7 Millpond Path

Inkster Gardens, Winnipeg

Property score

84.2

Excellent

Overall 84.2 · Larger and newer than most nearby homes

1,804 sqft (top 17%) · Built in 2019 (20 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 6 nearby routes · Within 500m: 3 parks, and 1 place of worship nearby

Living Area

Above average

27% larger 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

84.2 is composed by the two sections below.

Property Score

84.0Excellent
Living Area1,804 sqft89Excellent
Year Built201997Excellent
Lot Size4,430 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

above average
1,804 sqft
0255075100
Same streetTop 10%Same areaTop 17%CitywideTop 17%
Same street · Millpond Path
#3 / 30
Top 10% · Avg 1,498 sqft
Same area · Inkster Gardens
#251 / 1,446
Top 17% · Avg 1,422 sqft
Citywide · Winnipeg
#33,166 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
619k
0255075100
Same streetTop 7%Same areaTop 9%CitywideTop 7%
Same street · Millpond Path
#2 / 30
Top 7% · Avg 440.7k
Same area · Inkster Gardens
#129 / 1,446
Top 9% · Avg 454.9k
Citywide · Winnipeg
#13,089 / 194,458
Top 7% · Avg 390.1k

Year Built

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

Lot Size

above average
4,430 sqft
0255075100
Same streetTop 20%Same areaBottom 40%CitywideBottom 33%

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

7 Millpond Path — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 255 m).

Search radius
🌳Parks3
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$350k–400k
Sold price

Same street

Top 25%

Same area

Top 44%

City-wide

Top 35%

Related homes

Highlights & common questions: 7 Millpond Path, Winnipeg

Property Overview: 7 Millpond Path, Winnipeg

Key Characteristics & Appeal

This home at 7 Millpond Path in Inkster Gardens is a modern, above-average offering built in 2019. Its primary appeal lies in its combination of recent construction and generous space. With 1,804 sqft of living area, it ranks in the top 10% for size on its street and the top 17% in its wider area, offering more room than most comparable homes. The property features an attached garage and a renovated basement, adding functional living space.

The home’s assessed value is notably high for its immediate surroundings, placing it in the top 7% on Millpond Path, which often indicates superior finishes, upgrades, or desirability within the local market. The lot size of 4,430 sqft is comfortably above average for the street, providing good outdoor space without the maintenance burden of a much larger yard.

This property would suit buyers looking for a move-in-ready, modern home who value space and contemporary builds in a well-established neighbourhood. It’s particularly suited for those who appreciate a home that stands out in its local context for size, newness, and perceived value, without venturing into brand-new, premium-priced subdivisions.


Frequently Asked Questions

1. How does the assessed value compare to the likely selling price?
The assessed value of $61,900k is a municipal valuation for tax purposes and is typically lower than market value. The home’s high percentile ranking (top 7%) suggests it is considered a premium property in its area, so the selling price would likely be higher, influenced by current market conditions.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This could range from basic finishing to include additional bedrooms, a living area, or a legal suite. Further details would need to be confirmed through a viewing or the listing agent.

3. The home sold in 2019. What does its history tell us?
It was originally sold new in mid-2019 for between $375,000 and $405,000. This provides a baseline for its initial value. Its current high assessed value suggests significant appreciation or improvements since then, making its sales history a useful point of comparison for any new sale.

4. Is the lot size a pro or a con?
It depends on your priorities. At 4,430 sqft, the lot is larger than most on Millpond Path, offering good private outdoor space. However, it is slightly below the average for the broader Inkster Gardens area. It’s a balanced lot that prioritizes usable yard space over extensive, high-maintenance land.

5. How does this home fit within the neighbourhood of Inkster Gardens?
With a 2019 build date, this is one of the newest homes in the area (ranking in the top 1% for year built in Inkster Gardens). It offers modern amenities and layout within a mature neighbourhood, appealing to those who want newer construction without living in a completely new development.

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