34 Bluewater Crescent

Niakwa Place, Winnipeg

Property score

49.4

Below average

Overall 49.4 · 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.

Taon ng Paggawa

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)

Sold Count

228

Median price

303.7k

$/sqft

$288/sqft

Avg build year

1976

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

49.4 is composed by the two sections below.

Property Score

31.4Low
Living Area22
754 sqftLow
Taon ng Paggawa58
1971Fair
Lupa28
2,998 sqftLow
Neighbourhood Sales Activity48
Low

Community Score

76.3Good
Household Income79
Good
Education Level82
Excellent
Housing Stress74
Good
Core Housing Need88
Excellent
Employment Health42
Low

Istatistika ng benta ng komunidad

Niakwa Place

How to read: Share of sales in each ~$50k price band for “niakwa place” (Detached na bahay (hindi 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: #46111143

Community deep dive

$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

Population, labour & age

Population (2021)1,624
Labour force participation rate50%
Median age54.0
Avg household size2.3
Unemployment rate8%
Population density1353 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households26%
Couple families with children21%
Median household income (2020)$86K

Housing

Renter households42%
Condominium dwellings11%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority15%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 9%

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

Mga ranggo

Living Area

mas mababa sa average
754 sqft
0255075100
Same streetBottom 14%Same areaBottom 2%CitywideBottom 6%
Same street · Bluewater Crescent
#93 / 108
Bottom 14% · Avg 1,179 sqft
Same area · Niakwa Place
#670 / 685
Bottom 2% · Avg 1,490 sqft
Citywide · Winnipeg
#181,822 / 194,458
Bottom 6% · Avg 1,342 sqft

Assessed Value

mas mababa sa average
261k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 20%
Same street · Bluewater Crescent
#107 / 108
Bottom 1% · Avg 360k
Same area · Niakwa Place
#684 / 685
Bottom 1% · Avg 446.8k
Citywide · Winnipeg
#156,069 / 194,458
Bottom 20% · Avg 390.1k

Taon ng Paggawa

karaniwan
1971
0255075100
Same streetBottom 47%Same areaTop 44%CitywideTop 47%

Lupa

mas mababa sa average
2,998 sqft
0255075100
Same streetBottom 1%Same areaBottom 3%CitywideBottom 10%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

34 Bluewater Crescent — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 97 m), 3 parks (nearest 209 m).

Search radius
🏫Education3
🌳Parks3
💪Sports1
Worship1

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%

Kasaysayan ng Benta

Naibenta 5/2022CA$250k–300k
Presyo ng benta

Parehong kalye

Bottom 33%

Parehong lugar

Bottom 7%

Buong lungsod

Bottom 23%

Related homes

Mga tampok at karaniwang tanong: 34 Bluewater Crescent, Winnipeg

Property Overview: 34 Bluewater Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This 754 sqft bungalow, built in 1971, presents a specific and compelling value proposition in Winnipeg's Niakwa Place neighbourhood. Its key characteristic is its position as one of the most affordable properties on its street and in its immediate area, with an assessed value significantly below local averages. The appeal lies in this accessible entry point into a stable, established neighbourhood. The home suits first-time buyers, downsizers, or investors seeking a lower-cost footprint in a mature area without the premium price tag of larger, renovated homes.

A thoughtful perspective considers the practical advantages of a smaller lot (2,998 sqft) and living space: reduced maintenance, lower utility costs, and a manageable scale for those seeking simplicity. While its size and value rank below most peers, this also means property taxes are likely proportionally lower. It represents an opportunity to gain neighbourhood equity—owning in a desirable area—while accepting a home that may require personalization or updates over time.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than neighbours?
The assessed value reflects the home's smaller living area and lot size compared to others on the street and in Niakwa Place. It ranks in the bottom tier for the area, indicating it is one of the least expensive properties, likely due to its scale and potential need for modernization.

2. What does the sold price history indicate?
The home sold between $250,000 and $300,000 in May 2022. This range was above the city-wide average at that time but below the average for Niakwa Place, consistent with its profile as a more affordable option within a pricier neighbourhood.

3. Who would this property not be suitable for?
It may not suit buyers looking for a move-in-ready, spacious home with a large yard, or those who prioritize having above-average square footage relative to their neighbours. Families needing multiple bedrooms or significant living space might find it too compact.

4. Are there any advantages to the home's age and size?
Homes from this era often feature straightforward layouts and solid construction. The smaller scale can mean greater energy efficiency and lower costs for repairs or renovations compared to a larger property, making updates more manageable on a budget.

5. How reliable is this comparative data?
The rankings and averages are based on publicly available assessment and sale data, providing a general comparison. For complete accuracy, especially for exact past sale prices, verified figures should be requested directly, as the public site displays ranges.