Property score
86.0
Excellent
Overall 86.0 · Larger and newer than most nearby homes
2,100 sqft (top 8%) · Built in 2020 (21 yrs newer than avg)
Located in a high-income area with median household income of ~108k
Transit 92.0 · 4-min walk to transit with 6 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
21 yrs newer than neighborhood avg.
Mother tongue
Punjabi · 48%English · 24%
Past 10 years Inkster Gardens sales snapshot (~80% of all data)
540
447.1k
$350/sqft
1999
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86.0 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: #46111119
$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
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
40 Prairie Spring Bay — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 239 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 36% | Top 39% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 40 Prairie Spring Bay, Winnipeg
Key Characteristics & Buyer Appeal
This two-storey home in Inkster Gardens is a modern, above-average offering built in 2020. Its primary appeal lies in its combination of recent construction and generous living space. With 2,100 sqft of living area, it ranks within the top 8% of homes in Winnipeg for size, offering significantly more room than the typical city home. The property features an attached garage and a renovated basement, adding functional space.
The home’s standout characteristic is its relative newness in a city where the average home is decades older. This suggests modern building standards, energy efficiency, and minimal immediate repair needs. While the lot size is typical for the immediate area, it is smaller than the Winnipeg average, indicating a focus on the home itself rather than extensive outdoor space. The assessed value is strong for its neighbourhood, reflecting its desirable attributes.
This property would suit buyers looking for a move-in-ready, spacious home without the maintenance concerns of an older property. It’s ideal for a growing family needing room or professionals wanting modern comforts. A less obvious perspective is its appeal to value-conscious buyers seeking a "newer" home without the premium price tag of a brand-new build in a more central or trendy area. It represents a practical choice where the investment is in the structure and interior space.
Frequently Asked Questions
1. How does this home compare to others in the area?
It ranks above average in almost every metric for Inkster Gardens, especially in living area (top 8%) and year built (top 1%). It is a newer and larger home than most in the neighbourhood.
2. What are the potential drawbacks of a 2020 build?
While offering modern advantages, a home from this year may still be within the builder’s warranty period. A prudent buyer would confirm warranty transfer status and review any past warranty claims. The lot size, while standard for the street, is below the city average, which may matter for those wanting extensive landscaping or outdoor living space.
3. The sold price history shows a sale in 2020. What does that indicate?
The home was likely purchased new from the builder in mid-2020. This would be its first resale, meaning the current condition reflects only one owner’s use and maintenance over the past six years.
4. Is the assessed value a reliable indicator of the market price?
The assessed value is for municipal tax purposes and is a historical snapshot. While it shows the home is valued highly relative to its peers, the actual market price is determined by current conditions, recent comparable sales, and the home's specific presentation.
5. What is the neighbourhood character of Inkster Gardens?
The data shows a mix of older and newer homes, with this property being among the newest. Buyers should visit to assess the blend of established and recent development, which can offer a more varied streetscape than a uniformly aged subdivision.
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