23 Prairie Spring Bay

Inkster Gardens, Winnipeg

Property score

83.1

Excellent

Overall 83.1 · Larger and newer than most nearby homes

1,700 sqft (top 22%) · Built in 2018 (19 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

Above average

20% 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 Area1,700 sqft86Excellent
Year Built201897Excellent
Lot Size4,461 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
1,700 sqft
0255075100
Same streetBottom 41%Same areaTop 22%CitywideTop 21%
Same street · Prairie Spring Bay
#47 / 79
Bottom 41% · Avg 1,781 sqft
Same area · Inkster Gardens
#316 / 1,446
Top 22% · Avg 1,422 sqft
Citywide · Winnipeg
#40,723 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
601k
0255075100
Same streetTop 35%Same areaTop 11%CitywideTop 8%
Same street · Prairie Spring Bay
#28 / 79
Top 35% · Avg 584k
Same area · Inkster Gardens
#158 / 1,446
Top 11% · Avg 454.9k
Citywide · Winnipeg
#15,245 / 194,458
Top 8% · Avg 390.1k

Year Built

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

Lot Size

around average
4,461 sqft
0255075100
Same streetTop 35%Same areaBottom 40%CitywideBottom 33%

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

23 Prairie Spring Bay — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 305 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 3/2019CA$350k–400k
Sold price

Same street

Bottom 16%

Same area

Bottom 43%

City-wide

Top 40%

Related homes

Highlights & common questions: 23 Prairie Spring Bay, Winnipeg

Property Overview

This home at 23 Prairie Spring Bay in Winnipeg's Inkster Gardens neighborhood presents a practical and modern living opportunity. Built in 2018, it is a notably newer construction compared to most homes in the wider city. The 1,700 sqft living space is comfortably above the Winnipeg average, offering more room than many similarly priced properties. It features an attached garage and a renovated basement, adding functional living and storage space. The lot size is standard for the immediate area.

Its primary appeal lies in its balance of modern build quality, efficient use of space, and a position in a neighborhood where its assessed value ranks well above average. This suggests a solid investment in a community where the property stands out positively against older housing stock. It would suit first-time buyers or young families looking for a move-in-ready, low-maintenance home without the premium price of a brand-new build, as well as value-conscious buyers who appreciate a home that compares favorably within its local market context.


Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 1,700 sqft, the living area is very close to the average for Prairie Spring Bay itself but is significantly larger than the average home across both the Inkster Gardens area and the entire city of Winnipeg.

2. What does the "above average" assessed value ranking mean for this area?
While the home's assessed value is typical for its own street, it ranks in the top 11% for the Inkster Gardens neighborhood and the top 8% city-wide. This indicates that, for its value, you are getting a newer and larger property than a majority of homes across Winnipeg.

3. Is the lot size a constraint for expansion or outdoor space?
The land area is consistent with the local street and neighborhood averages. It provides a standard urban yard but is smaller than the city-wide average lot, which includes many older, larger plots. Significant expansions may be limited, but it is typical for the area.

4. The home sold in 2019. What can that history tell me?
The sold price from 2019 provides a historical baseline, but market conditions have likely changed. For an accurate, current valuation, consulting a recent comparative market analysis (CMA) from a real estate agent is essential.

5. What are the less obvious advantages of a 2018 build in this neighborhood?
A home from 2018 in a neighborhood where the average home is decades older offers potential benefits like modern building codes, newer major systems (roof, HVAC, windows), and likely better energy efficiency, which can translate to lower ongoing maintenance and utility costs.

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