48 Millpond Path

Inkster Gardens, Winnipeg

Property score

76.9

Good

Overall 76.9 · Newer than most nearby homes

1,465 sqft (top 37%) · Built in 2018 (19 yrs newer 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, and 1 place of worship nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Above average

19 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

76.9 is composed by the two sections below.

Property Score

71.9Good
Living Area1,465 sqft75Good
Year Built201897Excellent
Lot Size2,534 sqft28Low
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
1,465 sqft
0255075100
Same streetTop 50%Same areaTop 37%CitywideTop 33%
Same street · Millpond Path
#15 / 30
Top 50% · Avg 1,498 sqft
Same area · Inkster Gardens
#534 / 1,446
Top 37% · Avg 1,422 sqft
Citywide · Winnipeg
#63,204 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

around average
418k
0255075100
Same streetTop 43%Same areaTop 47%CitywideTop 34%
Same street · Millpond Path
#13 / 30
Top 43% · Avg 440.7k
Same area · Inkster Gardens
#684 / 1,446
Top 47% · Avg 454.9k
Citywide · Winnipeg
#66,567 / 194,458
Top 34% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 40%Same areaTop 5%CitywideTop 4%

Lot Size

around average
2,534 sqft
0255075100
Same streetTop 50%Same areaBottom 10%CitywideBottom 6%

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

48 Millpond Path — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 292 m).

Search radius
🌳Parks4
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 7/2023CA$450k–500k
Sold price

Same street

Top 10%

Same area

Top 17%

City-wide

Top 17%

Related homes

Highlights & common questions: 48 Millpond Path, Winnipeg

Property Overview: 48 Millpond Path, Winnipeg

Key Characteristics & Appeal

This two-storey home in Inkster Gardens is a modern, low-maintenance property built in 2018. Its key appeal lies in being a relatively new construction in a city where the average home is significantly older, offering buyers move-in readiness with a renovated basement and an attached garage. With 1,465 sqft of living space, it sits comfortably around the average for its immediate street and neighborhood, providing a practical layout for everyday living.

The property’s standout characteristic is its age. It ranks in the top 5% of homes in Inkster Gardens and the top 4% citywide for being newer, which suggests potential savings on near-term major repairs and modern building standards. However, the lot size is more compact (2,534 sqft), which is below average for the area. This creates a specific trade-off: it appeals to those seeking a newer home with less exterior upkeep, but offers less private outdoor space than many neighboring properties. It would suit first-time buyers, small families, or downsizers looking for a modern, manageable home without the renovation projects of an older character house. Its assessed value is consistently around the average for its peer groups, indicating it is priced in line with market expectations for its type and location.


Frequently Asked Questions

1. How does the lot size impact the property?
While the home itself is spacious, the lot is more compact than many in the wider neighborhood. This means lower maintenance for yards and landscaping, but also less room for expansive gardens, play structures, or large outdoor entertaining areas.

2. What does the "Elite" ranking for the year built actually mean?
It means this home is newer than approximately 95-96% of comparable homes in Winnipeg. In a market with many older homes, this is a significant advantage for buyers concerned about aging roofs, windows, or major systems, as these components will have more serviceable life remaining.

3. Is the sold price from 2023 a good indicator of current value?
The July 2023 sale price (in the $47.5k-$50.5k range) is a relevant data point, but market conditions have likely shifted since then. It should be used as a benchmark alongside a current professional appraisal and recent comparable sales to determine today's value.

4. What is the benefit of the home being "around average" in size and value for its street?
Homes that are typical for their immediate area tend to have more stable and predictable values. You are less likely to be over-improved or under-improved relative to your neighbors, which can be an advantage for long-term value retention.

5. Who should request the exact sold price history?
The exact price is useful for serious buyers conducting detailed financial analysis or for sellers setting a precise listing price. The provided range is sufficient for general market research, but the exact figure helps in crafting competitive offers or listings.

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