Property score
63.2
Fair
Overall 63.2 · Smaller than most nearby homes
1,072 sqft (bottom 27%) · Built in 1970 (6 yrs older than avg)
Located in a high-income area with median household income of ~110k
Transit 82.0 · 6-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 shop, 2 parks, and 1 bank/ATM nearby
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 80%French · 4%
Past 10 years Niakwa Place sales snapshot (~80% of all data)
228
303.7k
$288/sqft
1976
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63.2 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: #46110588
$110K
Median household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.3
P90 / P10 ratio
21%
Single-person households
36%
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
856 Niakwa Road — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 417 m), 1 shopping (nearest 436 m), 2 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 | Bottom 17% | Top 29% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 856 Niakwa Road
Key Characteristics & Appeal
This home at 856 Niakwa Road presents a specific value proposition within the Niakwa Place neighbourhood. Built in 1970, it is one of the newer homes on its street. With 1,072 sqft of living space, it is notably more compact than most houses in the immediate area, but its size is closer to the Winnipeg citywide average. The lot size of 6,782 sqft follows a similar pattern: it is the smallest on Niakwa Road, yet it is actually above average compared to lots across the entire city.
The appeal here is grounded in practicality and location. The assessed value of $340k is significantly below the neighbourhood average, suggesting a potentially more accessible entry point into the area. This combination—a manageable-sized home on a decent city lot in an established neighbourhood—suits first-time buyers, downsizers, or investors seeking a straightforward property. It’s a home for those who prioritize location and lot over interior square footage, and who see value in a house that is newer than many of its neighbours, possibly requiring less immediate upkeep.
Frequently Asked Questions
1. Why is the assessed value so much lower than other homes on the street?
The assessed value is based on key characteristics like living area and lot size. This home has the smallest living area and lot on Niakwa Road, which directly results in a lower assessment compared to the larger, estate-style properties that define the street's average.
2. Is the lot size a disadvantage?
While it's the smallest on the street, the lot is still a generous size by Winnipeg standards—it's above the citywide average. It offers ample outdoor space for gardening or recreation without the extensive maintenance of a much larger yard.
3. Who would this home not be suitable for?
It may not suit buyers who need substantial indoor space for a growing family or who desire a home that aligns with the larger, estate-like scale typical of Niakwa Road. The interior square footage is best for simpler living arrangements.
4. The data shows it sold for between $400k-$450k in late 2024. Why was the sale price higher than the $340k assessment?
Property assessments are for taxation purposes and often lag behind current market values. The sale price is determined by what buyers are willing to pay in the active market, which can be influenced by factors like recent renovations, interior condition, and market demand that aren't fully captured in the assessment.
5. How can I get the exact sale price?
The exact sale price is not publicly displayed due to industry regulations. You can request the verified sale history by emailing the site directly via the "Request exact figures by email" link provided on the detail page.
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