50 Willow Point Road

Niakwa Place, Winnipeg

Property score

61.7

Fair

Overall 61.7 · Smaller than most nearby homes

955 sqft (bottom 12%) · Built in 1971 (5 yrs older than avg)

Located in a above-average income area with median household income of ~86k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Below average

36% 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)

Sold Count

228

Median price

303.7k

$/sqft

$288/sqft

Avg build year

1976

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Property score

61.7 is composed by the two sections below.

Property Score

51.9Fair
Living Area955 sqft42Low
Year Built197158Fair
Lot Size6,992 sqft85Excellent
Neighbourhood Sales Activity48Low

Community Score

76.3Good
Household Income79Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health42Low

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: #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.

Rankings

Living Area

below average
955 sqft
0255075100
Same streetBottom 17%Same areaBottom 12%CitywideBottom 22%
Same street · Willow Point Road
#35 / 42
Bottom 17% · Avg 1,235 sqft
Same area · Niakwa Place
#604 / 685
Bottom 12% · Avg 1,490 sqft
Citywide · Winnipeg
#152,288 / 194,458
Bottom 22% · Avg 1,342 sqft

Tax-Assessed Value

around average
376k
0255075100
Same streetBottom 31%Same areaBottom 38%CitywideTop 45%
Same street · Willow Point Road
#29 / 42
Bottom 31% · Avg 405.1k
Same area · Niakwa Place
#428 / 685
Bottom 38% · Avg 446.8k
Citywide · Winnipeg
#87,643 / 194,458
Top 45% · Avg 390.1k

Year Built

above average
1971
0255075100
Same streetTop 29%Same areaTop 44%CitywideTop 47%

Lot Size

above average
6,992 sqft
0255075100
Same streetTop 31%Same areaTop 36%CitywideTop 17%

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

50 Willow Point Road — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 205 m), 1 parks (nearest 329 m).

Search radius
🏫Education1
🌳Parks1
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 5/2023CA$400k–450k
Sold price

Same street

Top 33%

Same area

Top 34%

City-wide

Top 33%

Related homes

Highlights & common questions: 50 Willow Point Road, Winnipeg

Property Overview: 50 Willow Point Road, Niakwa Place, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a specific value proposition centered on its generous lot and established location. Built in 1971, it is a slightly newer home compared to others on its street. The key characteristic is the balance between a modest 955 sqft living area and a substantial, nearly 7,000 sqft lot that is above average city-wide. This creates a scenario where the assessed value ($376k) sits around the average for the area, suggesting you are paying primarily for location and land rather than interior square footage.

Its appeal lies in the potential for outdoor space and privacy in the Niakwa Place neighbourhood. It would suit a buyer who prioritizes yard size over a large interior—perfect for gardening, pets, or future expansion—and is comfortable with a cozier, efficiently designed home. It’s also a practical match for first-time buyers or downsizers looking to enter an established area without the premium price of a larger modern house, accepting that some updates may be needed given the home's age.

A less obvious perspective is that this property’s below-average living area, when paired with an around-average assessed value, indicates the land itself holds significant worth. This can be appealing for those viewing real estate as a long-term land investment in a stable neighbourhood, with the existing house serving as a functional entry point.

Section 2: Frequently Asked Questions

1. Is the house in need of major updates?
Built in 1971, the home is over 50 years old. While it is newer than many on its street, prospective buyers should budget for potential updates to major systems like roofing, plumbing, or windows, and should prioritize a thorough home inspection.

2. How does the lot size compare to typical city lots?
The 6,992 sqft lot is a standout feature. It ranks in the top 17% city-wide, meaning it is significantly larger than the average Winnipeg lot (approx. 6,570 sqft). This offers more private outdoor space than many properties.

3. Why is the living area considered below average?
At 955 sqft, the home’s living space is smaller than most comparable homes in Niakwa Place (avg. ~1,490 sqft) and across Winnipeg. This confirms the property is best for those who value space outside the home’s walls.

4. What does the sold price history indicate?
Records show the home sold in May 2023 for an estimated $400k-$450k. This recent sale price range aligns closely with the current $376k assessed value, suggesting stable market value in the area over the past two years.

5. How can I get the exact historical sold prices?
The website does not display exact MLS sold figures. To obtain the precise sale history and verified data, you must request it directly from the site via email, as noted in their data disclaimer.

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