55 Burrowing Owl Cove

Inkster Gardens, Winnipeg

73.2

Good

Overall 73.2

Newer than most nearby homes

1,195 sqft (bottom 35%)

Built in 2016 (17 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

Below average

16% smaller than neighborhood avg.

Year Built

Above average

17 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

73.2 is composed by the two sections below.

Property Score

65.6Good
Living Area1,195 sqft60Fair
Year Built201697Excellent
Lot Size3,758 sqft46Low
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
1,195 sqft
0255075100
Same streetBottom 6%Same areaBottom 35%CitywideBottom 49%
Same street · Burrowing Owl Cove
#17 / 18
Bottom 6% · Avg 1,390 sqft
Same area · Inkster Gardens
#941 / 1,446
Bottom 35% · Avg 1,422 sqft
Citywide · Winnipeg
#99,054 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

above average
467k
0255075100
Same streetBottom 6%Same areaTop 31%CitywideTop 25%
Same street · Burrowing Owl Cove
#17 / 18
Bottom 6% · Avg 514.8k
Same area · Inkster Gardens
#454 / 1,446
Top 31% · Avg 454.9k
Citywide · Winnipeg
#49,403 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetTop 11%Same areaTop 22%CitywideTop 6%

Lot Size

below average
3,758 sqft
0255075100
Same streetBottom 1%Same areaBottom 20%CitywideBottom 22%

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

55 Burrowing Owl Cove — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 220 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 8/2016CA$300k–350k
Sold price

Same street

Bottom 29%

Same area

Bottom 31%

City-wide

Top 49%

Related homes

Highlights & common questions: 55 Burrowing Owl Cove, Winnipeg

Property Overview

This 2016-built, one-storey home at 55 Burrowing Owl Cove in Inkster Gardens presents a practical and modern living option. Its key appeal lies in its relative newness compared to most Winnipeg housing stock, offering contemporary construction with less immediate concern for major system updates. The 1,195 sqft living space is efficiently sized, and the home sits on a modest, low-maintenance lot. A detached garage provides flexible storage or workshop space. The unrenovated basement presents a blank canvas for future finishing.

The property suits first-time buyers seeking a move-in-ready, modern home without the premium of a brand-new build. It also appeals to downsizers looking for single-level living in a newer property with minimal yard work. A thoughtful perspective is that while the lot is smaller than average, this translates to lower upkeep costs and less time spent on maintenance, which can be a significant lifestyle benefit. Its assessed value positions it as a solid, middle-market home within the city, offering good value for a structure that's only a decade old.

Frequently Asked Questions

1. How does the home's size compare to the neighbourhood?
At 1,195 sqft, the living area is slightly below the average for Burrowing Owl Cove itself but is very close to the average size for homes across the wider Inkster Gardens area.

2. What does the "unrenovated basement" mean?
The basement is finished as a living space but has not been recently updated. It is functional and offers additional room, but buyers should budget for potential cosmetic updates or improvements to suit their tastes over time.

3. Is the assessed value a reliable indicator of the selling price?
The assessed value for municipal tax purposes is one data point. This home's assessed value is above average citywide but around average for Inkster Gardens. The final sale price will be determined by current market conditions, the home's condition, and buyer demand.

4. What are the advantages of a 2016 build?
A home from 2016 benefits from modern building codes, materials, and energy efficiency standards. Major components like the roof, furnace, and windows are likely still within their typical lifespan, reducing the risk of near-term major expenses.

5. The lot is noted as smaller than average. What is the impact?
The 3,758 sqft lot is manageable and requires less time and money for landscaping and maintenance. While it may limit extensive gardening or large outdoor structures, it is a practical fit for those seeking a lower-maintenance property.

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