Property score
79.8
Good
Overall 79.8 · Newer than most nearby homes
1,454 sqft (top 39%) · Built in 2017 (18 yrs newer than avg)
Located in a high-income area with median household income of ~108k
Transit 100.0 · 1-min walk to transit with 8 nearby routes · Within 500m: 3 parks nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Above average
18 yrs newer than neighborhood avg.
Mother tongue
Punjabi · 48%English · 24%
Past 10 years Inkster Gardens sales snapshot (~80% of all data)
540
447.1k
$350/sqft
1999
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79.8 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: #46111119
$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
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
7 Wellsprings Cove — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 175 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 17% | Top 43% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Wellsprings Cove, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained, one-storey home in Inkster Gardens offers a practical and modern living space. Built in 2017, it benefits from contemporary construction standards without the premium of a brand-new build. The 1,454 sqft living area is efficiently designed, and the home features a renovated basement and an attached garage.
Its primary appeal lies in its strong value proposition within a newer neighbourhood context. The assessed value of $570k positions it well above average for both the Inkster Gardens area and Winnipeg citywide, suggesting a perception of quality and desirability. However, it’s noteworthy that on its own street of Wellsprings Cove, it sits at the higher end of the market, indicating a street of relatively new and valuable homes. The lot size is modest compared to some peers, which translates to lower maintenance while still providing usable outdoor space.
This property would best suit buyers seeking a move-in ready, modern home without the unpredictability of an older property. It’s ideal for small families, professionals, or downsizers who prioritize single-level living, recent builds, and a balance of neighbourhood amenities with a quiet cul-de-sac setting. A thoughtful perspective is that this home offers the "sweet spot" of being established enough for landscaping to mature, while all major components are still under warranty or far from needing replacement.
Section 2: Frequently Asked Questions
1. How does the value of this home compare to its neighbours?
The home’s assessed value is significantly higher than the average for both Inkster Gardens and Winnipeg overall, but it is one of the higher-valued homes on its own street. This suggests you are buying into a desirable, consistent pocket of newer homes.
2. Is the living space smaller than average?
At 1,454 sqft, the living area is slightly above the Winnipeg city average but below the average for newer homes on Wellsprings Cove. The efficient, modern layout and the addition of a renovated basement help maximize the usable space.
3. What does the lot size mean for me?
The 4,959 sqft lot is manageable and requires less upkeep than larger plots. It provides adequate private outdoor space for gardening or recreation but may not accommodate extensive additions or a large pool.
4. How can I find out the exact historical sale price?
The listed sale price ranges are based on public data. To obtain the precise sold price history, you can use the email request feature provided on the listing page for a manual, prompt response.
5. What is the neighbourhood like for newer homes?
Inkster Gardens contains a mix of older and newer properties. This home, built in 2017, is in the newer segment, ranking well above the area’s average year-built. This often correlates with modern infrastructure and similar neighbouring properties.
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