Property score
54.6
Fair
Overall 54.6 · Smaller than most nearby homes
875 sqft (bottom 10%) · Built in 1971 (5 yrs older than avg)
Located in a above-average income area with median household income of ~86k
Transit 80.0 · 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
41% 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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54.6 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
46 Bluewater Crescent — 9 amenities found within 500 m, across 4 categories, including 4 education (nearest 112 m), 3 parks (nearest 173 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 44% | Bottom 11% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 46 Bluewater Crescent, Niakwa Place, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, single-level home built in 1971, offering 875 square feet of living space on a 3,658 sqft lot in the established Niakwa Place neighbourhood. Its primary appeal lies in its position as a more affordable entry point into a mature area. The home’s assessed value of $278,000 is notably below the average for both the immediate street and the wider neighbourhood, suggesting a potential value opportunity for a buyer willing to update a classic layout. The lot size is manageable, offering outdoor space without excessive maintenance.
This property would best suit first-time buyers, downsizers, or practical investors looking for a lower-cost footprint in a stable community. Its below-average price point relative to the area could allow for a renovation budget. A thoughtful perspective is that while the home is smaller than most in Niakwa Place, this can translate to lower utility costs and a simpler, more efficient living space. Its age and value position it not as a luxury purchase, but as a pragmatic one with room to add personal value over time.
Section 2: Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The data indicates it is. The home’s assessed value is in the bottom 20% for Niakwa Place and well below the area average, meaning you are paying less for the same location. This can be advantageous if you value the neighbourhood over having a larger or more updated home.
2. How does the size compare to nearby homes?
At 875 sqft, the living area is compact. It ranks in the bottom third for size within Niakwa Place, where the average home is about 1,490 sqft. This confirms it’s a cozier, more efficient property, not a sprawling family home.
3. What can the recent sale price tell me?
The home sold between $250,000-$300,000 in July 2022. This sale price was below the area average at that time, consistent with the pattern of it being a lower-priced property in the area. Exact figures require a manual lookup from the provider.
4. Is the lot size a disadvantage?
The lot is smaller than the Niakwa Place average but is close to the average for Bluewater Crescent itself. It provides a decent yard for a home of this size but may not offer as much privacy or expansion potential as larger lots in the area.
5. What’s the likely condition given its age and value?
Built in 1971 and with a value consistently below averages, the home likely requires modernization. Buyers should budget for updates to systems, finishes, and possibly layout to meet contemporary standards, which is typical for a property in this price position within a more expensive neighbourhood.
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