84 Fallbrook Bay

Niakwa Place, Winnipeg

Property score

69.0

Good

Overall 69.0 · Smaller and older than most nearby homes

1,081 sqft (bottom 29%) · Built in 1969 (7 yrs older than avg)

Located in a high-income area with median household income of ~114k

Transit 82.0 · 7-min walk to transit with 5 nearby routes · Within 500m: 1 school, 1 shop, and 1 place of worship nearby

Living Area

Below average

27% 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)

Sold Count

228

Median price

303.7k

$/sqft

$288/sqft

Avg build year

1976

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Property score

69.0 is composed by the two sections below.

Property Score

56.7Fair
Living Area1,081 sqft52Fair
Year Built196952Fair
Lot Size6,673 sqft85Excellent
Neighbourhood Sales Activity48Low

Community Score

87.5Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110584

Community deep dive

$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

Population, labour & age

Population (2021)633
Labour force participation rate64%
Median age44.4
Avg household size2.8
Unemployment rate8%
Population density2532 / km²

Households & income

Low income (LIM-AT, % pop.)1%
Single-person households15%
Couple families with children40%
Median household income (2020)$114K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority20%
Bachelor's or higher (25–64)42%
Mother tongue (1st)English · 75%
Mother tongue (2nd)French · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,081 sqft
0255075100
Same streetTop 47%Same areaBottom 29%CitywideBottom 38%
Same street · Fallbrook Bay
#21 / 45
Top 47% · Avg 1,142 sqft
Same area · Niakwa Place
#488 / 685
Bottom 29% · Avg 1,490 sqft
Citywide · Winnipeg
#121,461 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
362k
0255075100
Same streetBottom 40%Same areaBottom 31%CitywideTop 50%
Same street · Fallbrook Bay
#27 / 45
Bottom 40% · Avg 378.4k
Same area · Niakwa Place
#471 / 685
Bottom 31% · Avg 446.8k
Citywide · Winnipeg
#96,445 / 194,458
Top 50% · Avg 390.1k

Year Built

Elite
1969
0255075100
Same streetTop 4%Same areaBottom 25%CitywideTop 49%

Lot Size

above average
6,673 sqft
0255075100
Same streetTop 29%Same areaTop 45%CitywideTop 20%

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

84 Fallbrook Bay — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 288 m), 1 shopping (nearest 474 m).

Search radius
🏫Education1
🛒Shopping1
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 9/2023CA$300k–350k
Sold price

Same street

Top 46%

Same area

Bottom 44%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 84 Fallbrook Bay, Winnipeg

Property Overview: 84 Fallbrook Bay, Winnipeg

Key Characteristics & Appeal

This home at 84 Fallbrook Bay in Niakwa Place is a 1969 bungalow presenting a balanced, grounded opportunity. With 1,081 sqft of living space, it sits around the average for its immediate street and the wider city, offering a practical footprint for everyday living. Its standout feature is the 6,673 sqft lot, which ranks in the top 20% city-wide, providing generous outdoor space that is increasingly rare. The assessed value of $362k is consistently around the median across all comparison levels, suggesting a stable, market-reflective valuation.

The appeal here is one of established consistency rather than dramatic outperformance. It’s a property that holds its own, particularly on its own street where it is one of the older homes (built in 1969, ranking in the top 4% on Fallbrook Bay), which can sometimes indicate a well-built, original-condition home in a mature setting. The recent sale in late 2023 within the $300k-$350k range provides a solid, contemporary price benchmark.

This home would suit a buyer looking for a manageable-sized house with a premium lot size in a mature neighbourhood. It’s ideal for someone who values private outdoor space for gardening, play, or future expansion over a large interior. It also fits a buyer seeking a property with transparent, average valuations, minimizing the risk of overpaying in a heated market segment.


Frequently Asked Questions

1. How does the home’s size compare to others nearby?
At 1,081 sqft, the living area is slightly below the average for the broader Niakwa Place area but is very much in line with the average for homes directly on Fallbrook Bay and for the city overall. It’s a comfortably average-sized bungalow for its vintage.

2. Is the lot size a significant advantage?
Yes. The lot of 6,673 sqft is a key asset, ranking above average for the street and in the top 20% across Winnipeg. This offers substantial yard space that is harder to find in newer subdivisions and provides potential for landscaping, recreation, or future additions.

3. What does the “Elite” ranking for Year Built on the street mean?
This indicates the home, built in 1969, is one of the first two built on Fallbrook Bay out of 45 homes. It doesn’t mean the home is newer or more luxurious; rather, it signifies a well-established position in a mature streetscape, often associated with larger, treed lots and settled character.

4. How current is the sold price data, and is it reliable?
The sold price range of CA$300k–350k is from September 2023, providing a recent market transaction. The data is from public sources, not the MLS, and the site offers a manual verification service for exact figures, acknowledging the need for due diligence.

5. Who would this property not suit?
Buyers seeking a modern, turn-key home with an open-concept layout may find the 1969 floor plan and average interior square footage less appealing. It’s also not a “top-of-the-market” performer in its area based on metrics, so it may not attract investors looking solely for rapid appreciation from undervalued assets. Its strength is in its stable, balanced profile.

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