Property score
57.1
Fair
Overall 57.1 · Smaller and older than most nearby homes
880 sqft (bottom 6%) · Built in 1978 (21 yrs older than avg)
Located in a high-income area with median household income of ~100k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, and 2 parks nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Below average
21 yrs older than neighborhood avg.
Mother tongue
English · 49%Punjabi · 18%
Past 10 years Inkster Gardens sales snapshot (~80% of all data)
540
447.1k
$350/sqft
1999
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57.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110199
$100K
Median household income
$106K
Average household income
16%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
5%
Single-person households
41%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
4 Petriw Bay — 5 amenities found within 500 m, across 2 categories, including 3 dining (nearest 408 m), 2 parks (nearest 183 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 1% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 4 Petriw Bay in Winnipeg's Inkster Gardens neighbourhood presents a practical, entry-level opportunity. Its key appeal lies in its renovated basement and its position as a more affordable option within its immediate area. With 880 sqft of living space, it is notably compact, ranking below the neighbourhood and city averages for size. The lot is also smaller than most in the area. However, its assessed value is significantly lower than area averages, suggesting a potentially lower cost of entry. The home was built in 1978 and does not include a garage or pool.
This property would suit a first-time buyer or an investor looking for a straightforward, lower-maintenance home where the renovation work on the basement is already complete. Its value proposition is centered on affordability and move-in readiness in a mature neighbourhood, rather than square footage or lot size.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbourhood average?
The assessed value is based on the property's specific attributes, including its smaller-than-average living area and lot size. This results in a valuation that is well below the Inkster Gardens average, which may translate to lower property taxes.
2. What does having a "renovated basement" typically mean for a home of this era?
For a 1978 home, a renovated basement often indicates updated living space, but it's wise to confirm the scope, permits, and the quality of the finish. It adds functional living area, which is a significant asset in a smaller main-floor footprint.
3. The home has no garage. What are the parking options?
The listing indicates no garage, so parking would be limited to driveway or on-street. Given the smaller lot size, the driveway space may be limited. Checking local street parking regulations would be advisable.
4. How does the last sold price (2019) relate to its current assessed value?
The home sold for an estimated $21.5k-$24.5k in early 2019. The current assessed value of $28.9k shows an increase since that sale, but it remains low relative to broader market averages, reflecting the property's specific characteristics.
5. The home ranks "around average" for its year built on its street. What does this imply?
On Petriw Bay itself, a 1978 build date is typical. This suggests the immediate streetscape consists of homes from a similar era, offering a consistent neighbourhood character. It is actually newer than many homes citywide.
