Property score
61.8
Fair
Overall 61.8 · Smaller than most nearby homes
1,044 sqft (bottom 22%) · 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: 4 schools, 3 parks, 1 sports facility, and 1 place of worship nearby
Living Area
Below average
30% 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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61.8 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
38 Bluewater Crescent — 9 amenities found within 500 m, across 4 categories, including 4 education (nearest 99 m), 3 parks (nearest 200 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 29% | Bottom 7% | Bottom 22% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 3% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 38 Bluewater Crescent, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 38 Bluewater Crescent is a practical, mid-century bungalow built in 1971, offering a manageable 1,044 sqft of living space on a 3,600 sqft lot. Its primary appeal lies in its position as a more affordable entry point into the established Niakwa Place neighbourhood. The home’s assessed value of $282k is notably below the area average, which suggests potential for buyers who prioritize location over size or a modern finish. It suits first-time buyers, downsizers, or investors looking for a solid foundation in a mature community. A thoughtful perspective is that while the lot is smaller than many in the area, it requires less maintenance, appealing to those seeking a simpler yard. Its value proposition is clear: you’re purchasing a stake in a desirable neighbourhood at a price that leaves room for personal updates or simply a more comfortable mortgage payment compared to larger homes on the street.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
Based on the data, the assessed value is significantly below the averages for both the immediate street and the wider Niakwa Place area. This indicates it is priced accessibly for the location, though the living space and lot size are also comparably smaller.
2. What does the sale history tell us?
The property sold in 2016 and again in 2019, both times within the $200k-$250k range. This history shows steady appreciation leading to its current assessment and suggests a market that has consistently valued the property.
3. How does the lot size impact the property?
At 3,600 sqft, the lot is below average for the area. This means less outdoor maintenance and potentially a smaller garden, but also less private space than many neighbouring properties offer.
4. Is the house likely to need major updates?
Built in 1971, the home is over 50 years old. While systems like the roof, windows, or furnace may have been updated, buyers should budget for potential age-related maintenance or modernizations to kitchens and bathrooms.
5. How can I verify the exact past sale prices?
The public data shows price ranges. To obtain the exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS sold records directly.
