less obvious but significant advantage is the home's relative age. Built in 2001, it is one of the newest homes on its street and in Niakwa Place, ranking in the top 3%. This implies potentially fewer immediate concerns with major aging components compared to older neighbours, offering a modern foundation in an established area.

This property would suit pragmatic first-time buyers or downsizers seeking a manageable-sized home without the premium of a brand-new build. It’s also a sensible fit for value-focused investors or homeowners who prioritize a city-wide value advantage over having the largest house on the block, preferring a lower property tax base derived from its assessment.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is around the average for Willowlake Crescent and the Niakwa Place area. This suggests it is priced consistently with its direct community, not standing out as unusually high or low.

2. What does the "elite" ranking for year built mean?
This indicates 3-66 Willowlake Crescent is one of the newest properties in its immediate vicinity. Built in 2001, it is newer than most comparable homes on its street and in the neighbourhood, which may be advantageous for systems like roofing, windows, and major mechanicals.

3. Is the sold price data available?
Exact historical sold prices are not displayed publicly on the site. The listing indicates a past sale between $300k-$350k in September 2021. You can request the exact sold price history by email for verification.

4. Who would this home not be ideal for?
Buyers seeking a large, expansive family home may find the living area slightly below the current average for Niakwa Place. Those looking for a standout "top-tier" property on their specific street in terms of size or assessed value might also consider other options.

5. What is the biggest takeaway from the city-wide comparisons?
While the home is average in its micro-location, it ranks well above average across Winnipeg. This highlights a key perspective: you are acquiring a property that offers more space and a higher assessment bracket than most of the city, while paying a rate aligned with your local area.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.