52 Fallbrook Bay

Niakwa Place, Winnipeg

Property score

68.7

Good

Overall 68.7 · Smaller and older than most nearby homes

1,081 sqft (bottom 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, and 1 shop nearby

Living Area

Below average

27% smaller 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)

Sold Count

228

Median price

303.7k

$/sqft

$288/sqft

Avg build year

1976

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Property score

68.7 is composed by the two sections below.

Property Score

56.1Fair
Living Area1,081 sqft52Fair
Year Built196952Fair
Lot Size6,325 sqft81Excellent
Neighbourhood Sales Activity48Low

Community Score

87.5Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110584

Community deep dive

$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

Population, labour & age

Population (2021)633
Labour force participation rate64%
Median age44.4
Avg household size2.8
Unemployment rate8%
Population density2532 / km²

Households & income

Low income (LIM-AT, % pop.)1%
Single-person households15%
Couple families with children40%
Median household income (2020)$114K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority20%
Bachelor's or higher (25–64)42%
Mother tongue (1st)English · 75%
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

around average
1,081 sqft
0255075100
Same streetTop 47%Same areaBottom 29%CitywideBottom 38%
Same street · Fallbrook Bay
#21 / 45
Top 47% · Avg 1,142 sqft
Same area · Niakwa Place
#488 / 685
Bottom 29% · Avg 1,490 sqft
Citywide · Winnipeg
#121,461 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
410k
0255075100
Same streetTop 22%Same areaTop 45%CitywideTop 36%
Same street · Fallbrook Bay
#10 / 45
Top 22% · Avg 378.4k
Same area · Niakwa Place
#305 / 685
Top 45% · Avg 446.8k
Citywide · Winnipeg
#69,891 / 194,458
Top 36% · Avg 390.1k

Year Built

Elite
1969
0255075100
Same streetTop 4%Same areaBottom 25%CitywideTop 49%

Lot Size

above average
6,325 sqft
0255075100
Same streetBottom 29%Same areaBottom 37%CitywideTop 25%

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

52 Fallbrook Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 341 m), 1 shopping (nearest 497 m).

Search radius
🏫Education1
🛒Shopping1

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 10/2020CA$350k–400k
Sold price

Same street

Top 23%

Same area

Top 43%

City-wide

Top 39%

Related homes

Highlights & common questions: 52 Fallbrook Bay, Winnipeg

Property Overview

52 Fallbrook Bay is a well-established home in Winnipeg's Niakwa Place neighbourhood, built in 1969. With 1,081 sqft of living space on a 6,325 sqft lot, it presents a classic, single-family footprint. The home’s assessed value of $410k positions it above average for its immediate street but around the middle range for the wider area and city. This creates an interesting value proposition: it’s a premium property on its own block. Its age is a standout feature on Fallbrook Bay, ranking it among the very oldest homes there, which may appeal to those seeking a mature streetscape with established character.

The appeal here is one of stability and relative value within a specific locale. It suits a practical buyer who values a larger-than-city-average lot in a settled neighbourhood, without requiring a massive or modern home. It could be ideal for a first-time homeowner looking for a solid entry point into a family-friendly area, or someone downsizing who still wants generous outdoor space. A thoughtful perspective is that while the home itself is modest in size compared to area averages, its above-street-average valuation suggests the lot and location on Fallbrook Bay are considered desirable assets, potentially offering a good foundation for future updates.


Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home last sold between $350k-$400k in late 2020. The current $410k assessment is slightly above that range, which is common as assessments aim to reflect market value. It indicates the city’s estimate of its worth has increased since the last sale.

2. Is the house small for the neighbourhood?
Yes, but context matters. At 1,081 sqft, its living area is below the Niakwa Place average (~1,490 sqft). However, on its specific street (Fallbrook Bay), it’s much closer to the average (~1,142 sqft). It’s a compact home relative to the broader area.

3. What does the "Elite" ranking for year built mean?
This means it's one of the oldest homes on Fallbrook Bay, ranking in the top 4%. This isn't about luxury, but about vintage. It indicates a street with a mix of ages and suggests this home is part of the original character of the block.

4. Is the lot size a pro or a con?
It depends on your priority. The lot is below average for the street but above average city-wide. You’re getting more land than a typical Winnipeg lot, but less than some neighbours on Fallbrook Bay. It offers good outdoor space without being overwhelming to maintain.

5. How can I get the exact historical sale price?
The site provides sold price ranges publicly. Due to industry regulations, exact sale figures are not displayed online here. You can request the exact sold price history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.

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