112 Mallard Way

Inkster Gardens, Winnipeg

Property score

66.8

Good

Overall 66.8 · Smaller and older than most nearby homes

1,040 sqft (bottom 23%) · Built in 1983 (16 yrs older than avg)

Located in a high-income area with median household income of ~111k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

16 yrs older than neighborhood avg.

Mother tongue

English · 45%Tagalog · 20%

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

66.8 is composed by the two sections below.

Property Score

58.1Fair
Living Area1,040 sqft52Fair
Year Built198373Good
Lot Size4,934 sqft60Fair
Neighbourhood Sales Activity65Good

Community Score

79.8Good
Household Income89Excellent
Education Level54Fair
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46110200

Community deep dive

$111K

Median household income

$123K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

8%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)585
Labour force participation rate61%
Median age42.8
Avg household size3.3
Unemployment rate13%
Population density3656 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households8%
Couple families with children38%
Median household income (2020)$111K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority64%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 45%
Mother tongue (2nd)Tagalog · 19%

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

Rankings

Living Area

around average
1,040 sqft
0255075100
Same streetTop 41%Same areaBottom 23%CitywideBottom 32%
Same street · Mallard Way
#14 / 34
Top 41% · Avg 1,091 sqft
Same area · Inkster Gardens
#1,119 / 1,446
Bottom 23% · Avg 1,422 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
358k
0255075100
Same streetBottom 24%Same areaBottom 15%CitywideBottom 49%
Same street · Mallard Way
#26 / 34
Bottom 24% · Avg 382.7k
Same area · Inkster Gardens
#1,232 / 1,446
Bottom 15% · Avg 454.9k
Citywide · Winnipeg
#99,164 / 194,458
Bottom 49% · Avg 390.1k

Year Built

around average
1983
0255075100
Same streetTop 41%Same areaBottom 20%CitywideTop 31%

Lot Size

around average
4,934 sqft
0255075100
Same streetBottom 38%Same areaTop 48%CitywideBottom 42%

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

112 Mallard Way — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 130 m).

Search radius
🌳Parks4

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 12/2019CA$250k–300k
Sold price

Same street

Bottom 10%

Same area

Bottom 6%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 112 Mallard Way, Winnipeg

Property Overview: 112 Mallard Way, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Inkster Gardens is a practical and affordable entry point into the Winnipeg market. Built in 1983, its 1,040 sqft living area and renovated basement offer functional space. The lot is a standard size for the area at just under 5,000 sqft.

The primary appeal lies in its value positioning. With an assessed value significantly below the city average, it represents a lower barrier to entry. The home’s metrics are consistently average or slightly below average for its immediate street and neighborhood, suggesting it’s a typical, no-frills property in this community. This isn’t a standout luxury home, but a grounded option where what you see is likely what you get.

It would suit first-time buyers or investors seeking a straightforward, lower-cost property. Its renovated basement adds usable living space, which is a plus for small families or those needing a home office or rental suite potential. The buyer here is likely pragmatic, prioritizing function and affordability over prestige or top-tier finishes.

Section 2: Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value ($35,800) is for municipal tax purposes. The recent sold price history (e.g., $26.5k-$29.5k in late 2019) and current market conditions will determine the actual market value, which can be significantly different.

2. What does "below average" for the neighborhood really mean?
For this home, key metrics like living area and assessed value rank in the bottom 15-25% for Inkster Gardens. This doesn’t necessarily mean the property is deficient, but that it is more modest and likely priced lower than many homes in the broader area.

3. How updated is the renovated basement?
The listing confirms the basement is renovated, but the scope, quality, and when it was done are not detailed. This is a key question for a home inspection to assess the finish quality and ensure any work was permitted.

4. What are the implications of having no garage?
This means all parking is on the driveway or street. Consider your vehicle storage needs, winter weather implications, and whether there is space or potential to add a shed for additional storage.

5. The sold price from 2019 seems very low. Why?
The sold price range shown is from over five years ago and reflects the market at that time. It highlights the home's history as a very affordable option, but it is not a direct indicator of today’s value. Significant market shifts have occurred since then.

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