155 Prairie Spring Bay

Inkster Gardens, Winnipeg

Property score

78.4

Good

Overall 78.4 · Newer than most nearby homes

1,363 sqft (top 47%) · Built in 2019 (20 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

Near average

4% smaller than neighborhood avg.

Year Built

Above average

20 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

78.4 is composed by the two sections below.

Property Score

74.3Good
Living Area1,363 sqft71Good
Year Built201997Excellent
Lot Size4,672 sqft60Fair
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

around average
1,363 sqft
0255075100
Same streetBottom 16%Same areaTop 47%CitywideTop 38%
Same street · Prairie Spring Bay
#66 / 79
Bottom 16% · Avg 1,781 sqft
Same area · Inkster Gardens
#680 / 1,446
Top 47% · Avg 1,422 sqft
Citywide · Winnipeg
#73,156 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
509k
0255075100
Same streetBottom 4%Same areaTop 26%CitywideTop 18%
Same street · Prairie Spring Bay
#76 / 79
Bottom 4% · Avg 584k
Same area · Inkster Gardens
#373 / 1,446
Top 26% · Avg 454.9k
Citywide · Winnipeg
#35,684 / 194,458
Top 18% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 9%Same areaTop 1%CitywideTop 4%

Lot Size

above average
4,672 sqft
0255075100
Same streetTop 24%Same areaBottom 44%CitywideBottom 37%

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

155 Prairie Spring Bay — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 153 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 12/2020CA$400k–450k
Sold price

Same street

Top 49%

Same area

Top 27%

City-wide

Top 24%
Sold 3/2020CA$350k–400k
Sold price

Same street

Bottom 9%

Same area

Bottom 38%

City-wide

Top 43%

Related homes

Highlights & common questions: 155 Prairie Spring Bay, Winnipeg

Property Summary: 155 Prairie Spring Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Inkster Gardens is a study in contrasts, offering a very modern build on a well-sized lot. Built in 2019, it is a notably newer property compared to most homes in its neighborhood and across Winnipeg. The 1,363 sqft living space is functional, though it sits below the average for its immediate street. Its significant appeal lies in its above-average assessed value for the area, suggesting strong investment in the structure itself, and its generous 4,672 sqft lot which is larger than many on the same bay.

The property suits practical buyers looking for a modern, low-maintenance home without sacrificing yard space. It’s ideal for those who value a newer build (with presumably fewer immediate repair concerns) over sheer square footage, and for investors or owners who appreciate that its valuation stands out positively in the wider community context. The attached garage and full basement add functional utility. A thoughtful perspective is that this home represents an opportunity in a neighborhood where newer builds are rare, potentially offering a balance of contemporary comforts within a more established community setting.

Section 2: Frequently Asked Questions

1. Is this a good value compared to the neighborhood?
The data suggests it is. While the living area is modest for the street, the home’s assessed value is significantly above average for Inkster Gardens, ranking in the top 26%. This indicates that for its location, the property is considered highly valuable, likely due to its new construction year and condition.

2. What does the sold price history tell us?
The home has sold twice in recent years (2020 and 2022). The increase in sold price range between those sales aligns with its above-average assessed value trajectory, showing a pattern of solid value retention and growth within its market segment.

3. How does the lot size compare?
The land area of 4,672 sqft is a strong feature. It is above average for Prairie Spring Bay itself, offering more outdoor space than many of its direct neighbors, which is a notable advantage for a newer home.

4. Who might this home not suit?
Buyers prioritizing expansive interior living space above all else may find the floor plan compact compared to other homes on the street. It may also not suit those seeking a historic character home, as its 2019 build date makes it one of the newest in a wide area.

5. Why is the assessed value so much higher than the city-wide average?
This is a key point of context. The "city-wide average" assessed value figure shown includes all property types across Winnipeg. For direct comparison, look to the "Inkster Gardens" and "Same street" metrics. There, the home's assessment is consistently above average, confirming its strong relative value within its actual peer group.

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