232 Dr. Jose Rizal Way

Inkster Gardens, Winnipeg

Property score

76.4

Good

Overall 76.4 · Newer than most nearby homes

1,316 sqft (bottom 45%) · Built in 2016 (17 yrs newer than avg)

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

Transit 100.0 · 1-min walk to transit with 8 nearby routes · Within 500m: 3 parks nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Above average

17 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

76.4 is composed by the two sections below.

Property Score

71.0Good
Living Area1,316 sqft71Good
Year Built201697Excellent
Lot Size3,073 sqft38Low
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

around average
1,316 sqft
0255075100
Same streetBottom 28%Same areaBottom 45%CitywideTop 41%
Same street · Dr. Jose Rizal Way
#44 / 61
Bottom 28% · Avg 1,391 sqft
Same area · Inkster Gardens
#794 / 1,446
Bottom 45% · Avg 1,422 sqft
Citywide · Winnipeg
#79,070 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
400k
0255075100
Same streetBottom 16%Same areaBottom 40%CitywideTop 38%
Same street · Dr. Jose Rizal Way
#51 / 61
Bottom 16% · Avg 458.8k
Same area · Inkster Gardens
#862 / 1,446
Bottom 40% · Avg 454.9k
Citywide · Winnipeg
#74,505 / 194,458
Top 38% · Avg 390.1k

Year Built

Elite
2016
0255075100
Same streetTop 3%Same areaTop 22%CitywideTop 6%

Lot Size

below average
3,073 sqft
0255075100
Same streetBottom 5%Same areaBottom 13%CitywideBottom 13%

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

232 Dr. Jose Rizal Way — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 238 m).

Search radius
🌳Parks3

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 5/2016CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 6%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 232 Dr. Jose Rizal Way, Winnipeg

Property Overview: 232 Dr. Jose Rizal Way, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2016, stands out in its neighborhood for its modern age. With 1,316 sqft of living space and a detached garage, it offers a practical layout for everyday living. Its primary appeal lies in being a relatively new construction in a market filled with older homes, potentially reducing immediate concerns about major aging systems or costly renovations. The unrenovated basement presents a clean slate for future customization.

The property’s metrics reveal a nuanced picture. While the home is newer than most in the city and the Inkster Gardens area, it sits on a smaller-than-average lot. This trade-off may suit buyers who prioritize a modern building over extensive outdoor space. The assessed value is positioned around the average for the neighborhood, suggesting it is priced in line with local expectations.

This home would best suit first-time buyers or small families looking for a move-in-ready, low-maintenance property built to contemporary standards. It’s also a sensible option for value-conscious buyers who want a newer home without a premium price tag, and who are comfortable with a compact yard. Investors might note its consistent value history, with a significant increase since its 2016 sale.

Frequently Asked Questions

1. What does the "unrenovated basement" mean?
It indicates the basement is in its original, functional state from when the home was built in 2016. It’s not a dated space needing immediate work, but rather a blank canvas that allows you to finish or customize it to your taste and budget over time.

2. How does the smaller lot size impact daily living?
The lot is below average in size for the street, neighborhood, and city. This means lower yard maintenance, which can be a benefit for busy households. However, it may limit options for large additions, extensive landscaping, or outdoor recreational space.

3. The home sold for much less in 2016. Does that affect its current value?
The 2016 sale price reflects its initial purchase as a new build. The subsequent increase in assessed value to $400k aligns with typical market appreciation over the past decade and current valuations in the Inkster Gardens area, as shown in the comparison data.

4. Is the assessed value a reliable indicator of the listing or sale price?
The assessed value is used for municipal tax purposes and is one data point. It shows the home is valued around the neighborhood average. Market conditions, specific home features, and seller motivation will ultimately determine the final sale price.

5. What are the less obvious pros and cons of a 2016-built home?
A significant pro is that major components like the roof, windows, and HVAC are likely only halfway through their lifespan, offering peace of mind. A less obvious consideration is that while very modern, the design and finishes are from the mid-2010s, which may feel dated sooner than a brand-new build, yet more current than an older home.

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