671 Niakwa Road

Niakwa Place, Winnipeg

Property score

70.8

Good

Overall 70.8 · Older than most nearby homes

1,513 sqft (top 35%) · Built in 1957 (19 yrs older than avg)

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

Transit 52.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 park, 1 sports facility, and 1 bank/ATM nearby

Living Area

Near average

2% larger than neighborhood avg.

Taon ng Paggawa

Below average

19 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

70.8 is composed by the two sections below.

Property Score

73.4Good
Living Area1,513 sqft79Good
Taon ng Paggawa195743Low
Lupa35,048 sqft100Excellent
Neighbourhood Sales Activity48Low

Community Score

66.9Good
Household Income72Good
Education Level63Fair
Housing Stress52Fair
Core Housing Need63Fair
Employment Health68Good

Istatistika ng benta ng komunidad

Niakwa Place

How to read: Share of sales in each ~$50k price band for “niakwa place” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

lampas sa average
1,513 sqft
0255075100
Same streetBottom 37%Same areaTop 35%CitywideTop 30%
Same street · Niakwa Road
#12 / 19
Bottom 37% · Avg 1,958 sqft
Same area · Niakwa Place
#241 / 685
Top 35% · Avg 1,490 sqft
Citywide · Winnipeg
#57,663 / 194,458
Top 30% · Avg 1,342 sqft

Assessed Value

lampas sa average
592k
0255075100
Same streetTop 42%Same areaTop 16%CitywideTop 9%
Same street · Niakwa Road
#8 / 19
Top 42% · Avg 570.1k
Same area · Niakwa Place
#108 / 685
Top 16% · Avg 446.8k
Citywide · Winnipeg
#16,534 / 194,458
Top 9% · Avg 390.1k

Taon ng Paggawa

karaniwan
1957
0255075100
Same streetBottom 26%Same areaBottom 1%CitywideBottom 37%

Lupa

Elite
35,048 sqft
0255075100
Same streetTop 16%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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

671 Niakwa Road — 3 amenities found within 500 m, across 3 categories, including 1 parks (nearest 171 m).

Search radius
🌳Parks1
💪Sports1
🏦Finance1

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%

Kasaysayan ng Benta

Naibenta 8/2023CA$650k–700k
Presyo ng benta

Parehong kalye

Top 33%

Parehong lugar

Top 4%

Buong lungsod

Top 4%
Naibenta 7/2016CA$400k–450k
Presyo ng benta

Parehong kalye

Bottom 33%

Parehong lugar

Top 26%

Buong lungsod

Top 27%

Related homes

Mga tampok at karaniwang tanong: 671 Niakwa Road, Winnipeg

Property Overview

671 Niakwa Road presents a compelling opportunity defined by a significant contrast: a modestly sized home on an exceptionally large lot. Built in 1957, the 1,513 sqft house sits on a 35,048 sqft parcel of land, which is its most distinguished feature. While the living area is fairly average for its Niakwa Place neighbourhood and the home itself is one of the older ones on the street, the property’s assessed value of $592k is consistently above average when compared to both the wider area and the entire city. This suggests the premium is placed squarely on the land. The home last sold in August 2023 for an estimated $650k-$700k, indicating strong recent market interest.

Key Characteristics, Appeal & Ideal Buyer

The primary appeal of this property is its immense lot size, which ranks in the top 1% both within the Niakwa Place area and city-wide. This offers rare potential for expansion, gardening, or simply enjoying substantial private outdoor space in a well-established neighbourhood. The house itself offers comfortable, though not oversized, living space. Its value is solidly above average for Winnipeg, positioning it as a premium property within the broader market.

This home would best suit a buyer who values land over a turnkey, modern footprint. It’s an ideal canvas for someone with a vision—whether that’s a major renovation, a future addition, or simply prizing expansive grounds. It may also appeal to an investor or builder who sees the underlying land value. The buyer should be comfortable with the maintenance and potential updating needs of a home from the late 1950s.

Frequently Asked Questions

1. Is the house in need of major updates?
Given it was built in 1957, buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, depending on their maintenance history. A thorough inspection is essential.

2. Why is the assessed value so much higher than the city average?
The assessed value reflects the property’s exceptionally large lot size, which is a rare commodity. Value is driven more by the land potential than the size or age of the existing structure.

3. What can I do with such a large lot?
The lot size offers flexibility for significant additions, building a secondary structure (subject to zoning and permits), creating extensive landscaping or gardens, or simply enjoying unparalleled privacy and space for recreation.

4. How does the 2023 sale price relate to the current assessed value?
The property sold for an estimated $650k-$700k in August 2023, which is notably higher than the current $592k assessed value. This difference highlights how market prices can fluctuate based on demand, while assessed value is an administrative valuation for tax purposes.

5. How do I find out the exact past sale prices?
The site provides sold price ranges. To obtain the exact historical sale figures, you must request them directly via email, as this data is not sourced from the MLS system.

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