31 Petriw Bay

Inkster Gardens, Winnipeg

Property score

60.6

Fair

Overall 60.6 · Smaller and older than most nearby homes

960 sqft (bottom 10%) · Built in 1978 (21 yrs older than avg)

Located in a high-income area with median household income of ~96k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, and 1 park nearby

Living Area

Below average

32% smaller than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 48%Punjabi · 18%

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

60.6 is composed by the two sections below.

Property Score

49.8Low
Living Area42
960 sqftLow
Year Built67
1978Good
Lot Size53
4,398 sqftFair
Neighbourhood Sales Activity65
Good

Community Score

76.8Good
Household Income83
Excellent
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health68
Good

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: #46110201

Community deep dive

$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

Population, labour & age

Population (2021)705
Labour force participation rate67%
Median age32.8
Avg household size3.4
Unemployment rate9%
Population density5035 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households7%
Couple families with children40%
Median household income (2020)$96K

Housing

Renter households37%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority74%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 48%
Mother tongue (2nd)Punjabi · 18%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
960 sqft
0255075100
Same streetTop 47%Same areaBottom 10%CitywideBottom 22%
Same street · Petriw Bay
#29 / 62
Top 47% · Avg 985 sqft
Same area · Inkster Gardens
#1,302 / 1,446
Bottom 10% · Avg 1,422 sqft
Citywide · Winnipeg
#150,758 / 194,458
Bottom 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
366k
0255075100
Same streetTop 19%Same areaBottom 19%CitywideTop 48%
Same street · Petriw Bay
#12 / 62
Top 19% · Avg 334.7k
Same area · Inkster Gardens
#1,173 / 1,446
Bottom 19% · Avg 454.9k
Citywide · Winnipeg
#93,885 / 194,458
Top 48% · Avg 390.1k

Year Built

around average
1978
0255075100
Same streetTop 48%Same areaBottom 2%CitywideTop 35%

Lot Size

above average
4,398 sqft
0255075100
Same streetTop 26%Same areaBottom 39%CitywideBottom 32%

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

31 Petriw Bay — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 435 m), 1 parks (nearest 262 m).

Search radius
🍽️Dining1
🌳Parks1

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 4/2022CA$350k–400k
Sold price

Same street

Top 17%

Same area

Top 46%

City-wide

Top 36%

Related homes

Highlights & common questions: 31 Petriw Bay, Winnipeg

Property Summary: 31 Petriw Bay, Winnipeg

Key Characteristics & Buyer Profile

This 960 sqft bi-level home, built in 1978, presents a practical and value-conscious opportunity in the Inkster Gardens neighborhood. Its key appeal lies in its balance of a renovated basement, a detached garage, and a land area (4,398 sqft) that is notably larger than many of its immediate neighbors on Petriw Bay. The home’s assessed value is strong for its specific street, ranking in the top 19%, which suggests it is well-maintained relative to nearby properties. However, its living space is modest, especially when compared to the broader area and city averages.

This property would suit first-time buyers or practical downsizers seeking a solid, no-frills home with some updated elements and a decent-sized yard. It’s for someone who values the potential of a renovated basement for extra living space and prioritizes a sense of value within a specific community block over having above-average square footage. A thoughtful perspective is that while the home may feel smaller compared to the wider area, it holds its own quite well on its own street, indicating a well-kept property in a consistent, established setting.

Frequently Asked Questions

1. How does the size of this home compare to others nearby?
At 960 sqft, the living area is slightly below the average for the Inkster Gardens area but is quite typical for homes directly on Petriw Bay, where it ranks near the middle of the pack.

2. What does the assessed value ranking indicate?
The assessment ranks in the top 19% on its street, suggesting the property is in good condition relative to its closest neighbors. Citywide, its assessment is around the median, indicating it is a fairly typical value for Winnipeg.

3. Has the property been sold recently?
Yes, it was sold in April 2022. The exact sale price is available upon request from the listing service.

4. What is the lot size, and is it a standout feature?
The lot is 4,398 sqft, which is above average for Petriw Bay. This larger-than-standard lot for the immediate area is a positive feature, offering more outdoor space than many neighboring properties.

5. What type of home is this, and what are the key features?
It is a bi-level home with a renovated basement and a detached garage. The listing confirms there is no pool. The home’s age (1978) is typical for the street but older than many homes in the broader Inkster Gardens area.