Property score
56.2
Fair
Overall 56.2 · Smaller than most nearby homes
850 sqft (bottom 9%) · Built in 1971 (5 yrs older than avg)
Located in a high-income area with median household income of ~93k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 4 schools, 2 parks, 1 sports facility, and 2 place of worships nearby
Living Area
Below average
43% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 62%French · 16%
Past 10 years Niakwa Place sales snapshot (~80% of all data)
228
303.7k
$288/sqft
1976
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56.2 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: #46110585
$93K
Median household income
$91K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
25%
Single-person households
28%
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
57 Cherwell Road — 9 amenities found within 500 m, across 4 categories, including 4 education (nearest 271 m), 2 parks (nearest 224 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 1% | Bottom 12% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
57 Cherwell Road is a well-established, compact bungalow in Winnipeg's Niakwa Place neighbourhood. Built in 1971, it offers 850 square feet of living space on a 3,520 square foot lot, with a municipal assessed value of $295,000. The home presents a practical, lower-maintenance footprint in a mature area.
Key Characteristics & Appeal
This property’s primary appeal lies in its efficiency and position as a relatively accessible entry point into a stable neighbourhood. With a living area and assessed value that are around average for its immediate street but below the averages for the larger Niakwa Place area and the city overall, it represents a more modest and affordable option within its community. The lot size follows a similar pattern, offering a manageable yard.
It would suit first-time buyers, downsizers, or investors seeking a straightforward, lower-priced property with the potential to update. A thoughtful perspective is that its "below average" metrics for the area might actually be a benefit for the right buyer, offering lower property taxes and less space to maintain compared to many neighbouring homes, while still providing the location advantages of Niakwa Place.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $295k is for municipal tax purposes. The actual market price is determined by current conditions, the home's state, and buyer demand. It last sold between $250k-$300k in mid-2020.
2. Is the living space sufficient for a small family?
At 850 sq ft, the home is compact. It would be most suitable for a single person, a couple, or a very small family comfortable with efficient living spaces. It is significantly smaller than the average home in Niakwa Place (1,490 sq ft).
3. What are the implications of the home being built in 1971?
As a 55-year-old home, a thorough inspection is essential to understand the condition of major systems like roof, plumbing, wiring, and foundation. This age also suggests potential for renovations to modernize layouts and finishes.
4. How does the lot size compare, and what does it allow?
The 3,520 sq ft lot is manageable but smaller than many in the area. It allows for a modest backyard and garden but may not accommodate large additions or extensive outdoor amenities like a pool.
5. How can I get the exact historical sold price for this home?
The site provides sold price ranges for non-members. To obtain the exact sale history and figures, you must request a manual lookup via email from the service, as they do not display MLS sold records directly on the website.
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