Property score
61.8
Fair
Overall 61.8 · Smaller than most nearby homes
1,044 sqft (bottom 22%) · Built in 1971 (5 yrs older than avg)
Located in a above-average income area with median household income of ~86k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 3 parks, and 1 sports facility nearby
Living Area
Below average
30% 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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61.8 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
8 Bluewater Crescent — 7 amenities found within 500 m, across 3 categories, including 3 education (nearest 107 m), 3 parks (nearest 286 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 29% | Bottom 36% | Bottom 45% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Bottom 4% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 8 Bluewater Crescent, Niakwa Place
Section 1: Key Characteristics & Appeal
This well-situated two-storey home in Niakwa Place presents a solid opportunity in a mature, established neighbourhood. Its key characteristic is a renovated basement, adding valuable finished living space to the 1,044 sqft main footprint. Built in 1971, the home sits on a generous 3,869 sqft lot, providing ample outdoor space—a notable asset in this setting.
The appeal lies in its strong positional value and recent market performance. The home’s assessed value and recent 2023 sale price rank consistently in the top tiers for the neighbourhood and city, suggesting it is viewed as a desirable asset within its category. It suits practical buyers looking for a move-in-ready base in a quiet area, particularly those who value a large yard and the potential of a finished lower level over a modern, oversized floor plan. A thoughtful perspective is that this property represents a "value-density" play: you're acquiring a competitively priced home on a lot size that is increasingly rare in new developments, offering long-term land value in a settled community.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 3,869 sqft, the lot is larger than approximately 63% of others on Bluewater Crescent and ranks in the top 19% for lot size within the wider Niakwa Place neighbourhood.
2. What does the sale history indicate?
The home sold for $320,000 in July 2023. This sale price ranked higher than 69% of recent sales on its street and in the top 16% for the neighbourhood, indicating strong buyer demand for this specific property.
3. Is the living space typical for the area?
With 1,044 sqft of living area, it is moderately sized, ranking in the top 41% on its street. It offers a comfortable footprint that is common for the era, with the renovated basement providing additional functional space.
4. How does the assessed value relate to the sale price?
The assessed value is $29,900. It is important to understand that municipal assessed value for tax purposes is often significantly lower than market value, as clearly demonstrated by the 2023 sale price of $320,000.
5. What are comparable nearby properties like?
Nearby references, such as 57 Abington Road, show similar assessed values and living areas, while others like 75 Bluewater Crescent are larger and have a higher assessed value. This suggests the subject home is positioned in the mid-range for the immediate area.
