35 Wellsprings Cove

Inkster Gardens, Winnipeg

Property score

88.5

Excellent

Overall 88.5 · Larger and newer than most nearby homes

2,103 sqft (top 8%) · Built in 2017 (18 yrs newer than avg)

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

Transit 92.0 · 2-min walk to transit with 8 nearby routes · Within 500m: 3 parks, and 1 place of worship nearby

Living Area

Above average

48% larger than neighborhood avg.

Year Built

Above average

18 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

88.5 is composed by the two sections below.

Property Score

91.2Excellent
Living Area2,103 sqft94Excellent
Year Built201797Excellent
Lot Size6,002 sqft81Excellent
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
2,103 sqft
0255075100
Same streetTop 40%Same areaTop 8%CitywideTop 8%
Same street · Wellsprings Cove
#4 / 10
Top 40% · Avg 2,008 sqft
Same area · Inkster Gardens
#117 / 1,446
Top 8% · Avg 1,422 sqft
Citywide · Winnipeg
#16,391 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
677k
0255075100
Same streetBottom 40%Same areaTop 5%CitywideTop 4%
Same street · Wellsprings Cove
#6 / 10
Bottom 40% · Avg 678.8k
Same area · Inkster Gardens
#74 / 1,446
Top 5% · Avg 454.9k
Citywide · Winnipeg
#8,695 / 194,458
Top 4% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 50%Same areaTop 16%CitywideTop 5%

Lot Size

above average
6,002 sqft
0255075100
Same streetBottom 20%Same areaTop 16%CitywideTop 31%

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

35 Wellsprings Cove — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 167 m).

Search radius
🌳Parks3
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 10/2020CA$600k–650k
Sold price

Same street

Top 17%

Same area

Top 5%

City-wide

Top 5%

Related homes

Highlights & common questions: 35 Wellsprings Cove, Winnipeg

Property Overview: 35 Wellsprings Cove, Inkster Gardens

Key Characteristics & Appeal

This home is a modern, well-sized property built in 2017, offering the benefits of a newer construction without being brand new. Its primary appeal lies in its above-average space and value within its broader context. With over 2,100 sqft of living area, it provides significantly more room than most homes in both the Inkster Gardens neighbourhood and Winnipeg overall. It sits on a decent-sized lot (just over 6,000 sqft), which is spacious for the area.

The home’s assessed value positions it as an elite property within Inkster Gardens and city-wide, suggesting strong perceived value for its size and age compared to peers. It features an attached garage and a basement (not renovated), providing functional space and storage.

This property would suit buyers looking for a move-in ready, modern home that offers more square footage than typical for the money. It’s ideal for growing families needing space or value-conscious buyers seeking a newer build in a established neighbourhood. A thoughtful perspective is that while the lot is slightly below average for its immediate street, it is well above average for the neighbourhood, representing a smart trade-off for those who prioritize indoor living space over extensive yard maintenance.


Frequently Asked Questions

1. How does this home’s value compare to others?
Its assessed value is in the top 5% for the Inkster Gardens area and top 4% city-wide, indicating it is considered a high-value property relative to most Winnipeg homes, largely due to its size and modern build year.

2. Is the basement finished?
No, the basement is noted as “not renovated,” meaning it is likely undeveloped. This offers a blank canvas for future expansion or storage.

3. What are the neighbours like?
The home is on a street of relatively newer builds (average year built ~2018). Nearby sold listings suggest a consistent, modern streetscape with similar property values.

4. How does the lot size impact the property?
At 6,002 sqft, the lot is above average for Inkster Gardens but slightly below the average for Wellsprings Cove itself. This means you get a generous yard by neighbourhood standards, but not the largest on the block.

5. Why is the assessed value so much lower than the city-wide average home value mentioned?
The “average assessed value” shown city-wide (~$390k) is a benchmark for comparison. This home’s assessed value is much lower, yet it ranks highly because that assessment represents a strong value for its specific size and age cohort compared to the rest of the city’s diverse housing stock.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.