55 Prairie Spring Bay

Inkster Gardens, Winnipeg

Property score

87.8

Excellent

Overall 87.8 · Larger and newer than most nearby homes

2,526 sqft (top 3%) · Built in 2021 (22 yrs newer than avg)

Located in a high-income area with median household income of ~108k

Transit 92.0 · 5-min walk to transit with 6 nearby routes · Within 500m: 4 parks, and 1 place of worship nearby

Living Area

Above average

78% larger than neighborhood avg.

Year Built

Above average

22 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

87.8 is composed by the two sections below.

Property Score

90.0Excellent
Living Area2,526 sqft98Excellent
Year Built2021100Excellent
Lot Size4,486 sqft53Fair
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
2,526 sqft
0255075100
Same streetTop 3%Same areaTop 3%CitywideTop 3%
Same street · Prairie Spring Bay
#2 / 79
Top 3% · Avg 1,781 sqft
Same area · Inkster Gardens
#38 / 1,446
Top 3% · Avg 1,422 sqft
Citywide · Winnipeg
#5,282 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
671k
0255075100
Same streetTop 6%Same areaTop 5%CitywideTop 5%
Same street · Prairie Spring Bay
#5 / 79
Top 6% · Avg 584k
Same area · Inkster Gardens
#76 / 1,446
Top 5% · Avg 454.9k
Citywide · Winnipeg
#9,044 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 2%

Lot Size

above average
4,486 sqft
0255075100
Same streetTop 29%Same areaBottom 41%CitywideBottom 34%

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 Prairie Spring Bay — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 309 m).

Search radius
🌳Parks4
Worship1

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 3/2021CA$500k–550k
Sold price

Same street

Top 36%

Same area

Top 16%

City-wide

Top 16%

Related homes

Highlights & common questions: 55 Prairie Spring Bay, Winnipeg

Property Overview: 55 Prairie Spring Bay, Winnipeg

Key Characteristics & Buyer Appeal

This two-storey home in Inkster Gardens stands out for its modern foundation and generous proportions. Built in 2021, it is a notably newer construction compared to most Winnipeg homes. Its primary appeal lies in its spacious 2,526 sqft of living area, which ranks in the top 3% for its neighbourhood and city-wide, offering significant room for a growing family or those who value ample personal space. The property features an attached garage and a full, unrenovated basement presenting a blank canvas for future expansion or customization.

The home’s assessed value is consistently above average across all comparison levels, suggesting a solid and recognized worth in the market. While the lot size is typical for the immediate area, the combination of a modern build, elite-level living space, and a move-in-ready structure is the core package. This property would best suit buyers looking for a modern home without the wait of new construction, who prioritize interior square footage over extensive outdoor land, and who see potential in personalizing a basement to their own taste over time.

Frequently Asked Questions

1. What does the "unrenovated basement" mean?
It indicates the basement is finished as living space but has not been recently updated. It’s functional and offers great square footage, but may reflect builder-grade finishes from 2021, presenting an opportunity for future customization.

2. How does the assessed value compare to the last sold price?
The current assessed value is significantly higher than the home's 2021 sale price. This reflects the addition of the now-completed home to the roll and general market changes, but it is not a direct indicator of current market value. For exact historical sold prices, you can request the data via email from the listing source.

3. Is the lot size a drawback?
The lot is consistent with newer subdivisions in Winnipeg. While not oversized, it provides standard outdoor space for a newer neighbourhood. The trade-off is clear: the property's advantage is in its substantial interior living area, not in extensive grounds.

4. What is the significance of the ranking data?
The rankings show this home is in the elite tier for size and newness compared to its local peers and city-wide averages. This is a quantifiable indicator of its relative scarcity and premium positioning in terms of space and modern construction within the broader market.

5. Who are the most likely competing buyers?
Given its profile, likely competition would come from upsizing families seeking modern layouts and professionals looking for a spacious, low-maintenance home built to recent codes and standards, all within a established neighbourhood setting.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.