Property score
63.6
Fair
Overall 63.6 · Smaller than most nearby homes
1,002 sqft (bottom 17%) · Built in 1970 (6 yrs older than avg)
Located in a above-average income area with median household income of ~86k
Transit 80.0 · 3-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
33% smaller than neighborhood avg.
Year Built
Below average
6 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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63.6 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
51 Farnham Road — 9 amenities found within 500 m, across 4 categories, including 4 education (nearest 210 m), 3 parks (nearest 237 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%
51 Farnham Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 51 Farnham Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This is a well-situated, mid-century home in the established Niakwa Place neighbourhood. Built in 1970, the 1,002 sqft house sits on a 5,607 sqft lot. The data presents a picture of a property that holds its value well within its immediate locale. Its assessed value of $387k ranks above average for Farnham Road itself, suggesting it is one of the more substantial homes on its specific street. However, within the wider Niakwa Place area and city-wide, its value and living space are more aligned with the average, positioning it as a solid, middle-market option.
The appeal lies in its established setting and relative value. For the street, you get a home that stands out slightly in terms of assessed worth. The lot size is manageable without being overly demanding, suitable for gardening or outdoor space without excessive upkeep. It would likely suit first-time buyers or downsizers looking for a stable, no-surprises home in a mature neighbourhood, or an investor seeking a property with proven, steady valuation in a central Winnipeg area.
A less obvious perspective is that its "around average" metrics city-wide could be a strength, indicating a lower risk of overpaying relative to the broader market. It’s a property that represents the established norm rather than an outlier, which can mean predictable costs and stable long-term value.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above the average for Farnham Road itself but is generally around the average for the larger Niakwa Place neighbourhood and the city as a whole. This suggests it is a well-regarded property on its street within a broadly typical price range for the area.
2. Is the living space smaller than average?
Yes, the living area is below the average for both the Niakwa Place area and Winnipeg overall. This indicates a more compact or efficiently designed home, which may appeal to those seeking easier maintenance and lower utility costs.
3. What does the year built (1970) mean for potential updates?
As a home built 56 years ago, it is older than most on its street but around the average age for the city. Buyers should budget for updates consistent with a home of this era, such as windows, roofing, or mechanical systems, while also appreciating the character of a mature neighbourhood.
4. How can I get exact historical sale price data for this property?
The site does not display MLS sold records. To obtain the full transaction history and exact sale figures, you must request a manual lookup via email. The provided service will send you the exact data without using your email for marketing.
5. What are the nearby properties like?
Immediate neighbours on Farnham Road and Cherwell Road are similarly aged homes. The provided comparisons on Bluewater Crescent show a range of sizes and values in Niakwa Place, from a similarly sized home at a lower assessed value to a significantly larger home at a higher value, highlighting the variety within the neighbourhood.
