Property score
88.6
Excellent
Overall 88.6 · Larger and newer than most nearby homes
2,278 sqft (top 5%) · 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 8 nearby routes · Within 500m: 4 parks, and 1 place of worship nearby
Living Area
Above average
60% 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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88.6 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
46 Malwa Cove — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 262 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 | Top 11% | Top 1% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 46 Malwa Cove, Inkster Gardens
Key Features & Buyer Profile
This two-storey home at 46 Malwa Cove is a modern, above-average property within its established Winnipeg neighbourhood. Built in 2020, it offers the benefits of a newer construction, including contemporary building standards and minimal immediate maintenance. With 2,278 sqft of living space and a renovated basement, it provides ample room for a growing family or those who value spacious interiors. The attached garage and a larger-than-average lot for the area (over 5,700 sqft) add practical appeal.
The home’s primary appeal lies in its strong positional value. It ranks in the elite top 5% of the Inkster Gardens area for both living area and assessed value, meaning it offers more space and higher perceived value than most local homes. This creates a compelling proposition: a modern home with premium neighbourhood rankings, without the premium price tag of a brand-new subdivision. It would suit practical upgraders seeking move-in-ready space, or value-focused buyers who recognize the advantage of owning a newer property in a mature area with established amenities and landscaping.
A less obvious perspective is the potential for long-term stability. The data suggests the home is not an outlier but a leader within its immediate circle, often a buffer against market volatility. The renovated basement also adds flexible space that could serve as a home office, teen suite, or dedicated hobby area—a valuable asset in today’s market.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is in the top 4% for the Inkster Gardens area, indicating it is valued significantly higher than most comparable neighbourhood properties. On its own street, it ranks 2nd highest of 18 homes.
2. Is the house unusually large for the area?
Yes. With 2,278 sqft of living space, it ranks in the top 5% for size in Inkster Gardens, making it notably larger than the area average of about 1,422 sqft.
3. What is the history of price changes for this property?
Based on public records, the home was previously sold in April 2022. For the exact historical sold price, you can request the information via email from the listing source.
4. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent to understand the quality and functionality of the space.
5. The home is newer (2020) than most in the area. Does that affect property taxes?
While a newer home can influence assessment, the key factor is the assessed value ($71,800k), which is already established. Taxes would be calculated based on that assessment and the annual municipal tax rate.
