192 Prairie Spring Bay

Inkster Gardens, Winnipeg

Property score

83.1

Excellent

Overall 83.1 · Larger and newer than most nearby homes

1,760 sqft (top 19%) · 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

24% 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

83.1 is composed by the two sections below.

Property Score

82.2Excellent
Living Area1,760 sqft86Excellent
Year Built201897Excellent
Lot Size4,175 sqft53Fair
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
1,760 sqft
0255075100
Same streetTop 49%Same areaTop 19%CitywideTop 19%
Same street · Prairie Spring Bay
#39 / 79
Top 49% · Avg 1,781 sqft
Same area · Inkster Gardens
#278 / 1,446
Top 19% · Avg 1,422 sqft
Citywide · Winnipeg
#36,196 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
596k
0255075100
Same streetTop 42%Same areaTop 11%CitywideTop 8%
Same street · Prairie Spring Bay
#33 / 79
Top 42% · Avg 584k
Same area · Inkster Gardens
#166 / 1,446
Top 11% · Avg 454.9k
Citywide · Winnipeg
#15,980 / 194,458
Top 8% · Avg 390.1k

Year Built

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

Lot Size

around average
4,175 sqft
0255075100
Same streetTop 41%Same areaBottom 34%CitywideBottom 29%

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

192 Prairie Spring Bay — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 239 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 5/2023CA$600k–650k
Sold price

Same street

Top 20%

Same area

Top 6%

City-wide

Top 6%
Sold 11/2022CA$600k–650k
Sold price

Same street

Top 18%

Same area

Top 5%

City-wide

Top 5%

Related homes

Highlights & common questions: 192 Prairie Spring Bay, Winnipeg

Property Summary: 192 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 primary appeal lies in its contemporary construction and efficient, above-average living space. With 1,760 sqft of living area, it offers more room than most Winnipeg homes and is competitively sized for its immediate street. The home features a renovated basement and an attached garage.

The property suits buyers seeking a relatively new build without the premium of a brand-new subdivision. It’s ideal for those who want modern systems and finishes, and who value being in a neighborhood where the home’s age and size are considered well-above average compared to the wider city. The lot is standard for the area, offering manageable outdoor space. A thoughtful perspective is that this home represents a "sweet spot" – it’s new enough to avoid major immediate repairs, but not so new that it carries the highest price per square foot. It would particularly suit young families, professionals, or downsizers looking for a turnkey property with modern comforts in a settled community.

Section 2: Frequently Asked Questions

1. How does this home compare to others in the area?
The home stands out for its age. Built in 2018, it is newer than approximately 95% of homes in Inkster Gardens and 96% of homes citywide. Its living space is also larger than about 81% of Winnipeg homes.

2. What is the property’s value trajectory?
Based on available sold price ranges, the home has maintained a stable value in recent years, consistently selling in the top 6-20% for its street and area, indicating strong demand for comparable properties.

3. Is the lot size a limitation?
The 4,175 sqft lot is typical for the street and neighborhood. It’s below the citywide average, which is common for newer infill developments, but provides a manageable yard for maintenance.

4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or listing agent to understand if it’s a finished living space, a recreational room, or has a separate entrance.

5. Why is the assessed value different from recent sold prices?
The city’s assessed value for tax purposes ($59.60k) is an administrative valuation and often differs from market value. The recent sold price ranges (e.g., $60.50k ~ $63.50k in 2023) are a better indicator of its actual market worth.

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