30 Malwa Cove

Inkster Gardens, Winnipeg

Property score

86.7

Excellent

Overall 86.7 · Larger and newer than most nearby homes

2,087 sqft (top 9%) · 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

47% 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

86.7 is composed by the two sections below.

Property Score

88.1Excellent
Living Area94
2,087 sqftExcellent
Year Built97
2018Excellent
Lot Size60
4,807 sqftFair
Neighbourhood Sales Activity65
Good

Community Score

84.5Excellent
Household Income88
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health90
Excellent

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
2,087 sqft
0255075100
Same streetTop 44%Same areaTop 9%CitywideTop 9%
Same street · Malwa Cove
#8 / 18
Top 44% · Avg 1,955 sqft
Same area · Inkster Gardens
#123 / 1,446
Top 9% · Avg 1,422 sqft
Citywide · Winnipeg
#17,134 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
622k
0255075100
Same streetTop 44%Same areaTop 9%CitywideTop 7%
Same street · Malwa Cove
#8 / 18
Top 44% · Avg 613.8k
Same area · Inkster Gardens
#127 / 1,446
Top 9% · Avg 454.9k
Citywide · Winnipeg
#12,760 / 194,458
Top 7% · Avg 390.1k

Year Built

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

Lot Size

above average
4,807 sqft
0255075100
Same streetTop 28%Same areaBottom 48%CitywideBottom 40%

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

30 Malwa Cove — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 298 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 10/2024CA$650k–700k
Sold price

Same street

Top 33%

Same area

Top 3%

City-wide

Top 4%
Sold 4/2020CA$400k–450k
Sold price

Same street

Bottom 33%

Same area

Top 30%

City-wide

Top 26%

Related homes

Highlights & common questions: 30 Malwa Cove, Winnipeg

Property Overview: 30 Malwa Cove, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Inkster Gardens is a modern, well-proportioned property built in 2018. Its key appeal lies in offering above-average space and contemporary construction for its immediate neighbourhood. With 2,087 sqft of living space and a renovated basement, it provides ample room for a growing family or those who value dedicated space for work or hobbies. The attached garage and a land area just under 5,000 sqft offer practical suburban living.

The home’s standout feature is its relative newness. Being built in 2018 places it among the newest 5% of homes in Inkster Gardens and the newest 4% citywide, suggesting modern building standards, energy efficiency, and minimal immediate repair concerns. Its assessed value is consistently above average for both the neighbourhood and the city, indicating a solid investment in a desirable area.

This property would suit buyers looking for a move-in ready, modern home without the premium of a brand-new build. It’s ideal for professionals or families seeking space and modern amenities in a settled community. A thoughtful perspective is that it offers a "sweet spot" – it’s new enough to avoid major renovations but has been lived in long enough for any initial construction quirks to have been resolved. Its appeal is one of practical, low-hassle comfort rather than extravagant luxury.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street and in the area?
The home is very comparable to others on Malwa Cove in terms of size and value, ranking around the middle of the pack. However, within the broader Inkster Gardens neighbourhood, it stands out, ranking in the top 9% for both living area and assessed value, and the top 5% for its newer year of build.

2. What is the likely property tax based on the assessed value?
With an assessed value of $62,200, property taxes can be estimated by applying the City of Winnipeg’s current mill rate. For an accurate estimate, multiply the assessed value by the annual mill rate (typically around 1.3% to 1.45%), which would result in an estimated annual tax bill in the range of $800 - $900.

3. The sold price history shows a significant increase from 2020 to 2024. Is this typical?
The increase from the ~$43k range in 2020 to the ~$66k range in 2024 reflects strong market appreciation during that period. This growth outpaced the average for both the immediate street and the wider city, suggesting the property has been a particularly good investment.

4. Is the lot size a constraint?
At 4,807 sqft, the lot is slightly above average for the street but around average for Inkster Gardens. It provides a standard suburban yard—adequate for gardening, play, and entertaining, but not an exceptionally large or sprawling space.

5. What are the less obvious pros and cons of a 2018 build?
A significant pro is that major components like the roof, HVAC, and appliances are likely only halfway through their expected lifespans, offering years of worry-free use. A potential con is that the interior finishes and layout reflect the trends of the late 2010s, which may feel dated sooner than a more classic design and could be a consideration for long-term personal taste or resale.