15 Petriw Bay

Inkster Gardens, Winnipeg

Property score

62.9

Fair

Overall 62.9 · Smaller than most nearby homes

976 sqft (bottom 10%) · Built in 1992 (7 yrs older than avg)

Located in a high-income area with median household income of ~96k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, and 2 parks nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Near average

7 yrs older than neighborhood avg.

Mother tongue

English · 48%Punjabi · 18%

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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

62.9 is composed by the two sections below.

Property Score

53.7Fair
Living Area976 sqft42Low
Year Built199281Excellent
Lot Size4,736 sqft60Fair
Neighbourhood Sales Activity65Good

Community Score

76.8Good
Household Income83Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health68Good

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: #46110201

Community deep dive

$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

Population, labour & age

Population (2021)705
Labour force participation rate67%
Median age32.8
Avg household size3.4
Unemployment rate9%
Population density5035 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households7%
Couple families with children40%
Median household income (2020)$96K

Housing

Renter households37%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority74%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 48%
Mother tongue (2nd)Punjabi · 18%

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

Rankings

Living Area

around average
976 sqft
0255075100
Same streetTop 45%Same areaBottom 10%CitywideBottom 24%
Same street · Petriw Bay
#28 / 62
Top 45% · Avg 985 sqft
Same area · Inkster Gardens
#1,295 / 1,446
Bottom 10% · Avg 1,422 sqft
Citywide · Winnipeg
#148,657 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
368k
0255075100
Same streetTop 18%Same areaBottom 20%CitywideTop 48%
Same street · Petriw Bay
#11 / 62
Top 18% · Avg 334.7k
Same area · Inkster Gardens
#1,164 / 1,446
Bottom 20% · Avg 454.9k
Citywide · Winnipeg
#92,574 / 194,458
Top 48% · Avg 390.1k

Year Built

Elite
1992
0255075100
Same streetTop 2%Same areaTop 46%CitywideTop 21%

Lot Size

above average
4,736 sqft
0255075100
Same streetTop 16%Same areaBottom 46%CitywideBottom 38%

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

15 Petriw Bay — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 446 m), 2 parks (nearest 195 m).

Search radius
🍽️Dining1
🌳Parks2

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 12/2024CA$400k–450k
Sold price

Same street

Top 7%

Same area

Top 31%

City-wide

Top 26%
Sold 7/2022CA$350k–400k
Sold price

Same street

Top 10%

Same area

Top 44%

City-wide

Top 35%

Related homes

Highlights & common questions: 15 Petriw Bay, Winnipeg

Property Overview: 15 Petriw Bay, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, renovated bi-level home built in 1992, offering 976 sqft of living space on a generous 4,736 sqft lot in Inkster Gardens. Its core appeal lies in its strong position within its immediate neighbourhood of Petriw Bay, where it stands out for being newer than most nearby homes and sitting on an above-average lot size. The renovated basement adds functional living space.

The home suits first-time buyers or practical investors looking for a solid, move-in-ready property in a stable area without the premium of a brand-new build. It also appeals to those who value outdoor space, as the lot is notably larger than many on the same street. A thoughtful perspective is that this property represents a "big fish in a small pond"—while its size is below average for the wider city, it ranks highly on its own street for value, lot size, and modernity, suggesting a good fit for someone prioritizing relative standing in a specific community over city-wide comparisons.

Frequently Asked Questions

1. How does this home’s value compare to the area?
The home’s assessed value is above average for Petriw Bay itself but below the average for the broader Inkster Gardens neighbourhood. This indicates it may offer good value within its most immediate, comparable context.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand the home’s full living potential.

3. Is there potential for future expansion or a garage?
The lot size is significantly larger than many on the street, which could provide flexibility for future additions, like a garage or deck, subject to local zoning bylaws.

4. Why have sold prices been relatively stable?
Recent sale data shows modest increases. This stability can be attractive for buyers seeking a market with less volatility, though it’s important to research local trends for future outlook.

5. How does the lack of a garage impact daily living?
Without a garage, parking and storage will rely on the driveway. For some buyers, this is a worthwhile trade-off for a larger yard, but it’s a practical consideration for vehicle protection and storage needs.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.