39 Valewood Crescent

Inkster Gardens, Winnipeg

Property score

68.7

Good

Overall 68.7 · Smaller and older than most nearby homes

1,040 sqft (bottom 23%) · Built in 1983 (16 yrs older than avg)

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

Transit 92.0 · 3-min walk to transit with 6 nearby routes · Within 500m: 4 parks nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

16 yrs older 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

68.7 is composed by the two sections below.

Property Score

58.1Fair
Living Area1,040 sqft52Fair
Year Built198373Good
Lot Size4,997 sqft60Fair
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

around average
1,040 sqft
0255075100
Same streetBottom 34%Same areaBottom 23%CitywideBottom 32%
Same street · Valewood Crescent
#35 / 53
Bottom 34% · Avg 1,294 sqft
Same area · Inkster Gardens
#1,119 / 1,446
Bottom 23% · Avg 1,422 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
358k
0255075100
Same streetBottom 21%Same areaBottom 15%CitywideBottom 49%
Same street · Valewood Crescent
#42 / 53
Bottom 21% · Avg 388.8k
Same area · Inkster Gardens
#1,232 / 1,446
Bottom 15% · Avg 454.9k
Citywide · Winnipeg
#99,164 / 194,458
Bottom 49% · Avg 390.1k

Year Built

above average
1983
0255075100
Same streetTop 28%Same areaBottom 20%CitywideTop 31%

Lot Size

around average
4,997 sqft
0255075100
Same streetBottom 21%Same areaTop 44%CitywideBottom 44%

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

39 Valewood Crescent — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 110 m).

Search radius
🌳Parks4

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 10/2023CA$350k–400k
Sold price

Same street

Top 29%

Same area

Bottom 45%

City-wide

Top 39%

Related homes

Highlights & common questions: 39 Valewood Crescent, Winnipeg

Property Overview

39 Valewood Crescent is a one-storey home in Winnipeg’s Inkster Gardens neighbourhood. Built in 1983, it features 1,040 square feet of living space, a renovated basement, and sits on a 4,997 sqft lot. The home does not have a garage or pool. Its most recent assessed value is $35,800, and it sold in October 2023 for an estimated $35,500–38,500.

Section 1: Key Characteristics & Appeal

Key Characteristics:
This is a compact, single-level home from the early 1980s. Its living area is modest compared to others on its street and in Inkster Gardens, but it is close to the city-wide average for homes of its type. The lot size is also slightly below average for the street but typical for the neighbourhood. A key updated feature is the renovated basement, adding functional living space. The home’s assessed value is notably below average for its immediate area.

Where Its Appeal Lies:
The primary appeal lies in its practicality and value positioning. The renovated basement immediately adds usable space without the need for a major project. Its one-storey layout is manageable and accessible. For the price-conscious buyer, it represents an entry point into homeownership with recent updates in place. A less obvious perspective is its potential as a long-term hold in a neighbourhood where property values in the area appear varied; it could suit an investor or buyer looking for a lower-cost option with renovation work already started.

Ideal Buyer Profile:
This property would suit first-time buyers or downsizers seeking a modest, low-maintenance home with some modern touches. It could also appeal to an investor looking for a rental property with recent improvements at a below-average price point for the street. It’s less suited for those needing ample above-ground square footage, multiple bedrooms, or garage parking.

Section 2: Frequently Asked Questions

1. How does the home’s value compare to the area?
The home’s assessed value ($35,800) is below the average for both Valewood Crescent and the wider Inkster Gardens neighbourhood. This suggests it may be priced more accessibly than many nearby properties.

2. What does “renovated basement” typically mean here?
While specifics aren’t listed, a renovated basement in a home of this age and value range usually means finished living space—likely including drywall, flooring, and lighting—making it suitable for a family room, office, or additional storage.

3. Is the lot size a disadvantage?
At just under 5,000 sqft, the lot is slightly smaller than others on the street but is actually around the average size for Inkster Gardens. It provides standard backyard space for a city home without extensive maintenance.

4. Why is there a range for the last sold price?
The sold price range is based on publicly available data. For the exact sale price, you must request it directly from the listing service via email, a common practice to ensure accuracy and verify serious inquiries.

5. What are the implications of no garage?
The lack of a garage means relying on street parking or adding a shed for storage. This is a common feature in the area and keeps the home’s price and property taxes lower, but is a consideration for vehicle owners or those needing workshop space.

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