Property score
65.5
Good
Overall 65.5 · Smaller than most nearby homes
1,060 sqft (bottom 24%) · Built in 1986 (13 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 2 shops, 2 parks, and 1 fuel station nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Near average
13 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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65.5 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
131 Petriw Bay — 9 amenities found within 500 m, across 4 categories, including 4 dining (nearest 321 m), 2 shopping (nearest 448 m), 2 parks (nearest 250 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 | Bottom 48% | Bottom 8% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 131 Petriw Bay in Winnipeg's Inkster Gardens neighborhood presents a specific and compelling value proposition. Built in 1986, it features 1,060 sqft of living space, a renovated basement, and a detached garage on a 4,394 sqft lot.
Key Characteristics & Appeal
The primary appeal of this property lies in its strong positional value within its immediate locale. While its size is modest compared to the wider city, it ranks in the top quarter for living area on its own street. Its most standout metric is the assessed value of $39,500, which is the highest on Petriw Bay, suggesting it is viewed as a premium property on the block. This creates an interesting dynamic: it's a high-value home on a street of more modest valuations. The renovated basement adds functional space, and the lot size is generous for the area.
This home would suit a pragmatic, value-conscious buyer—perhaps a first-time homeowner or an investor—who prioritizes solid fundamentals and potential equity in a specific micro-location over citywide comparisons. It's for someone who sees the advantage in owning one of the best-maintained or most valuable properties on a given block, which can offer stability and a different kind of equity growth. The one-storey layout also appeals to those looking for accessibility or simple, efficient living.
Frequently Asked Questions
1. Why is the assessed value so high for the street?
The assessed value of $39,500 ranks #1 on Petriw Bay. This typically reflects factors like the renovated basement, overall condition, improvements, and lot desirability as determined by municipal assessment, signaling this is considered a top-tier property on the block.
2. How does the living space compare to the area?
At 1,060 sqft, the living area is above average for Petriw Bay but below the average for the broader Inkster Gardens neighborhood. This indicates a comfortably sized home for its immediate street.
3. What is the typical price history for this home?
Based on available data, the home was previously sold in January 2019 for an estimated range of $26,500 to $29,500. Exact sale prices require a direct request to the listing service.
4. What are the key features of the property?
The home is a one-storey building with a renovated basement and a detached garage. It was built in 1986 and sits on a 4,394 sqft lot.
5. How can I get the exact historical sold price?
You can request the exact sold price by email through the listing service. They provide this information manually and state they will not use your email for unsolicited marketing.
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