Property score
56.4
Fair
Overall 56.4 · Smaller and older than most nearby homes
844 sqft (bottom 3%) · Built in 1983 (16 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, and 1 park nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Below average
16 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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56.4 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
59 Petriw Bay — 4 amenities found within 500 m, across 2 categories, including 3 dining (nearest 394 m), 1 parks (nearest 327 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 | Bottom 38% | Bottom 5% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 59 Petriw Bay, Winnipeg
Key Characteristics & Appeal
This is a compact, renovated bi-level home in the Inkster Gardens neighborhood. With 844 square feet of living space, it is notably smaller than most homes in its immediate area and across Winnipeg, placing it in the top 3% for compact size locally. This characteristic defines its core appeal: it’s a streamlined, low-maintenance property. The renovated basement adds functional living space, a key upgrade for a home of this size.
Its strongest financial appeal lies in its very low property tax base, as indicated by an assessed value significantly below area averages. Recent sale history also suggests an accessible entry point into the market. The lot is modest but in line with others on Petriw Bay, offering manageable outdoor space.
This home would suit first-time buyers or investors seeking a practical, no-frills property with recent updates. It’s for those prioritizing affordability and simplicity over space, and who see the value in a home that is newer than many on its street but requires a realistic perspective on its compact footprint compared to the wider neighborhood.
Frequently Asked Questions
1. How does the home's size compare practically?
At 844 sqft, this is a compact bi-level. It's smaller than 97% of homes in Inkster Gardens. The renovated basement is therefore a crucial feature, effectively doubling the usable living area.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's specific characteristics—primarily its smaller size and location—for municipal tax purposes. It indicates a relatively low annual property tax burden, which is a key advantage.
3. The home is noted as "newer" on its street. What does that mean?
Built in 1983, it is newer than most direct neighbors on Petriw Bay, where comparable homes average a 1981 build year. This can suggest potentially fewer immediate concerns with aging core components compared to older area homes.
4. What is the neighborhood context for a home of this size?
Inkster Gardens typically features larger homes (avg. ~1,422 sqft). This property offers an affordable alternative within the neighborhood, but buyers should be aware its size is atypical for the immediate area.
5. How reliable are the sold price ranges shown?
The ranges are based on public data. For precise historical sale figures to inform your offer, you can request the exact sold price history via email from the listing service.
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