617 Niakwa Road

Niakwa Place, Winnipeg

Property score

78.6

Good

Overall 78.6 · Larger and newer than most nearby homes

1,868 sqft (top 22%) · Built in 1986 (10 yrs newer than avg)

Located in a above-average income area with median household income of ~71.5k

Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 shop, 3 parks, and 1 place of worship nearby

Living Area

Above average

25% larger than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 68%French · 5%

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

78.6 is composed by the two sections below.

Property Score

86.4Excellent
Living Area1,868 sqft89Excellent
Year Built198678Good
Lot Size21,678 sqft100Excellent
Neighbourhood Sales Activity48Low

Community Score

66.9Good
Household Income72Good
Education Level63Fair
Housing Stress52Fair
Core Housing Need63Fair
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: #46110586

Community deep dive

$72K

Median household income

$80K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

24%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)769
Labour force participation rate70%
Median age30.4
Avg household size2.7
Unemployment rate11%
Population density2957 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households24%
Couple families with children29%
Median household income (2020)$72K

Housing

Renter households74%
Condominium dwellings3%
Median dwelling value (owners)$260K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority37%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,868 sqft
0255075100
Same streetTop 47%Same areaTop 22%CitywideTop 15%
Same street · Niakwa Road
#9 / 19
Top 47% · Avg 1,958 sqft
Same area · Niakwa Place
#151 / 685
Top 22% · Avg 1,490 sqft
Citywide · Winnipeg
#28,477 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
573k
0255075100
Same streetTop 47%Same areaTop 19%CitywideTop 10%
Same street · Niakwa Road
#9 / 19
Top 47% · Avg 570.1k
Same area · Niakwa Place
#129 / 685
Top 19% · Avg 446.8k
Citywide · Winnipeg
#19,719 / 194,458
Top 10% · Avg 390.1k

Year Built

Elite
1986
0255075100
Same streetTop 5%Same areaTop 20%CitywideTop 27%

Lot Size

Elite
21,678 sqft
0255075100
Same streetBottom 42%Same areaTop 2%CitywideTop 1%

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

617 Niakwa Road — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 498 m), 1 shopping (nearest 489 m), 3 parks (nearest 403 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks3
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 11/2024CA$750k–800k
Sold price

Same street

Top 17%

Same area

Top 2%

City-wide

Top 2%

Related homes

Highlights & common questions: 617 Niakwa Road, Winnipeg

Property Overview: 617 Niakwa Road

Key Characteristics & Appeal

This home at 617 Niakwa Road presents a compelling blend of space, location, and value within Winnipeg’s Niakwa Place neighborhood. Built in 1986, it is notably newer than most homes on its street and in the broader area, suggesting potentially fewer concerns with aging infrastructure and systems. With 1,868 sqft of living space, it offers above-average roominess for both the city and the local area.

The property’s most distinctive feature is its generous 21,678 sqft lot, which places it in the top 1-2% of lots citywide. This exceptional outdoor space is a rare find and offers significant potential for gardening, recreation, or future expansion. With an assessed value of $573,000, the home sits above the average for both Winnipeg and Niakwa Place, indicating a perceived premium in its market position. Recent sale data suggests strong demand, with the final price ranking in the top 2% of the city.

This property would ideally suit buyers seeking a established home with modern conveniences on a truly substantial lot. It appeals to those who value privacy, outdoor space, and the stability of a mature neighborhood, while also appreciating a home that is relatively contemporary compared to its peers. It’s a fit for families or individuals who prioritize room to grow outdoors over having the largest interior footprint on the block.


Frequently Asked Questions

1. How does the home’s size compare to its neighbors?
The living area is slightly below the average for Niakwa Road itself but is comfortably above the average for both the Niakwa Place neighborhood and the city of Winnipeg as a whole.

2. What does the “Elite” ranking for the lot size mean?
The lot size of over 21,600 sqft is exceptionally large. It ranks in the top 2% of lots in Niakwa Place and the top 1% citywide, making it a standout feature that offers rare potential and privacy.

3. Is the assessed value a reliable indicator of the sale price?
The assessed value is for municipal tax purposes and is often different from market value. This home recently sold for a price that ranked in the top 2% citywide, which was significantly above its assessed value, reflecting strong market demand for its specific attributes.

4. What are the implications of the home being newer than others on the street?
Built in 1986, it is the newest home among the 19 comparable properties on Niakwa Road. This can be an advantage, often meaning updates to major systems (like electrical or plumbing) may have been made more recently, and the home may align better with modern layouts and expectations.

5. Where can I find verified sale price history for this property?
The site provides sold price ranges based on public data. For fully verified and exact transaction figures, you must request a manual lookup via email, as this information is not sourced from the MLS system.

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