Property score
65.1
Good
Overall 65.1 · Smaller and older than most nearby homes
968 sqft (bottom 12%) · Built in 1969 (7 yrs older than avg)
Located in a high-income area with median household income of ~114k
Transit 82.0 · 6-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 1 park nearby
Living Area
Below average
35% 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)
228
303.7k
$288/sqft
1976
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65.1 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: #46110584
$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
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
7 Fallbrook Bay — 7 amenities found within 500 m, across 6 categories, including 1 dining (nearest 484 m), 2 education (nearest 346 m), 1 shopping (nearest 368 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 | Top 8% | Top 29% | Top 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 33% | Bottom 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Fallbrook Bay, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-family home built in 1969, situated on a generous 6,374 sqft lot in the Niakwa Place neighbourhood. The data reveals a property of interesting contrasts. While its 968 sqft living area is notably below average for both the street and the wider city, its assessed value of $407k ranks above average on its street. This suggests the value is driven by factors beyond pure square footage, such as its desirable lot size, which is above average city-wide, and its specific location on Fallbrook Bay.
The home’s appeal lies in its established setting and land potential. It suits a buyer looking for a solid footprint in a mature neighbourhood without the premium for a large, modern house. It could be ideal for downsizers seeking manageable indoor space with ample outdoor room, or for value-conscious buyers or renovators who see potential in expanding the living area relative to the lot size. The fact it’s one of the newer homes on its specific street (ranking in the top 4%) is a less obvious advantage, potentially indicating slightly updated infrastructure compared to immediate neighbours.
Frequently Asked Questions
1. Why is the assessed value relatively high when the house is below average in size?
The assessed value reflects more than just living area. It accounts for the above-average city-wide lot size, the specific location on Fallbrook Bay, and the overall desirability of the Niakwa Place neighbourhood. Value is often tied to land and location, which this property has.
2. What does the sold price history tell me?
The home sold in July 2023 for an estimated $400k-$450k, a price that ranked in the top 8% for its street at that time. This recent sale supports the current assessed value and indicates strong demand for properties on this bay.
3. How does the lot size compare, and what does it offer?
At 6,374 sqft, the lot is larger than the typical Winnipeg lot. This provides ample space for gardening, outdoor recreation, or potential future additions like a deck, garage, or even a home expansion, subject to zoning.
4. Is the 1969 build date a concern?
While the home is 57 years old, it is actually one of the newer homes on Fallbrook Bay. This suggests it may have benefited from construction standards or updates from that era not found in older neighbouring homes. A thorough inspection is always recommended to understand the condition of major systems.
5. How can I find out the exact past sold prices?
Due to industry regulations, exact sold prices are not published directly on the site. You can request the full transaction history and exact figures by emailing the site administrators, who will provide a manual lookup.
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