58 Millpond Path

Inkster Gardens, Winnipeg

Property score

75.5

Good

Overall 75.5 · Newer than most nearby homes

1,392 sqft (top 44%) · Built in 2019 (20 yrs newer than avg)

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

Transit 92.0 · 2-min walk to transit with 6 nearby routes · Within 500m: 4 parks, and 1 place of worship nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Above average

20 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

75.5 is composed by the two sections below.

Property Score

69.5Good
Living Area1,392 sqft71Good
Year Built201997Excellent
Lot Size2,534 sqft28Low
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
1,392 sqft
0255075100
Same streetBottom 30%Same areaTop 44%CitywideTop 36%
Same street · Millpond Path
#21 / 30
Bottom 30% · Avg 1,498 sqft
Same area · Inkster Gardens
#639 / 1,446
Top 44% · Avg 1,422 sqft
Citywide · Winnipeg
#70,059 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
384k
0255075100
Same streetBottom 3%Same areaBottom 30%CitywideTop 43%
Same street · Millpond Path
#29 / 30
Bottom 3% · Avg 440.7k
Same area · Inkster Gardens
#1,015 / 1,446
Bottom 30% · Avg 454.9k
Citywide · Winnipeg
#83,066 / 194,458
Top 43% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 4%

Lot Size

around average
2,534 sqft
0255075100
Same streetTop 50%Same areaBottom 10%CitywideBottom 6%

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

58 Millpond Path — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 264 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 6/2019CA$300k–350k
Sold price

Same street

Bottom 30%

Same area

Bottom 17%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 58 Millpond Path, Winnipeg

Property Overview

This two-storey home at 58 Millpond Path in Winnipeg's Inkster Gardens neighborhood presents a specific and practical value proposition. Built in 2019, it is a notably modern home within its immediate area, ranking among the newest on its street. With 1,392 sqft of living space, an attached garage, and an unfinished basement, it offers a functional layout for everyday living. Its assessed value is modest relative to many neighbors, which can indicate a lower property tax burden. The lot size is compact, especially compared to wider city averages, resulting in lower maintenance.

The primary appeal lies in acquiring a relatively new, low-maintenance home without the premium price often associated with newer builds. It suits first-time buyers seeking a modern, move-in-ready property, or practical investors looking for a newer asset with potentially lower immediate upkeep costs. A less obvious perspective is that the compact lot and unfinished basement represent clear opportunities: the yard requires minimal time investment, while the basement offers a blank canvas for future customization or rental potential, allowing the buyer to add value on their own terms.

Frequently Asked Questions

1. Is this a good value for a newer home?
Based on the provided data, the home's assessed value is below average for its own street and modest for the area. For a 2019 build, this can represent a cost-effective way to own a modern property with updated building standards and systems, potentially offering good value.

2. What does the "unfinished basement" mean for me?
The basement is a blank space ready for customization. This allows you to finish it to suit your specific needs—whether as a recreation room, home office, or additional bedrooms—without needing to undo previous work. It also means the price reflects the home without that finished space.

3. The lot seems smaller than average. Is that a drawback?
This depends on your lifestyle. A smaller lot significantly reduces yard maintenance time and costs. It's a practical feature for those who prefer spending less time on landscaping. However, it may not suit those wanting extensive gardens, large outdoor play areas, or significant privacy from neighbors.

4. How does the sold price history from 2019 relate to today's value?
The 2019 sale price reflects the home's initial purchase as a new build. Market conditions, property improvements, and area development since then will influence its current market value. The historical data is a starting point, but a current market appraisal is essential for understanding today's value.

5. Who would this property not be suitable for?
It may not suit buyers looking for a large, established yard, those who need a fully finished basement immediately, or those who prioritize a home with a long history of renovations and custom upgrades already in place. It's a home geared more toward practicality and future potential than immediate luxury or expansive space.

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