Property score
50.3
Fair
Overall 50.3 · Smaller than most nearby homes
754 sqft (bottom 2%) · Built in 1971 (5 yrs older than avg)
Located in a above-average income area with median household income of ~86k
Transit 88.0 · 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
49% 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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50.3 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
32 Bluewater Crescent — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 95 m), 3 parks (nearest 216 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 46% | Bottom 18% | Bottom 33% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 46% | Bottom 11% | Bottom 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
32 Bluewater Crescent is a 754 sqft bungalow built in 1971, situated on a 3,000 sqft lot in Winnipeg's Niakwa Place neighbourhood. With an assessed value of $304,000, it presents a specific value proposition shaped by its compact size and established location.
The primary appeal of this home lies in its affordability and efficiency within a mature, stable neighbourhood. Its assessed value is notably below the area average for Niakwa Place, positioning it as a more accessible entry point into the community. The 754 sqft living area is compact—significantly smaller than most homes on the street and in the area—which suggests a home suited for minimalists, first-time buyers, or those looking to downsize without leaving the neighbourhood. The lot is also smaller than typical, which translates to less exterior maintenance.
A thoughtful perspective is that this property may represent a "value-play" for a specific buyer. Its price point is competitive relative to its immediate street, and it could suit someone willing to trade interior and yard space for financial flexibility and location. It’s less suited for those needing room to grow but ideal for those seeking a manageable, single-level lifestyle. The home's recent sale history indicates steady market interest within its price band.
1. Is this a good value for the neighbourhood?
Based on the data, the assessed value is below the Niakwa Place area average, suggesting a lower entry cost for the neighbourhood. However, this correlates with the home's smaller-than-average size and lot.
2. Who would this home suit best?
It would best suit first-time buyers, downsizers, or investors looking for a manageable, single-level property in an established area. Its scale is less ideal for families needing multiple bedrooms or ample living space.
3. How does the lot size impact the property?
At 3,000 sqft, the lot is smaller than most in the area. This means less yard maintenance but also less private outdoor space compared to neighbours.
4. What is the home’s recent sales activity?
The property has sold several times in recent years, most recently in late 2024. This activity suggests consistent market demand at its particular price point.
5. How can I verify the exact historical sold prices?
The site provides sold price ranges. For fully verified, exact transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS.
