Property score
52.9
Fair
Overall 52.9 · Smaller than most nearby homes
691 sqft (bottom 1%) · Built in 1984 (15 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Below average
51% smaller than neighborhood avg.
Year Built
Below average
15 yrs older than neighborhood avg.
Mother tongue
English · 48%Punjabi · 18%
Past 10 years Inkster Gardens sales snapshot (~80% of all data)
540
447.1k
$350/sqft
1999
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52.9 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: #46110201
$96K
Median household income
$94K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
7%
Single-person households
40%
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
2 Forest Cove Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 153 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 | Bottom 23% | Bottom 7% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 2 Forest Cove Drive
Section 1: Key Characteristics & Appeal
This bi-level home at 2 Forest Cove Drive in Inkster Gardens is a compact, no-frills property with a distinct value proposition. Its key characteristic is its modest 691 sqft living area, which is notably smaller than most homes on its street, in the neighbourhood, and across Winnipeg. This is balanced by an above-average lot size for the immediate area (5,251 sqft), offering potential outdoor space. The home, built in 1984, features a renovated basement and a detached garage.
The primary appeal lies in its affordability and low property tax base, as indicated by its assessed value of $34,700. It represents a highly accessible entry point into homeownership. This property would best suit first-time buyers or investors seeking a straightforward, low-cost holding. Its smaller interior demands efficient use of space, appealing to minimalists or those comfortable with a cozy footprint. A less obvious perspective is its potential as a "land value play"—the lot itself is a significant portion of the asset, which could be attractive for future expansion or redevelopment, subject to local regulations.
Section 2: Frequently Asked Questions
1. Why is the living area so much smaller than nearby homes?
The home is a compact bi-level design. The provided data confirms it ranks in the bottom 2-3% for living space compared to other homes on Forest Cove Drive and in Inkster Gardens, making its floor plan significantly cozier than the neighbourhood norm.
2. How can the assessed value be so much lower than the city-wide average?
The assessed value of $34,700 is based on municipal evaluation, which considers factors like size, age, and condition. Given the home's very small square footage, its value is understandably below average for its specific street and neighbourhood, though it sits near the middle of the pack city-wide.
3. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification with the seller or listing agent to understand the finishes, layout, and whether it includes legal secondary suite potential.
4. Is the sold price history available?
Exact sold prices are not publicly displayed. The listing service offers to provide the precise sale history via email upon request, noting a previous sale occurred in December 2016 for an estimated range.
5. What are the real costs beyond the purchase price?
With a low assessed value, municipal property taxes would likely be a relative strength. Buyers should budget for utilities and maintenance on a 42-year-old home, and consider if the detached garage requires any updates. The larger lot may also involve higher landscaping or snow clearing costs compared to smaller yards.
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