87 Bluewater Crescent

Niakwa Place, Winnipeg

Property score

85.6

Excellent

Overall 85.6 · Larger and newer than most nearby homes

2,100 sqft (top 15%) · Built in 1987 (11 yrs newer than avg)

Located in a high-income area with median household income of ~93k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 4 schools, 3 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Above average

41% larger than neighborhood avg.

Year Built

Above average

11 yrs newer than neighborhood avg.

Mother tongue

English · 62%French · 16%

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

85.6 is composed by the two sections below.

Property Score

89.1Excellent
Living Area94
2,100 sqftExcellent
Year Built78
1987Good
Lot Size98
13,337 sqftExcellent
Neighbourhood Sales Activity48
Low

Community Score

80.3Excellent
Household Income82
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health60
Fair

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: #46110585

Community deep dive

$93K

Median household income

$91K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

25%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)468
Labour force participation rate60%
Median age45.6
Avg household size2.4
Unemployment rate9%
Population density1872 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households25%
Couple families with children28%
Median household income (2020)$93K

Housing

Renter households30%
Condominium dwellings7%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority19%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 62%
Mother tongue (2nd)French · 16%

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

Rankings

Living Area

Elite
2,100 sqft
0255075100
Same streetTop 5%Same areaTop 15%CitywideTop 8%
Same street · Bluewater Crescent
#5 / 108
Top 5% · Avg 1,179 sqft
Same area · Niakwa Place
#106 / 685
Top 15% · Avg 1,490 sqft
Citywide · Winnipeg
#16,521 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
617k
0255075100
Same streetTop 4%Same areaTop 13%CitywideTop 7%
Same street · Bluewater Crescent
#4 / 108
Top 4% · Avg 360k
Same area · Niakwa Place
#91 / 685
Top 13% · Avg 446.8k
Citywide · Winnipeg
#13,291 / 194,458
Top 7% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetTop 12%Same areaTop 19%CitywideTop 25%

Lot Size

Elite
13,337 sqft
0255075100
Same streetTop 3%Same areaTop 4%CitywideTop 3%

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

87 Bluewater Crescent — 9 amenities found within 500 m, across 4 categories, including 4 education (nearest 203 m), 3 parks (nearest 113 m).

Search radius
🏫Education4
🌳Parks3
💪Sports1
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 7/2019CA$450k–500k
Sold price

Same street

Top 10%

Same area

Top 17%

City-wide

Top 18%

Related homes

Highlights & common questions: 87 Bluewater Crescent, Winnipeg

Property Overview

This home at 87 Bluewater Crescent in Winnipeg's Niakwa Place neighbourhood stands out for its substantial size and generous lot. Built in 1987, the property features 2,100 sqft of living space on an exceptionally large 13,337 sqft lot, with a current assessed value of $617,000.

Key Characteristics & Appeal

The primary appeal of this property lies in its significant scale, both in the home itself and the land it occupies. With a living area in the top 5% on its street and a lot size in the top 3%, it offers considerable space that is rare for the area. The assessed value is also notably high relative to neighbours, ranking in the top 4% on Bluewater Crescent, which reflects its premium positioning.

This home would best suit buyers who prioritize indoor and outdoor space over a brand-new build. It’s an ideal fit for a growing family seeking room to expand, or for someone looking for a property with established gardens and mature landscaping. The data suggests it's a substantial, above-average property within a well-established neighbourhood, appealing to those seeking a long-term home with a sense of permanence and room to breathe.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $617k is for municipal tax purposes and is a historical snapshot. It indicates the home is a high-value property in its area, but the final sale price will be determined by current market conditions.

2. The home was last sold in 2019. What was the exact price?
For exact historical sold prices, you must request the information via email from the site provider. Public data shows the 2019 sale in a range of $450,000-$500,000, but verified figures require a manual lookup.

3. Is a home built in 1987 likely to need major updates?
While newer than many area homes (built 11 years after the street average), a 39-year-old home will have components, like the roof, windows, or major mechanical systems, that may be nearing the end of their service life. A thorough inspection is advised.

4. What does having a lot in the "top 3%" practically mean for a buyer?
It means unparalleled outdoor space for the street and city. This allows for potential additions like a large deck, pool, or garden, and offers greater privacy and distance from neighbours compared to typical lots.

5. Why is there no MLS® data or exact sold prices shown directly?
Due to industry rules, this particular site does not display MLS® sales records. They offer to provide verified transaction history manually via email upon request, which is a common practice for non-MLS property data platforms.