Property score
74.3
Good
Overall 74.3 · Older than most nearby homes
1,246 sqft (bottom 39%) · Built in 1983 (16 yrs older than avg)
Located in a high-income area with median household income of ~108k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Below average
16 yrs older than neighborhood avg.
Mother tongue
Punjabi · 48%English · 24%
Past 10 years Inkster Gardens sales snapshot (~80% of all data)
540
447.1k
$350/sqft
1999
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74.3 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: #46111119
$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
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
147 Valewood Crescent — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 85 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 36% | Bottom 36% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 147 Valewood Crescent, Winnipeg
Key Characteristics & Appeal
This 4-level split home, built in 1983, offers 1,246 sqft of living space on a 5,000 sqft lot in Inkster Gardens. Its core appeal lies in its practical layout and its position as a value-conscious entry point into the Winnipeg market. The home’s assessed value is notably below average for its immediate street and neighborhood, which can signal an opportunity for a buyer comfortable with a property that may require updates. The basement is present but not renovated, offering a blank canvas for future expansion.
This property would suit first-time buyers or practical investors seeking a functional home with a manageable footprint. Its average-sized lot and living area provide room to grow without the burden of excessive maintenance. A thoughtful perspective is that while its metrics are generally "around average" city-wide, its below-average assessment for the area could mean lower property taxes relative to neighbors, which is a lasting financial benefit. It’s a home for those who see potential in solid foundations and value long-term equity building over immediate move-in perfection.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighboring homes on Valewood Crescent?
The assessed value is in the bottom 10% for the street. This can be due to a variety of factors, including the unrenovated basement, specific condition of the home, or original features that haven’t been updated. It's important to review the property's condition in detail.
2. What does "4 Level Split" mean for daily living?
This style typically features multiple short flights of stairs creating four distinct half-levels. It offers good separation of living and sleeping areas, but may not be ideal for those seeking single-level living or who have mobility concerns.
3. How does the sold price history inform the current value?
The home sold in late 2023 for an estimated $33.5k–$36.5k, which was below the area average at that time. This recent sale reinforces the pattern of it being a value-priced property in the neighborhood.
4. There's no garage. What are the parking options?
The listing indicates no garage. Buyers should verify the driveway situation and on-street parking regulations directly, as this is a key practical consideration.
5. The home is older. What major systems should I investigate?
Built in 1983, major components like the roof, windows, furnace, and electrical system are likely original or nearing the end of their typical lifespan. A thorough inspection is highly recommended to budget for potential updates.
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