Property score
81.4
Excellent
Overall 81.4 · Larger but older than most nearby homes
1,624 sqft (top 29%) · Built in 1969 (7 yrs older than avg)
Located in a high-income area with median household income of ~114k
Transit 82.0 · 8-min walk to transit with 5 nearby routes · Within 500m: 1 school nearby
Living Area
Above average
9% larger than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 75%French · 10%
Past 10 years Niakwa Place sales snapshot (~80% of all data)
228
303.7k
$288/sqft
1976
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81.4 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: #46110584
$114K
Median household income
$127K
Average household income
1%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
15%
Single-person households
40%
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
43 Fallbrook Bay — 1 amenities found within 500 m, across 1 categories, including 1 education (nearest 402 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 15% | Top 31% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 43 Fallbrook Bay, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home stands out for its exceptionally generous lot size of nearly a third of an acre (12,780 sq ft), placing it in the top 3% of properties city-wide. This is its most defining feature, offering rare potential for expansion, gardening, or private outdoor space in the city. Built in 1969, the 1,624 sq ft living area is comfortably above average for the immediate street and neighbourhood, suggesting a well-proportioned layout.
The appeal lies in a compelling combination of established location and significant land value. While the home itself is of a mature age, its assessed value ranks highly on its street, indicating the premium placed on the parcel itself. It suits a specific buyer: someone who values space and privacy over a brand-new build, and who may see potential in the existing structure or the possibility of a future renovation or addition, leveraging one of the larger lots in the area.
Frequently Asked Questions
1. How does the home’s age affect its condition and value?
Built in 1969, the property is part of Winnipeg’s established housing stock. While the age is average city-wide, it means buyers should budget for potential updates to major systems like roofing, plumbing, or windows. The value is strongly supported by the land, which often cushions the depreciation of the structure itself.
2. The assessed value seems high for the street but average for the area. Why?
The assessment reflects both the structure and the land. Its "Elite" ranking on Fallbrook Bay is likely due to its much larger lot compared to neighbours. In the broader Niakwa Place area, lot sizes are more varied, making its assessed value appear more average in that wider context.
3. What can the sold price history tell me?
Records show it last sold between $400k-$450k in August 2023. This recent sale provides a concrete market benchmark, suggesting the current assessed value is aligned with very recent market activity. The exact sold price is available upon request.
4. Is the large lot size typical for Niakwa Place?
No, it is not typical. The lot size is in the top 6% for the neighbourhood, meaning it is significantly larger than most properties in Niakwa Place. This is a key differentiator for this specific address.
5. Who would this property not suit?
It may not suit buyers seeking a modern, move-in-ready home without any projects, as a home of this age may require updates. It also may not appeal to those who prefer a low-maintenance yard, as a lot of this size requires more upkeep.
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