68 Valewood Crescent

Inkster Gardens, Winnipeg

Property score

53.4

Fair

Overall 53.4 · Smaller than most nearby homes

691 sqft (bottom 1%) · Built in 1984 (15 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 4 parks nearby

Living Area

Below average

51% smaller than neighborhood avg.

Year Built

Below average

15 yrs older than neighborhood avg.

Mother tongue

English · 44%Tagalog · 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

53.4 is composed by the two sections below.

Property Score

34.8Low
Living Area691 sqft15Low
Year Built198473Good
Lot Size4,063 sqft53Fair
Neighbourhood Sales Activity65Good

Community Score

81.4Excellent
Household Income84Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110198

Community deep dive

$98K

Median household income

$92K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

14%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)421
Labour force participation rate65%
Median age45.2
Avg household size3.2
Unemployment rate7%
Population density4677 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households14%
Couple families with children29%
Median household income (2020)$98K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)41%
Visible minority58%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 23%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
691 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 3%
Same street · Valewood Crescent
#53 / 53
Bottom 1% · Avg 1,294 sqft
Same area · Inkster Gardens
#1,429 / 1,446
Bottom 1% · Avg 1,422 sqft
Citywide · Winnipeg
#187,903 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

around average
326k
0255075100
Same streetBottom 1%Same areaBottom 3%CitywideBottom 38%
Same street · Valewood Crescent
#53 / 53
Bottom 1% · Avg 388.8k
Same area · Inkster Gardens
#1,397 / 1,446
Bottom 3% · Avg 454.9k
Citywide · Winnipeg
#121,390 / 194,458
Bottom 38% · Avg 390.1k

Year Built

Elite
1984
0255075100
Same streetTop 2%Same areaBottom 31%CitywideTop 30%

Lot Size

below average
4,063 sqft
0255075100
Same streetBottom 9%Same areaBottom 29%CitywideBottom 27%

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

68 Valewood Crescent — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 207 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 12/2017CA$250k–300k
Sold price

Same street

Bottom 7%

Same area

Bottom 4%

City-wide

Bottom 30%

Related homes

Highlights & common questions: 68 Valewood Crescent, Winnipeg

Property Overview: 68 Valewood Crescent, Winnipeg

Key Characteristics & Buyer Profile

This is a compact, renovated bi-level home built in 1984, situated on a standard city lot in Inkster Gardens. Its primary appeal lies in being one of the most affordable entry points into Winnipeg’s housing market, underscored by a very low municipal assessed value. The home’s living space, at 691 sq ft, is notably smaller than most in the immediate area and citywide, positioning it for buyers with minimal space needs or those willing to trade square footage for price.

The home suits first-time buyers, investors, or downsizers seeking a straightforward, low-cost property with a renovated basement. A thoughtful perspective is that while it ranks at the very bottom for size and value on its own street, its citywide assessed value is around average—suggesting it may represent a value proposition in a broader context, especially for someone not tied to neighborhood comparisons. Its newer build date relative to the street is a subtle plus, potentially meaning fewer immediate major repairs.

Frequently Asked Questions

1. Is this a tiny home?
Not officially, but at 691 sq ft of living area, it is significantly smaller than the typical Winnipeg home. It functions as a compact, efficient living space.

2. Why is the assessed value so much lower than the city average sale price?
The assessed value is for municipal tax purposes and is not a market price. This home’s assessed value is low relative to its own neighborhood, reflecting its smaller size and other municipal valuation factors.

3. What does "renovated basement" in a bi-level mean for living space?
In a bi-level, the basement is partially above ground. A renovated basement here likely adds functional living space (like a family room or bedroom) to the 691 sq ft main floor area, improving the home’s overall utility.

4. How does the lot size impact this property?
At just over 4,000 sq ft, the lot is smaller than average but is still a standard city lot. It provides outdoor space but may not allow for extensive expansions or additions.

5. Who would this property not suit?
It would likely not suit growing families needing multiple bedrooms and ample living space, or buyers who prioritize equity growth through above-average neighborhood features, as it ranks at the lower end of its immediate area for key metrics.

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