103 Prairie Spring Bay

Inkster Gardens, Winnipeg

Property score

84.9

Excellent

Overall 84.9 · Larger and newer than most nearby homes

1,864 sqft (top 15%) · Built in 2019 (20 yrs newer than avg)

Located in a high-income area with median household income of ~108k

Transit 82.0 · 5-min walk to transit with 8 nearby routes · Within 500m: 3 parks, and 1 place of worship nearby

Living Area

Above average

31% larger than neighborhood avg.

Year Built

Above average

20 yrs newer than neighborhood avg.

Mother tongue

Punjabi · 48%English · 24%

Past 10 years Inkster Gardens sales snapshot (~80% of all data)

Sold Count

540

Median price

447.1k

$/sqft

$350/sqft

Avg build year

1999

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Property score

84.9 is composed by the two sections below.

Property Score

85.1Excellent
Living Area1,864 sqft89Excellent
Year Built201997Excellent
Lot Size4,664 sqft60Fair
Neighbourhood Sales Activity65Good

Community Score

84.5Excellent
Household Income88Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health90Excellent

Neighbourhood Sales

Inkster Gardens

How to read: Share of sales in each ~$50k price band for “inkster gardens” (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: #46111119

Community deep dive

$108K

Median household income

$118K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

8%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)3,572
Labour force participation rate78%
Median age31.2
Avg household size3.9
Unemployment rate8%
Population density5102 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households8%
Couple families with children41%
Median household income (2020)$108K

Housing

Renter households16%
Condominium dwellings8%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)60%
Visible minority91%
Bachelor's or higher (25–64)40%
Mother tongue (1st)Punjabi · 47%
Mother tongue (2nd)English · 23%

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

Rankings

Living Area

above average
1,864 sqft
0255075100
Same streetTop 41%Same areaTop 15%CitywideTop 15%
Same street · Prairie Spring Bay
#32 / 79
Top 41% · Avg 1,781 sqft
Same area · Inkster Gardens
#216 / 1,446
Top 15% · Avg 1,422 sqft
Citywide · Winnipeg
#28,786 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
561k
0255075100
Same streetBottom 41%Same areaTop 17%CitywideTop 11%
Same street · Prairie Spring Bay
#47 / 79
Bottom 41% · Avg 584k
Same area · Inkster Gardens
#240 / 1,446
Top 17% · Avg 454.9k
Citywide · Winnipeg
#22,159 / 194,458
Top 11% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 9%Same areaTop 1%CitywideTop 4%

Lot Size

above average
4,664 sqft
0255075100
Same streetTop 25%Same areaBottom 43%CitywideBottom 37%

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

103 Prairie Spring Bay — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 294 m).

Search radius
🌳Parks3
Worship1

Crime & Safety

Inkster Gardens · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

75%

Sales History

Sold 4/2019CA$350k–400k
Sold price

Same street

Bottom 15%

Same area

Bottom 43%

City-wide

Top 40%

Related homes

Highlights & common questions: 103 Prairie Spring Bay, Winnipeg

Property Overview

This two-storey home at 103 Prairie Spring Bay in Winnipeg’s Inkster Gardens neighborhood presents a practical, modern living option. Built in 2019, it offers a move-in-ready foundation with an attached garage and a full, unrenovated basement.

Key Characteristics & Appeal

The primary appeal of this property lies in its balance of modern construction and space. With 1,864 sqft of living area, it provides above-average roominess for both the Inkster Gardens area and Winnipeg overall. Its 2019 build date is a standout feature, placing it among the newest homes in its immediate area and the wider city, which suggests newer building systems and less immediate concern for major replacements.

The lot size of 4,664 sqft is generous for the street, offering good outdoor space. The home’s assessed value positions it as a above-average offering in its neighborhood and city-wide, indicating a perceived solid value. Its appeal is grounded in being a relatively contemporary, low-maintenance home in a stable setting. It would suit first-time buyers or small families looking for a modern home without a premium price tag, as well as value-conscious buyers who prioritize a newer build to avoid the hidden costs and projects common in older houses.


Frequently Asked Questions

1. What does the "Top X%" ranking mean for each metric?
These rankings compare this specific property against similar homes in three areas: its immediate street, the broader Inkster Gardens neighborhood, and all of Winnipeg. For example, being in the "Top 15%" for living area city-wide means 85% of comparable Winnipeg homes are smaller.

2. The home sold in 2019 for roughly $35.5k - $38.5k, but the assessed value is now $56.10k. Why the difference?
The 2019 sale was likely the original purchase from the builder. The current assessed value reflects the municipal assessment for taxation purposes, which considers market trends and is typically lower than a potential resale price. The increase indicates the property has accrued value since its construction.

3. What are the implications of the basement being "not renovated"?
The basement is finished as part of the home's total living area but remains in its original builder-grade condition. This is a neutral point: it provides immediate functional space without the premium cost of a custom renovation, but also presents a future opportunity for the owner to upgrade and add value.

4. How does this home fit within the Inkster Gardens neighborhood?
The data shows this home is newer and larger than most in Inkster Gardens. This suggests it may be one of the more modern properties in the area, potentially offering amenities and layouts that are less common among its older neighbors.

5. Where can I find the exact historical sold price?
The precise sale price is not publicly listed in detail. The listing service offers to provide the exact figure via email upon request, which they state is manually verified from their records.

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