122 Prairie Spring Bay

Inkster Gardens, Winnipeg

Property score

86.7

Excellent

Overall 86.7 · Larger and newer than most nearby homes

2,224 sqft (top 6%) · Built in 2018 (19 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

56% larger than neighborhood avg.

Year Built

Above average

19 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

86.7 is composed by the two sections below.

Property Score

88.2Excellent
Living Area2,224 sqft96Excellent
Year Built201897Excellent
Lot Size4,001 sqft53Fair
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
2,224 sqft
0255075100
Same streetTop 11%Same areaTop 6%CitywideTop 6%
Same street · Prairie Spring Bay
#9 / 79
Top 11% · Avg 1,781 sqft
Same area · Inkster Gardens
#85 / 1,446
Top 6% · Avg 1,422 sqft
Citywide · Winnipeg
#11,956 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
656k
0255075100
Same streetTop 9%Same areaTop 6%CitywideTop 5%
Same street · Prairie Spring Bay
#7 / 79
Top 9% · Avg 584k
Same area · Inkster Gardens
#87 / 1,446
Top 6% · Avg 454.9k
Citywide · Winnipeg
#9,960 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 42%Same areaTop 5%CitywideTop 4%

Lot Size

below average
4,001 sqft
0255075100
Same streetBottom 22%Same areaBottom 28%CitywideBottom 26%

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

122 Prairie Spring Bay — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 261 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 7/2020CA$500k–550k
Sold price

Same street

Top 35%

Same area

Top 12%

City-wide

Top 13%

Related homes

Highlights & common questions: 122 Prairie Spring Bay, Winnipeg

Property Overview: 122 Prairie Spring Bay, Winnipeg

Key Characteristics & Appeal

This two-storey home in Inkster Gardens is defined by its above-average size and modern build. With 2,224 sqft of living space, it ranks in the top 11% on its street and top 6% in its neighbourhood, offering more room than most comparable homes. Built in 2018, it is a relatively new property with the benefits of modern construction standards and minimal immediate upkeep. The home features a renovated basement and an attached garage.

Its primary appeal lies in this combination of space, modernity, and established value. The assessed value places it in the elite top 5% city-wide, suggesting strong market recognition for its worth. While the lot size is slightly below average for the area, this often translates to less exterior maintenance. This property would best suit buyers looking for a move-in ready, spacious family home in a developed neighbourhood, who prioritize interior living space over a large yard and appreciate the efficiency and design of a newer build.


Frequently Asked Questions

1. How does the lot size impact the property?
At 4,001 sqft, the lot is smaller than the average for both the street and neighbourhood. This typically means less yard maintenance and landscaping responsibility, which can be an advantage for busy households, though it may limit extensive outdoor additions like a large deck or pool.

2. What does the "elite" assessed value ranking mean?
Ranking in the top 5% city-wide for assessed value indicates that, according to municipal assessment, this home is valued higher than 95% of properties in Winnipeg. This is a strong marker of established worth, though it's important to note that assessed value is for taxation and isn't a direct market appraisal.

3. Is the neighbourhood established or still developing?
Given the home was built in 2018 and nearby comparables are of similar age, this specific pocket of Inkster Gardens appears to be a newer, infill development within the larger, established neighbourhood. You get the benefits of a modern home in a community with mature services.

4. What are the utility costs likely to be for a home of this size and age?
While specific costs aren't listed, a 2018 build will generally have modern, energy-efficient insulation, windows, and HVAC systems. This can lead to lower utility bills compared to a similarly sized older home, offsetting some of the operating costs of the larger square footage.

5. Where can I find the exact historical sale price?
The provided sold price is a public data range. To obtain the precise sale price history, you must request it directly via the email service mentioned on the listing page, as this information is verified and shared manually by the platform.

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