53 Park Springs Bay

Inkster Gardens, Winnipeg

Property score

89.6

Excellent

Overall 89.6 · Larger than most nearby homes

2,533 sqft (top 3%) · Built in 2014 (15 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 8 nearby routes · Within 500m: 4 parks nearby

Living Area

Above average

78% larger than neighborhood avg.

Year Built

Near average

15 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

89.6 is composed by the two sections below.

Property Score

93.0Excellent
Living Area2,533 sqft98Excellent
Year Built201494Excellent
Lot Size6,382 sqft81Excellent
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

Elite
2,533 sqft
0255075100
Same streetTop 25%Same areaTop 3%CitywideTop 3%
Same street · Park Springs Bay
#7 / 28
Top 25% · Avg 2,139 sqft
Same area · Inkster Gardens
#37 / 1,446
Top 3% · Avg 1,422 sqft
Citywide · Winnipeg
#5,177 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
652k
0255075100
Same streetBottom 43%Same areaTop 6%CitywideTop 5%
Same street · Park Springs Bay
#16 / 28
Bottom 43% · Avg 692.4k
Same area · Inkster Gardens
#91 / 1,446
Top 6% · Avg 454.9k
Citywide · Winnipeg
#10,264 / 194,458
Top 5% · Avg 390.1k

Year Built

above average
2014
0255075100
Same streetBottom 32%Same areaTop 38%CitywideTop 8%

Lot Size

above average
6,382 sqft
0255075100
Same streetTop 32%Same areaTop 11%CitywideTop 24%

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

53 Park Springs Bay — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 125 m).

Search radius
🌳Parks4

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 12/2024CA$650k–700k
Sold price

Same street

Top 33%

Same area

Top 3%

City-wide

Top 4%

Related homes

Highlights & common questions: 53 Park Springs Bay, Winnipeg

Property Overview: 53 Park Springs Bay, Winnipeg

Key Characteristics & Appeal

This two-storey home in Inkster Gardens is defined by its generous scale and modern foundation. Built in 2014, it offers over 2,500 square feet of living space, placing it within the top 3% of homes city-wide for size. The property sits on a sizable 6,382 sqft lot and includes an attached garage. The basement is noted as unfinished, presenting a blank canvas for future expansion. Its assessed value is notably above average for the neighbourhood, yet it remains positioned as a relative value compared to many similar-sized homes across Winnipeg.

The primary appeal lies in acquiring a large, relatively new-construction home without the premium often attached to such properties in broader city comparisons. It suits buyers who prioritize space and a modern build over a move-in-ready, fully renovated state. The unfinished basement is a key feature for those looking to customize additional living areas to their own taste and schedule. This property is an ideal match for growing families seeking room to grow, or value-oriented purchasers who see potential in personalizing the final elements of a home.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value provides a benchmark for municipal taxes, market conditions ultimately determine sale price. This home’s assessment is high for Inkster Gardens but modest for a property of its size city-wide, which can be an attractive point for buyers.

2. What does "basement not renovated" imply?
It indicates the basement is unfinished. It is likely a blank space with bare walls, concrete floors, and open ceiling joists, requiring a full build-out to become livable space. This is a significant project but allows for complete customization.

3. How does the lot size compare for the area?
At over 6,300 sqft, the lot is above average for Inkster Gardens, offering good outdoor space. It is, however, close to the average for this specific street, meaning it fits the character of Park Springs Bay without standing out as exceptionally large or small.

4. The home sold recently. What can history tell me?
The property sold in late 2024. The provided price range can give a general sense of very recent market activity on this home, but for precise figures to inform an offer, you would need to request the exact sold price history.

5. What is the neighbourhood context of "Inkster Gardens"?
The data shows that for a home of this size and assessed value, Inkster Gardens offers a more affordable entry point compared to the Winnipeg-wide market. Buyers are effectively trading a higher-tier neighbourhood address for significantly more square footage and a newer home.

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