187 Prairie Spring Bay

Inkster Gardens, Winnipeg

Property score

81.9

Excellent

Overall 81.9 · Larger and newer than most nearby homes

1,588 sqft (top 29%) · Built in 2018 (19 yrs newer than avg)

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

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

Living Area

Above average

12% 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

81.9 is composed by the two sections below.

Property Score

80.1Excellent
Living Area1,588 sqft79Good
Year Built201897Excellent
Lot Size5,250 sqft67Good
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
1,588 sqft
0255075100
Same streetBottom 32%Same areaTop 29%CitywideTop 26%
Same street · Prairie Spring Bay
#54 / 79
Bottom 32% · Avg 1,781 sqft
Same area · Inkster Gardens
#415 / 1,446
Top 29% · Avg 1,422 sqft
Citywide · Winnipeg
#50,506 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
546k
0255075100
Same streetBottom 29%Same areaTop 19%CitywideTop 13%
Same street · Prairie Spring Bay
#56 / 79
Bottom 29% · Avg 584k
Same area · Inkster Gardens
#271 / 1,446
Top 19% · Avg 454.9k
Citywide · Winnipeg
#25,681 / 194,458
Top 13% · Avg 390.1k

Year Built

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

Lot Size

above average
5,250 sqft
0255075100
Same streetTop 8%Same areaTop 32%CitywideTop 49%

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

187 Prairie Spring Bay — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 187 m).

Search radius
🌳Parks4
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 9/2022CA$550k–600k
Sold price

Same street

Top 29%

Same area

Top 10%

City-wide

Top 9%

Related homes

Highlights & common questions: 187 Prairie Spring Bay, Winnipeg

Property Summary: 187 Prairie Spring Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Inkster Gardens is a modern property built in 2018, offering a practical and low-maintenance living space. Its key appeal lies in its balance of being a newer build within a well-established city context. With 1,588 sqft of living space and an attached garage, it provides comfortable room for a small family or couple.

The home’s standout characteristic is its generous 5,250 sqft lot, which is notably larger than most on its street and in the immediate area, offering valuable outdoor space and potential. While the interior living area and assessed value are fairly typical for the street, they rank above average for the wider Inkster Gardens neighbourhood and city, positioning this as a solid, mid-range home in the broader market.

This property would suit first-time buyers or downsizers looking for a modern home without the premium of a brand-new build, and who value a larger yard. It’s also a pragmatic choice for buyers who appreciate a home that requires less immediate renovation work compared to Winnipeg’s older housing stock, allowing them to move in and settle without major projects.

Section 2: Frequently Asked Questions

1. How does this home compare to others in the area?
It’s a newer home (2018) in a neighbourhood with an average home age decades older, which is a significant advantage. The lot size is larger than most on the street, while the living space is comfortable and above the city average.

2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents a blank canvas for future expansion or storage, but would require investment to develop into living space.

3. What is the significance of the assessed value?
The assessed value of $54,600 is for municipal tax purposes. It’s below the street average but above the neighbourhood and city averages. Market value is determined by recent sales, buyer demand, and condition, and can differ from the assessed value.

4. Are there any recent sales for comparison?
A nearby and very similar home at 172 Cheema Drive, built in 2023, sold in late 2022. The sold price range for that property is provided, offering a relevant, recent benchmark for this home’s potential market value.

5. What are the less obvious considerations for this property?
Consider that while newer, the home is now 8 years old, so key components like the roof, HVAC, and appliances should be inspected for their remaining lifespan. Additionally, its "around average" size and value on its specific street suggest it fits seamlessly into the local streetscape, which can be positive for stability but means it may not stand out as a unique premium property in that micro-market.

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