625 Niakwa Road

Niakwa Place, Winnipeg

Property score

75.5

Good

Overall 75.5 · Larger but older than most nearby homes

1,957 sqft (top 20%) · Built in 1956 (20 yrs older than avg)

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

Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 3 parks, 1 bank/ATM, and 1 place of worship nearby

Living Area

Above average

31% larger than neighborhood avg.

Year Built

Below average

20 yrs older 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

75.5 is composed by the two sections below.

Property Score

81.2Excellent
Living Area92
1,957 sqftExcellent
Year Built43
1956Low
Lot Size100
32,495 sqftExcellent
Neighbourhood Sales Activity48
Low

Community Score

66.9Good
Household Income72
Good
Education Level63
Fair
Housing Stress52
Fair
Core Housing Need63
Fair
Employment Health68
Good

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
1,957 sqft
0255075100
Same streetTop 37%Same areaTop 20%CitywideTop 12%
Same street · Niakwa Road
#7 / 19
Top 37% · Avg 1,958 sqft
Same area · Niakwa Place
#134 / 685
Top 20% · Avg 1,490 sqft
Citywide · Winnipeg
#23,242 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
546k
0255075100
Same streetBottom 42%Same areaTop 22%CitywideTop 13%
Same street · Niakwa Road
#11 / 19
Bottom 42% · Avg 570.1k
Same area · Niakwa Place
#148 / 685
Top 22% · Avg 446.8k
Citywide · Winnipeg
#25,681 / 194,458
Top 13% · Avg 390.1k

Year Built

around average
1956
0255075100
Same streetBottom 21%Same areaBottom 1%CitywideBottom 36%

Lot Size

Elite
32,495 sqft
0255075100
Same streetTop 32%Same areaTop 1%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

625 Niakwa Road — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 388 m).

Search radius
🌳Parks3
🏦Finance1
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 11/2019CA$450k–500k
Sold price

Same street

Top 50%

Same area

Top 20%

City-wide

Top 21%

Related homes

Highlights & common questions: 625 Niakwa Road, Winnipeg

Property Overview: 625 Niakwa Road

Key Characteristics, Appeal & Ideal Buyer

This home at 625 Niakwa Road is defined by a compelling contrast between its house and its land. Built in 1956, the 1,957 sqft residence offers comfortable, above-average living space for both its immediate Niakwa Place area and Winnipeg overall. Its assessed value of $546k sits around the average for its street but is notably higher than area and citywide averages, reflecting the desirability of the location.

The true standout feature is the extraordinary lot size of approximately 32,500 sqft (over 3/4 of an acre). This places the property in the top 1% for land area both within Niakwa Place and across the entire city. The appeal lies in this rare combination: a well-sized, established home in a mature neighbourhood, paired with an exceptionally private and expansive outdoor canvas. It suits a buyer who values space, privacy, and potential over a brand-new build. This property is ideal for someone with a vision—whether for extensive gardening, recreational space, future additions, or simply enjoying a generous, park-like setting that is increasingly uncommon within the city.

Frequently Asked Questions

1. How does the age of the home (1956) affect its value?
While older than many area homes, the property’s assessed value is strong, indicating that its overall package—particularly the massive lot—offsets the age. Buyers should budget for inspections and potential updates common to homes of this era, but the land itself is a timeless and appreciating asset.

2. What does the sold price history from 2019 tell us?
The prior sale in the $450k-$500k range provides a market baseline from five years ago. The current assessed value suggests significant appreciation since then, which is consistent with broader market trends and underscores the value of the land.

3. Is the lot size a benefit for future expansion?
Absolutely. The elite-sized lot is the property's most significant feature, offering rare flexibility. It provides ample room for potential additions, a garage, outdoor living structures, or landscaping projects, subject to local zoning and bylaws.

4. How does this property compare to others on the street?
On Niakwa Road, the home is fairly typical in terms of living space, value, and lot size. Its distinction becomes clear when viewed in the wider neighbourhood and city context, where its land area is exceptional.

5. Where can I get verified sale history and exact figures?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full, verified transaction history directly via email from the service provider for the most accurate data.