41 Bluewater Crescent

Niakwa Place, Winnipeg

Property score

80.5

Excellent

Overall 80.5 · Larger and newer than most nearby homes

1,604 sqft (top 30%) · Built in 1985 (9 yrs newer than avg)

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

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 schools, 2 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 62%French · 16%

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

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Property score

80.5 is composed by the two sections below.

Property Score

80.7Excellent
Living Area83
1,604 sqftExcellent
Year Built73
1985Good
Lot Size93
8,176 sqftExcellent
Neighbourhood Sales Activity48
Low

Community Score

80.3Excellent
Household Income82
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health60
Fair

Neighbourhood Sales

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.

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
1,604 sqft
0255075100
Same streetTop 19%Same areaTop 30%CitywideTop 25%
Same street · Bluewater Crescent
#21 / 108
Top 19% · Avg 1,179 sqft
Same area · Niakwa Place
#204 / 685
Top 30% · Avg 1,490 sqft
Citywide · Winnipeg
#48,919 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
499k
0255075100
Same streetTop 22%Same areaTop 25%CitywideTop 20%
Same street · Bluewater Crescent
#24 / 108
Top 22% · Avg 360k
Same area · Niakwa Place
#172 / 685
Top 25% · Avg 446.8k
Citywide · Winnipeg
#38,748 / 194,458
Top 20% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 19%Same areaTop 21%CitywideTop 29%

Lot Size

above average
8,176 sqft
0255075100
Same streetTop 20%Same areaTop 18%CitywideTop 11%

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

41 Bluewater Crescent — 7 amenities found within 500 m, across 4 categories, including 3 education (nearest 98 m), 2 parks (nearest 107 m).

Search radius
🏫Education3
🌳Parks2
💪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%

Sales History

Sold 10/2021CA$450k–500k
Sold price

Same street

Top 13%

Same area

Top 19%

City-wide

Top 20%

Related homes

Highlights & common questions: 41 Bluewater Crescent, Winnipeg

Property Overview

This home at 41 Bluewater Crescent in Winnipeg's Niakwa Place neighbourhood presents a compelling opportunity. Built in 1985, it stands out for its generous proportions, offering 1,604 sqft of living space on a large 8,176 sqft lot. With an assessed value of $499k, it positions itself above average for its street, area, and the wider city in terms of size, value, and modern build year.

Key Characteristics & Appeal

The primary appeal of this property lies in its space and established positioning. It offers significantly more living area and a larger lot than most comparable homes on its street and in Niakwa Place. This creates immediate value for buyers seeking room to grow, entertain, or enjoy outdoor privacy. The 1985 build year is notably newer than many homes in the area, suggesting potentially fewer concerns with aging infrastructure common in older builds.

Its appeal is grounded in tangible, above-average metrics rather than just listing descriptions. It suits buyers who prioritize lot size and interior space over a brand-new build, and who see value in a home that already ranks well against its peers. It would particularly suit a growing family needing room, or a buyer looking for a property with inherent "above-average" characteristics in a mature neighbourhood, possibly as a long-term hold.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows this home ranks in the top 20-30% on its street and in Niakwa Place for key metrics like living area, lot size, and assessed value. For example, its lot is over 2,500 sqft larger than the street average, and its living area is about 425 sqft larger than the area average.

2. What does the sold price history indicate?
Records show it sold between $450k-$500k in October 2021. This range placed it in the top 13% of sales on its street and top 19% in the area at that time, indicating a history of strong market performance relative to its neighbours.

3. Is the assessed value a reliable indicator of market value?
The $499k assessment is a strong benchmark for municipal taxation, but market value can differ. Its assessment is consistently above local averages, which is a positive sign of its perceived worth, but a current market appraisal is recommended for purchase decisions.

4. What are the less obvious points to consider?
A thoughtful perspective is that a home ranking highly in assessed value may also correspond with higher property taxes. Additionally, while a 1985 build is newer than many area homes, it is now 41 years old, so a thorough inspection of roof, windows, and major systems is prudent.

5. How can I verify the exact historical sold prices?
The provided data shows price ranges. To obtain the exact historical sale figures, you must request a manual lookup via email from the service, as they do not display MLS-sourced sold records on their website.