111 Prairie Spring Bay

Inkster Gardens, Winnipeg

Property score

87.3

Excellent

Overall 87.3 · Larger and newer than most nearby homes

2,116 sqft (top 8%) · 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 6 nearby routes · Within 500m: 3 parks, and 1 place of worship nearby

Living Area

Above average

49% 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

87.3 is composed by the two sections below.

Property Score

89.1Excellent
Living Area2,116 sqft94Excellent
Year Built201997Excellent
Lot Size5,363 sqft67Good
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
2,116 sqft
0255075100
Same streetTop 20%Same areaTop 8%CitywideTop 8%
Same street · Prairie Spring Bay
#16 / 79
Top 20% · Avg 1,781 sqft
Same area · Inkster Gardens
#111 / 1,446
Top 8% · Avg 1,422 sqft
Citywide · Winnipeg
#15,869 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
619k
0255075100
Same streetTop 24%Same areaTop 9%CitywideTop 7%
Same street · Prairie Spring Bay
#19 / 79
Top 24% · Avg 584k
Same area · Inkster Gardens
#129 / 1,446
Top 9% · Avg 454.9k
Citywide · Winnipeg
#13,089 / 194,458
Top 7% · Avg 390.1k

Year Built

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

Lot Size

above average
5,363 sqft
0255075100
Same streetTop 6%Same areaTop 29%CitywideTop 47%

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

111 Prairie Spring Bay — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 270 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 6/2023CA$650k–700k
Sold price

Same street

Top 13%

Same area

Top 4%

City-wide

Top 5%
Sold 3/2019CA$450k–500k
Sold price

Same street

Top 47%

Same area

Top 24%

City-wide

Top 22%

Related homes

Highlights & common questions: 111 Prairie Spring Bay, Winnipeg

Property Summary: 111 Prairie Spring Bay, Winnipeg

Key Characteristics & Buyer Appeal

This two-storey home in Inkster Gardens is defined by its modern foundation and above-average space. Built in 2019, it is a newer construction compared to most homes in the city and is notably one of the newest properties in its immediate neighborhood. With over 2,100 sqft of living area, it offers substantial interior space, ranking within the top 20% on its own street and the top 8% in its wider area. The property sits on a lot that is larger than most on Prairie Spring Bay, providing good outdoor space.

The primary appeal lies in acquiring a relatively new, spacious home without the premium often associated with brand-new builds. It suits buyers looking for a move-in-ready property that still feels modern, where major systems and finishes are unlikely to need immediate replacement. It’s a practical choice for growing families or those who value space and newer construction over a custom renovation project. A thoughtful perspective is that this home represents a balance: it offers the benefits of recent building standards and efficiency, yet is established enough to be situated in a neighborhood with mature nearby properties and settled community dynamics.

Frequently Asked Questions

1. Is the basement finished?
No, the listing specifies the basement exists but is not renovated. This presents potential for future customization or additional living space.

2. How does the assessed value relate to the recent sold price?
The home was last sold in June 2023 for an estimated range of $63.5k to $66.5k, which was above the average for the area at that time. The current assessed value is $61.9k. It's important to consult with a real estate professional for a current market valuation.

3. What does the "above average" ranking mean for living space?
The rankings show this home's living area is larger than approximately 92% of comparable homes in Inkster Gardens and 92% of homes citywide, indicating it is a notably spacious property for its market.

4. What is the garage situation?
The property includes an attached garage.

5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. The listing provider offers to manually share this information via email upon request, with a commitment not to use the contact for unsolicited marketing.

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