11 Wellsprings Cove

Inkster Gardens, Winnipeg

Property score

80.2

Excellent

Overall 80.2 · Newer than most nearby homes

1,362 sqft (top 47%) · Built in 2016 (17 yrs newer than avg)

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

Transit 100.0 · 1-min walk to transit with 8 nearby routes · Within 500m: 3 parks nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Above average

17 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

80.2 is composed by the two sections below.

Property Score

77.4Good
Living Area1,362 sqft71Good
Year Built201697Excellent
Lot Size6,161 sqft81Excellent
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

around average
1,362 sqft
0255075100
Same streetBottom 1%Same areaTop 47%CitywideTop 38%
Same street · Wellsprings Cove
#10 / 10
Bottom 1% · Avg 2,008 sqft
Same area · Inkster Gardens
#684 / 1,446
Top 47% · Avg 1,422 sqft
Citywide · Winnipeg
#73,227 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
542k
0255075100
Same streetBottom 1%Same areaTop 20%CitywideTop 14%
Same street · Wellsprings Cove
#10 / 10
Bottom 1% · Avg 678.8k
Same area · Inkster Gardens
#284 / 1,446
Top 20% · Avg 454.9k
Citywide · Winnipeg
#26,621 / 194,458
Top 14% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetBottom 20%Same areaTop 22%CitywideTop 6%

Lot Size

above average
6,161 sqft
0255075100
Same streetTop 50%Same areaTop 14%CitywideTop 28%

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

11 Wellsprings Cove — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 160 m).

Search radius
🌳Parks3

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 11/2016CA$350k–400k
Sold price

Same street

Bottom 1%

Same area

Bottom 38%

City-wide

Top 43%

Related homes

Highlights & common questions: 11 Wellsprings Cove, Winnipeg

Property Overview

This well-maintained, one-storey home at 11 Wellsprings Cove in Inkster Gardens presents a practical and modern living opportunity. Built in 2016, it offers a move-in-ready foundation with a renovated basement, an attached garage, and a generous 6,161 sqft lot. With 1,362 sqft of living space, its size is very close to the Winnipeg average, making it a comfortably sized family home.

The appeal here is one of balance and relative value. While it is one of the smaller and lower-assessed homes on its own street, it stands out positively within the broader Inkster Gardens neighbourhood and citywide. Its assessed value is notably above average for the area, and the home is significantly newer than most in Winnipeg. This creates an interesting position: it offers modern construction in an established neighbourhood, potentially with more room for outdoor space than many nearby properties. It would suit first-time buyers seeking a modern home without a premium price tag, or downsizers looking for single-level living in a community with older housing stock.

Key Details & FAQs

  • Key Characteristics: A 2016-built, one-storey house with a renovated basement and attached garage. It sits on a large lot (6,161 sqft) and has 1,362 sqft of living space.
  • Its Appeal: Modern construction in an established area, above-average lot size for the neighbourhood, and a value proposition that shines when compared to broader area averages.
  • Ideal For: First-time homebuyers wanting a newer, low-maintenance property, or practical buyers looking for single-level living with ample outdoor space.

Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
Its assessed value is below the average for Wellsprings Cove itself, but ranks in the top 20% for the wider Inkster Gardens area. This suggests it may offer more modern amenities or condition than many area homes, but at a competitive price point on its immediate street.

2. Is the living space smaller than average?
At 1,362 sqft, it is slightly below the average for its immediate street, but is very close to the citywide average for homes. The renovated basement provides additional finished space, offering flexibility beyond the main floor square footage.

3. What does the “above average” year built mean for me?
Built in 2016, this home is significantly newer than the typical Winnipeg home (average year built 1966). This often translates to modern building standards, newer major systems like HVAC and plumbing, and potentially lower immediate maintenance costs.

4. Why is the lot size highlighted as a feature?
The lot of 6,161 sqft is larger than 86% of lots in Inkster Gardens. For a newer home, this provides a notable amount of private outdoor space, which is less common in recent developments and is a key advantage for gardening, recreation, or future expansion.

5. Where can I find the exact historical sale price?
The exact sold price is not publicly displayed. You can request it directly via the email prompt on the listing page. The service provides the accurate figure manually and does not use email addresses for unsolicited marketing.

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