Property score
83.6
Excellent
Overall 83.6 · Larger and newer than most nearby homes
1,866 sqft (top 15%) · Built in 2019 (20 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
31% larger than neighborhood avg.
Year Built
Above average
20 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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83.6 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
48 Prairie Spring Bay — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 254 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 45% | Top 36% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 48 Prairie Spring Bay, Winnipeg
Key Characteristics & Buyer Profile
This two-storey home in Inkster Gardens is a modern property built in 2019, offering a move-in-ready opportunity with a renovated basement. Its key appeal lies in its above-average size and contemporary build within its wider neighborhood and the city. With 1,866 sqft of living space, it provides more room than most Winnipeg homes and is notably newer than the vast majority of properties in the area. The attached garage and modern infrastructure are practical benefits.
The home’s value proposition is nuanced. While it ranks highly for living space, year built, and assessed value compared to its surroundings, it sits on a smaller lot (3,635 sqft), which is below average for the street and city. This suggests a home designed for efficient indoor living rather than extensive outdoor space. It would suit buyers looking for a modern, low-maintenance property without the concerns of an older home, prioritizing interior square footage over a large yard. First-time homeowners or downsizers seeking a spacious, contemporary layout in a established neighborhood may find it particularly aligned with their needs.
Frequently Asked Questions
1. How does the property’s value compare to recent sales?
The home last sold in early 2020 for an estimated range of $395,000 to $425,000. Its current assessed value is $585,000. For an exact historical sold price, you can request the information via email from the listing source.
2. What does "below average" land area mean for this home?
The lot is 3,635 sqft, which is smaller than most on its street and in Winnipeg. This typically means a more manageable yard with less maintenance, but may limit potential for large additions, pools, or extensive landscaping.
3. Why is the year built a significant feature here?
Built in 2019, this home is newer than 99% of homes in Inkster Gardens and 96% citywide. This is a major advantage, suggesting modern building standards, newer major systems (like HVAC and plumbing), and likely lower immediate repair costs compared to the area's predominantly older housing stock.
4. Who are the most comparable neighbors?
The most directly comparable properties are likely others on Prairie Spring Bay, which average similar assessed values and living areas. The home’s size and value also align it with certain properties in neighborhoods like Elmhurst, Varsity View, and Ridgedale.
5. What is the broader neighborhood context?
Inkster Gardens is a mature neighborhood. This property stands out within it for its newness and above-average living space, offering a modern home in an established community setting. Buyers should consider if they prefer this blend or a neighborhood with more uniformly newer homes.
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