26 Malwa Cove

Inkster Gardens, Winnipeg

Property score

84.4

Excellent

Overall 84.4 · Larger and newer than most nearby homes

1,770 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 8 nearby routes · Within 500m: 4 parks, and 1 place of worship nearby

Living Area

Above average

25% 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

84.4 is composed by the two sections below.

Property Score

84.3Excellent
Living Area1,770 sqft86Excellent
Year Built201897Excellent
Lot Size5,322 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
1,770 sqft
0255075100
Same streetBottom 28%Same areaTop 19%CitywideTop 18%
Same street · Malwa Cove
#13 / 18
Bottom 28% · Avg 1,955 sqft
Same area · Inkster Gardens
#274 / 1,446
Top 19% · Avg 1,422 sqft
Citywide · Winnipeg
#35,531 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
616k
0255075100
Same streetTop 50%Same areaTop 9%CitywideTop 7%
Same street · Malwa Cove
#9 / 18
Top 50% · Avg 613.8k
Same area · Inkster Gardens
#137 / 1,446
Top 9% · Avg 454.9k
Citywide · Winnipeg
#13,409 / 194,458
Top 7% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 22%Same areaTop 5%CitywideTop 4%

Lot Size

above average
5,322 sqft
0255075100
Same streetTop 22%Same areaTop 30%CitywideTop 47%

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

26 Malwa Cove — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 297 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 7/2022CA$650k–700k
Sold price

Same street

Top 22%

Same area

Top 2%

City-wide

Top 3%

Related homes

Highlights & common questions: 26 Malwa Cove, Winnipeg

Property Overview: 26 Malwa Cove, Inkster Gardens

Section 1: Key Characteristics & Appeal

This home is a modern, well-sized property built in 2018, offering a practical and comfortable living space. Its key features include 1,770 sqft of living area, an attached garage, and a renovated basement. The appeal lies in its balance of contemporary construction and established neighbourhood living.

While the home's living space is slightly below average for its immediate street, it stands out significantly within the broader Inkster Gardens area and city-wide, ranking in the top 20% for size. This suggests a solid, efficient layout in a neighbourhood of generally older homes. The lot size is generous for the area, providing good outdoor space. A major draw is the home's age; built in 2018, it is newer than 95% of homes in Inkster Gardens and 96% city-wide, implying modern building standards, systems, and less immediate need for major updates.

This property would suit buyers looking for a move-in ready, low-maintenance home without the premium of a brand-new build. It’s ideal for small families or professionals who value modern amenities and a renovated basement for extra living space, but who also appreciate being part of an established community. The above-average assessed value for the neighbourhood indicates it is perceived as a premium property within its local market.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to its neighbours?
At 1,770 sqft, the living area is actually above average for both the Inkster Gardens neighbourhood and Winnipeg overall. However, on its own street (Malwa Cove), it is slightly below the local average, suggesting the immediate block consists of particularly spacious homes.

2. What does the "Elite" ranking for the year built mean?
The "Elite" badge indicates the home's 2018 build date is newer than approximately 95-96% of all comparable homes in the city. This is a significant advantage, typically translating to modern electrical, plumbing, insulation, and building codes.

3. Is the assessed value a reliable indicator of the selling price?
The assessed value of $61,600 is for municipal tax purposes. The last recorded sale was in July 2022 for between $67,500 and $70,500. Market conditions, property updates, and buyer demand will determine the current market value, which can differ from the assessed value.

4. What is the significance of having a renovated basement?
A renovated basement immediately adds functional living space without the need for a future project. It can serve as a family room, home office, or guest space, increasing the home's utility and appeal, especially for growing households.

5. How can I find out the exact historical sold prices?
The provided sold price ranges are based on public data. To obtain the exact sale figures, you must request them directly via the email tool provided on the listing page. The service is manual but committed to providing the accurate data without marketing spam.

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