Property score
77.8
Good
Overall 77.8 · Newer than most nearby homes
1,248 sqft (bottom 39%) · 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
Below average
12% 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)
540
447.1k
$350/sqft
1999
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77.8 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
159 Prairie Spring Bay — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 149 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 44% | Top 19% | Top 19% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 5% | Bottom 34% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 159 Prairie Spring Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, one-storey home built in 2019, offering a move-in-ready foundation in Winnipeg's Inkster Gardens neighborhood. Its key appeal lies in a combination of new construction benefits and a generous, above-average lot size for its immediate area. While the living space is compact compared to others on its street, the property holds a strong assessed value relative to both the neighborhood and the wider city, suggesting good municipal valuation for its age and condition.
The home would suit first-time buyers or downsizers seeking a low-maintenance, single-level layout without the worries of an older home's major systems. It's also a practical fit for investors or buyers focused on land value, as the lot is one of the largest on the block. The attached garage and full (though unrenovated) basement provide functional storage and future expansion potential.
A less obvious perspective is its statistical standing: this is one of the newest homes in all of Inkster Gardens, yet it sits on a lot that is elite for its specific street. This creates an interesting value proposition—owning a newer asset on a more substantial piece of land than most nearby, even if the house itself is not the largest.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
At 1,248 sqft, the living area is below the average for its own street but is close to the average for both the Inkster Gardens neighborhood and the city of Winnipeg as a whole. It is a compact, efficient layout.
2. Why is the assessed value considered high for the area?
The home's assessed value of $49,600 is above average for Inkster Gardens and ranks in the top 20% citywide. This is primarily driven by its very recent build year (2019), as newer homes typically have higher assessments due to modern construction standards and materials.
3. What are the prospects for future expansion?
The existing basement is unrenovated, offering a blank canvas for additional living space. Furthermore, the land area of 5,626 sqft is notably larger than many lots on the street, providing potential for outdoor additions like a deck, shed, or garden, subject to local bylaws.
4. What is the sales history of this property?
It last sold in June 2021 for an estimated range of $45,500-$48,500. Prior to that, it sold new in August 2019 for an estimated $33,500-$36,500. Exact sale prices can be requested from the listing source.
5. How does the build year affect maintenance?
Built in 2019, major components like the roof, furnace, windows, and appliances are likely still within or just exceeding their original warranty periods. This translates to predictable, lower-cost maintenance for the foreseeable future compared to an older home.
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