151 Prairie Spring Bay

Inkster Gardens, Winnipeg

Property score

82.5

Excellent

Overall 82.5 · Larger and newer than most nearby homes

1,721 sqft (top 21%) · Built in 2018 (19 yrs newer than avg)

Located in a high-income area with median household income of ~108k

Transit 92.0 · 4-min walk to transit with 6 nearby routes · Within 500m: 3 parks, and 1 place of worship nearby

Living Area

Above average

21% 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

82.5 is composed by the two sections below.

Property Score

81.2Excellent
Living Area1,721 sqft86Excellent
Year Built201897Excellent
Lot Size3,694 sqft46Low
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
1,721 sqft
0255075100
Same streetBottom 44%Same areaTop 21%CitywideTop 20%
Same street · Prairie Spring Bay
#44 / 79
Bottom 44% · Avg 1,781 sqft
Same area · Inkster Gardens
#302 / 1,446
Top 21% · Avg 1,422 sqft
Citywide · Winnipeg
#39,104 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
574k
0255075100
Same streetBottom 46%Same areaTop 14%CitywideTop 10%
Same street · Prairie Spring Bay
#43 / 79
Bottom 46% · Avg 584k
Same area · Inkster Gardens
#205 / 1,446
Top 14% · Avg 454.9k
Citywide · Winnipeg
#19,529 / 194,458
Top 10% · Avg 390.1k

Year Built

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

Lot Size

below average
3,694 sqft
0255075100
Same streetBottom 4%Same areaBottom 18%CitywideBottom 22%

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

151 Prairie Spring Bay — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 162 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 1/2019CA$350k–400k
Sold price

Same street

Bottom 29%

Same area

Top 46%

City-wide

Top 36%

Related homes

Highlights & common questions: 151 Prairie Spring Bay, Winnipeg

Property Summary: 151 Prairie Spring Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Inkster Gardens is a modern, low-maintenance property built in 2018. Its key appeal lies in being a relatively new construction in a city where the average home is significantly older, offering contemporary building standards and minimal immediate repair concerns. With 1,721 sqft of living space and a renovated basement, it provides ample room for a small family or professionals needing a home office.

The home’s value is positioned thoughtfully: while its lot size is compact compared to city and neighbourhood averages, this translates into less yard upkeep. Its assessed value ranks well above average for both the neighbourhood and the entire city, suggesting a solid investment in a desirable area. The attached garage adds practical convenience for Winnipeg winters.

This property would best suit buyers seeking a move-in ready, modern home without the footprint or maintenance of a large yard. It’s ideal for first-time homeowners wanting newer infrastructure, small families, or investors attracted by a newer asset in a stable neighbourhood. A less obvious perspective is that its "above-average" ranking for the area might offer a sense of security and relative value, even if it feels average on its specific street.

Section 2: Frequently Asked Questions

1. How does the lot size impact the property?
While the land area is smaller than many lots in Winnipeg, this means less time and money spent on landscaping and yard maintenance. It maximizes the living space on a efficient footprint, which can be a benefit for those not wanting extensive outdoor chores.

2. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is often different from market value. However, its high ranking (top 14% in Inkster Gardens, top 10% citywide) indicates the property is considered valuable relative to others, which can be a positive signal for market price.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A prospective buyer should inquire about the quality of the renovation, whether it includes a legal secondary suite, and if permits were obtained.

4. How does this home compare to others on the same street?
On its own street (Prairie Spring Bay), this home is around average for both size and assessed value. Its standout feature within the immediate vicinity is its newer age (2018), as many neighbouring homes were built around 2019 on average.

5. Why is the exact historical sold price not publicly listed?
The seller provides sold price ranges based on public data but offers to share the exact figure via email. This is a common practice to ensure accuracy, as public records can be incomplete or outdated, and allows the listing service to initiate direct contact with seriously interested buyers.

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