Property score
64.3
Fair
Overall 64.3 · Smaller and older than most nearby homes
1,000 sqft (bottom 12%) · Built in 1983 (16 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 7 dining spots, 2 shops, 2 parks, and 1 fuel station nearby
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Below average
16 yrs older than neighborhood avg.
Mother tongue
English · 48%Punjabi · 18%
Past 10 years Inkster Gardens sales snapshot (~80% of all data)
540
447.1k
$350/sqft
1999
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64.3 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110201
$96K
Median household income
$94K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
7%
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
111 Petriw Bay — 12 amenities found within 500 m, across 4 categories, including 7 dining (nearest 304 m), 2 shopping (nearest 438 m), 2 parks (nearest 297 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 31% | Bottom 41% | Top 41% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 5% | Bottom 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 41% | Bottom 6% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 111 Petriw Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Inkster Gardens is a practical and straightforward property. Its key appeal lies in being a well-maintained, established home on a quiet bay, offering a renovated basement and a detached garage. At 1,000 sqft of living space, it is very typical for its immediate street but is a more compact option compared to many homes in the wider area and city.
The data reveals a nuanced position: while the home's size and lot are average or below average for the neighbourhood, its assessed value is notably strong for the street (ranking in the top 11%), suggesting it is in good condition relative to its closest peers. Built in 1983, it is also slightly newer than other homes on Petriw Bay. This combination points to a property that has been cared for and represents solid value within its specific micro-location.
This home would suit a first-time buyer, an investor, or someone looking to downsize into a manageable, low-maintenance property. It’s for a buyer who prioritizes a renovated living space and a stable, established community over a large lot or square footage. The appeal is grounded in functionality and value within its immediate context, rather than standout size or luxury features.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
While its assessed value is below the Inkster Gardens neighbourhood average, it ranks highly (top 11%) compared to homes directly on Petriw Bay. This indicates it is likely in better condition or has more desirable features than its immediate neighbours, offering good relative value on the street.
2. What is the significance of the renovated basement?
A renovated basement in a home of this size effectively adds usable living space, which is a key asset. It can serve as a family room, home office, or additional bedroom area, making the home feel more functional than the main floor square footage alone might suggest.
3. Is the lot size a limitation?
At just under 3,700 sqft, the lot is smaller than many in Winnipeg. This means lower outdoor maintenance, which some buyers will prefer. However, it also limits potential for large additions, pools, or extensive landscaping.
4. What can past sale prices tell us?
The home has sold three times since 2016, with each sale price progressively higher. This trend suggests stable, gradual appreciation in its market value over the past decade, which is a positive indicator of the property’s stability.
5. Who might this property not suit?
Buyers looking for a large, modern home with ample room for expansion or those who prioritize being above neighbourhood averages in size and lot may find this property too compact. It’s best suited for those with modest space needs who value condition and location on a specific, quiet street.
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