Property score
71.5
Good
Overall 71.5 · Smaller and older than most nearby homes
1,100 sqft (bottom 30%) · 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
26% 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)
228
303.7k
$288/sqft
1976
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71.5 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: #46110584
$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
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
88 Fallbrook Bay — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 279 m), 1 shopping (nearest 459 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 15% | Bottom 17% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 88 Fallbrook Bay, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This 1,100 sqft bungalow, built in 1969, sits on a 6,403 sqft lot in the established Niakwa Place neighbourhood. Its key appeal lies in its position as a solid, mid-century home offering a balanced urban living proposition. While the living space is modest and typical for the immediate street, the lot size is notably above the Winnipeg average, presenting a valuable outdoor canvas relative to many city properties.
The home’s assessed value of $349,000 is below average for both its street and neighbourhood, which could indicate a value opportunity for a buyer willing to invest in updates, or it may reflect the home’s specific condition or original features. A thoughtful perspective is that this property represents a classic Winnipeg trade-off: a smaller, older interior on a generous lot. It suits practical buyers looking for an entry point into a stable neighbourhood, those who prioritize yard space over square footage, or investors considering a hold-and-renovate strategy. Its "elite" ranking for year built on its street (2nd newest of 45) is a less obvious advantage, suggesting it may have more modern infrastructure than many immediate neighbours.
Frequently Asked Questions
1. Is this a good value compared to the neighbourhood?
The assessed value is below the Niakwa Place average, which can signal a value opportunity. However, it’s important to determine if this is due to the home’s smaller size, condition, or other factors best verified through a viewing and inspection.
2. What does the lot size mean for me?
At over 6,400 sqft, the lot is larger than most in Winnipeg. This is a major asset for gardening, outdoor living, or future expansion (subject to zoning and permits), offering more private space than many newer infill properties.
3. As a 1969 home, what should I be prepared for?
While it’s newer than many on its street, a home of this age will likely have original or aging core components. Budgeting for potential updates to roofing, windows, plumbing, or electrical systems is prudent. The positive angle is that major neighbourhood infrastructure (sewers, roads) is well-established.
4. How does the sold price history from 2022 relate to today’s value?
The prior sale in the $250k-$300k range (2022) is a historical data point. It primarily shows the home’s price trajectory, but market conditions, interest rates, and any changes to the property since then mean current value is determined by today’s market.
5. Who are the most likely buyers for this property?
It’s well-suited for first-time buyers entering a mature neighbourhood, downsizers seeking a manageable home with a good yard, or hands-on buyers who see potential in the land size and are comfortable with a renovation project over time.
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