50 Valewood Crescent

Inkster Gardens, Winnipeg

Property score

75.6

Good

Overall 75.6 · Older than most nearby homes

1,470 sqft (top 37%) · Built in 1980 (19 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 100.0 · 1-min walk to transit with 6 nearby routes · Within 500m: 5 parks nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Below average

19 yrs older than neighborhood avg.

Mother tongue

English · 44%Tagalog · 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

75.6 is composed by the two sections below.

Property Score

71.7Good
Living Area1,470 sqft75Good
Year Built198067Good
Lot Size5,352 sqft67Good
Neighbourhood Sales Activity65Good

Community Score

81.4Excellent
Household Income84Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110198

Community deep dive

$98K

Median household income

$92K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

14%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)421
Labour force participation rate65%
Median age45.2
Avg household size3.2
Unemployment rate7%
Population density4677 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households14%
Couple families with children29%
Median household income (2020)$98K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)41%
Visible minority58%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 23%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,470 sqft
0255075100
Same streetTop 30%Same areaTop 37%CitywideTop 32%
Same street · Valewood Crescent
#16 / 53
Top 30% · Avg 1,294 sqft
Same area · Inkster Gardens
#529 / 1,446
Top 37% · Avg 1,422 sqft
Citywide · Winnipeg
#62,677 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
364k
0255075100
Same streetBottom 30%Same areaBottom 18%CitywideTop 49%
Same street · Valewood Crescent
#37 / 53
Bottom 30% · Avg 388.8k
Same area · Inkster Gardens
#1,188 / 1,446
Bottom 18% · Avg 454.9k
Citywide · Winnipeg
#95,199 / 194,458
Top 49% · Avg 390.1k

Year Built

around average
1980
0255075100
Same streetBottom 23%Same areaBottom 3%CitywideTop 34%

Lot Size

above average
5,352 sqft
0255075100
Same streetTop 28%Same areaTop 30%CitywideTop 47%

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

50 Valewood Crescent — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 170 m).

Search radius
🌳Parks5

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 10/2024CA$400k–450k
Sold price

Same street

Top 21%

Same area

Top 41%

City-wide

Top 33%

Related homes

Highlights & common questions: 50 Valewood Crescent, Winnipeg

Property Overview

This 4-level split home at 50 Valewood Crescent in Inkster Gardens offers a practical layout with a detached garage on a well-sized lot. Built in 1980, its key appeal lies in its space efficiency and land value. At 1,470 sqft, the living area is notably above average for the immediate street and competitive for the neighborhood. The lot size of over 5,300 sqft is also a strong point, providing ample outdoor space that is larger than many nearby properties. While the assessed value is modest compared to the broader city, it positions the home as an accessible entry point into the Winnipeg market. The unrenovated basement presents a blank canvas for future expansion or customization.

This property would suit first-time buyers or practical investors looking for solid square footage and yard space without a premium price tag. It’s a home for those who value potential over polish and are comfortable with a property that may require updates over time. A less obvious perspective is that its "around average" metrics city-wide actually signal stability, offering a balanced option away from the extremes of the market, where the land itself represents a significant portion of the value.


Frequently Asked Questions

1. Is the basement finished?
No, the basement is not renovated, offering potential for future finishing to add living space according to a new owner's needs and budget.

2. How does the home's size compare to others in the area?
The living area is 1,470 sqft, which is above average for Valewood Crescent itself and competitive within the Inkster Gardens neighborhood, offering more interior space than many comparable homes nearby.

3. What is the significance of the lot size?
The lot of 5,352 sqft is a standout feature, ranking in the top 30% for the area. This provides more outdoor space than many neighboring properties, which is a valuable and less flexible asset.

4. Why is the assessed value relatively low?
The assessed value is below the neighborhood average. This typically reflects the home’s age, condition, and the specific market dynamics of the immediate area, which can result in a lower property tax base.

5. What does the sale history indicate?
The home sold in October 2024 for between $385,000 and $415,000. This recent sale provides a clear, current benchmark for its market value in today's conditions.

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