Property score
58.4
Fair
Overall 58.4 · Smaller than most nearby homes
804 sqft (bottom 4%) · Built in 1971 (5 yrs older than avg)
Located in a above-average income area with median household income of ~86k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 schools, 2 parks, 1 sports facility, and 2 place of worships nearby
Living Area
Below average
46% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 73%French · 10%
Past 10 years Niakwa Place sales snapshot (~80% of all data)
228
303.7k
$288/sqft
1976
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58.4 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: #46111143
$86K
Median household income
$123K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
26%
Single-person households
21%
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
78 Gleneagles Road — 9 amenities found within 500 m, across 4 categories, including 4 education (nearest 155 m), 2 parks (nearest 271 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 36% | Bottom 48% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
78 Gleneagles Road presents a distinct profile within Winnipeg's Niakwa Place neighbourhood. Its primary characteristic is a notable imbalance between the size of the home and the size of the lot. The 804 sqft bungalow, built in 1971, is significantly smaller than average for the street, area, and city. However, it sits on a generous 7,333 sqft lot that ranks well above average in all comparisons. The assessed value of $394k is consistently around the median benchmark for its immediate street and the wider city.
The appeal here lies in the potential of the land. For the price point, buyers are acquiring a proportionally large, established lot in a mature neighbourhood. This suits a specific type of buyer: those with a vision for expansion, a desire for ample outdoor space, or an interest in a long-term property where the land itself is the primary asset. It's less suited for those seeking immediate move-in condition with ample square footage. A thoughtful perspective is recognizing this as a "value-in-waiting" property; its current ranking is based on existing structures, but its future value could be reshaped by the right improvements.
Frequently Asked Questions
1. Is the house in need of major updates?
Given it was built in 1971 and is below average in size, buyers should budget for modernizations. The systems, roof, and interior finishes are likely original or dated, which is typical for a home of this age.
2. Why is the assessed value average when the house is so small?
The assessment reflects both the building and the land. While the living area is small, the above-average lot size in a established neighbourhood contributes significantly to holding the overall value at the median level.
3. What could be done with such a large lot and a small house?
The lot offers clear potential for additions, a garage, or extensive landscaping. It provides a rare opportunity in the city to significantly expand the living space without the lot feeling cramped, subject to local zoning and permit approvals.
4. How does the last sold price compare?
Records indicate it last sold between $300k-$350k in December 2020. The current assessed value suggests market appreciation since that sale.
5. Is the neighbourhood desirable?
Niakwa Place is a mature, established area. The data shows homes here generally have larger lots and higher average values than the city-wide median, indicating it's a stable, sought-after location.
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