Property score
79.5
Good
Overall 79.5 · Larger than most nearby homes
1,851 sqft (top 16%) · Built in 1984 (15 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 school, 3 parks, and 1 place of worship nearby
Living Area
Above average
30% larger than neighborhood avg.
Year Built
Below average
15 yrs older than neighborhood avg.
Mother tongue
English · 48%Punjabi · 18%
Past 10 years Inkster Gardens sales snapshot (~80% of all data)
540
447.1k
$350/sqft
1999
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79.5 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: #46110201
$96K
Median household income
$94K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
7%
Single-person households
40%
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
54 Forest Cove Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 382 m), 3 parks (nearest 318 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 15% | Top 21% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 4-level split home at 54 Forest Cove Drive in Inkster Gardens offers a practical layout with a spacious footprint. Built in 1984, it sits on a well-sized lot and provides 1,851 sqft of living space, which is notably above average for both the immediate street and the wider neighbourhood. The home features a basement, but it is not renovated, and the property does not include a garage or pool. Its assessed value is positioned around the average for the area.
Key Characteristics & Appeal
The primary appeal of this property lies in its generous interior space and lot size relative to its local market. With living area rankings in the top 6% on its street and top 16% in Inkster Gardens, it offers more room than most comparable homes nearby. This makes it a strong candidate for growing families or those who simply desire ample living space without venturing into newer, typically more expensive subdivisions. The lot is also larger than many in the area, providing good outdoor potential.
Its value proposition is grounded in space over frills. The home suits a buyer with a realistic budget who prioritizes square footage and land over modern finishes or turn-key readiness. The unrenovated basement presents a blank canvas for future expansion or customization, appealing to handy homeowners or those with a phased improvement plan. It’s a home for a pragmatic buyer who sees the underlying value in its above-average dimensions and is prepared to invest sweat equity or capital over time to update it to their taste.
Frequently Asked Questions
1. What does "above average" for living area actually mean here?
It means this home's 1,851 sqft is larger than 94% of similar homes on Forest Cove Drive and 84% in the Inkster Gardens area, offering significant interior space for the neighbourhood.
2. Is the assessed value the same as the market price?
No. The assessed value (shown as $41.40k) is for municipal tax purposes. The recent sold price history (e.g., $44.50k ~ $47.50k in 2022) is a better, though not absolute, indicator of market value.
3. What are the implications of having no garage?
This means all vehicle parking will be on the driveway or street. It also reduces storage space and may be a consideration for winter weather. The larger lot could potentially allow for a future garage addition, subject to local bylaws.
4. The basement is "not renovated"—what condition should I expect?
You should expect a functional but unfinished or partly finished space. It likely has bare walls, concrete floors, and exposed utilities, requiring investment to become a comfortable living area.
5. How does the year built (1984) affect this home?
Homes from this era often have solid construction but may require updates to major systems like roofing, windows, or heating. It’s newer than the Winnipeg city-wide average, but a thorough inspection is recommended to understand the condition of these aging components.
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