34 Malwa Cove

Inkster Gardens, Winnipeg

Property score

83.1

Excellent

Overall 83.1 · Larger and newer than most nearby homes

1,775 sqft (top 18%) · Built in 2019 (20 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

20 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 Area1,775 sqft86Excellent
Year Built201997Excellent
Lot Size4,395 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
1,775 sqft
0255075100
Same streetBottom 33%Same areaTop 18%CitywideTop 18%
Same street · Malwa Cove
#12 / 18
Bottom 33% · Avg 1,955 sqft
Same area · Inkster Gardens
#267 / 1,446
Top 18% · Avg 1,422 sqft
Citywide · Winnipeg
#35,260 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
584k
0255075100
Same streetBottom 39%Same areaTop 13%CitywideTop 9%
Same street · Malwa Cove
#11 / 18
Bottom 39% · Avg 613.8k
Same area · Inkster Gardens
#192 / 1,446
Top 13% · Avg 454.9k
Citywide · Winnipeg
#17,815 / 194,458
Top 9% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 11%Same areaTop 1%CitywideTop 4%

Lot Size

around average
4,395 sqft
0255075100
Same streetBottom 44%Same areaBottom 37%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

34 Malwa Cove — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 294 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 6/2020CA$400k–450k
Sold price

Same street

Bottom 22%

Same area

Top 32%

City-wide

Top 27%

Related homes

Highlights & common questions: 34 Malwa Cove, Winnipeg

Property Summary: 34 Malwa Cove, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Inkster Gardens is a modern, low-maintenance property built in 2019. Its key appeal lies in its balance of contemporary living within a well-established neighbourhood. With 1,775 sqft of living space and a renovated basement, it offers functional, move-in-ready space for a growing household or those downsizing from a larger property without sacrificing room.

The home’s standout characteristic is its age. It is significantly newer than most homes in its immediate area and across Winnipeg, ranking in the top 1% of Inkster Gardens for year built. This translates to modern building standards, less immediate concern for major system replacements, and potentially higher energy efficiency. While the lot size is typical for the street, the home itself offers above-average interior space for the wider neighbourhood and city, providing good value in square footage.

This property would suit first-time buyers seeking a modern home without a premium "brand new" price tag, or practical buyers who want the benefits of a newer build within a mature community with established amenities and landscaping. Its above-average assessed value for the area suggests it is perceived as a solid, updated asset in its community.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
It is one of the newest homes on Malwa Cove (ranked 2nd of 18) and has an assessed value and living area that are both very close to the street's average. It offers modern amenities while fitting seamlessly into the streetscape.

2. What is the significance of the "Elite" ranking for its year built?
This means the 2019 build date places it in the top 1% of homes in the Inkster Gardens neighbourhood by age. For context, the average home in this area was built around 1999. This is a key advantage for buyers concerned about older roofs, windows, or major systems.

3. The assessed value seems high for the area. Is that typical?
The assessed value is above average for Inkster Gardens (top 13%), which is likely a reflection of the home's newer age, size, and renovated basement compared to the neighbourhood's generally older housing stock. It indicates the property is a higher-value asset within this specific community.

4. Is the lot size a constraint?
The lot is standard for the street and neighbourhood. It provides typical backyard space for the area but is smaller than the city-wide average lot. This appeals to buyers looking for lower outdoor maintenance rather than extensive gardening or privacy.

5. Where can I find the exact historical sold price?
The provided sold price is an estimated range from public data. The listing service offers to provide the exact figure via a manual email request, which they aim to fulfill by the end of the same business day without using your email for marketing.

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