87 Prairie Spring Bay

Inkster Gardens, Winnipeg

Property score

75.9

Good

Overall 75.9 · Newer than most nearby homes

1,294 sqft (bottom 42%) · Built in 2020 (21 yrs newer than avg)

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

Transit 82.0 · 5-min walk to transit with 8 nearby routes · Within 500m: 3 parks, and 1 place of worship nearby

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Above average

21 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

75.9 is composed by the two sections below.

Property Score

70.2Good
Living Area1,294 sqft66Good
Year Built202097Excellent
Lot Size4,140 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

around average
1,294 sqft
0255075100
Same streetBottom 4%Same areaBottom 42%CitywideTop 42%
Same street · Prairie Spring Bay
#76 / 79
Bottom 4% · Avg 1,781 sqft
Same area · Inkster Gardens
#835 / 1,446
Bottom 42% · Avg 1,422 sqft
Citywide · Winnipeg
#81,790 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
536k
0255075100
Same streetBottom 16%Same areaTop 21%CitywideTop 14%
Same street · Prairie Spring Bay
#66 / 79
Bottom 16% · Avg 584k
Same area · Inkster Gardens
#299 / 1,446
Top 21% · Avg 454.9k
Citywide · Winnipeg
#28,142 / 194,458
Top 14% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 4%Same areaTop 1%CitywideTop 3%

Lot Size

around average
4,140 sqft
0255075100
Same streetBottom 41%Same areaBottom 33%CitywideBottom 28%

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

87 Prairie Spring Bay — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 316 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 12/2020CA$400k–450k
Sold price

Same street

Bottom 33%

Same area

Top 40%

City-wide

Top 32%

Related homes

Highlights & common questions: 87 Prairie Spring Bay, Winnipeg

Property Overview: 87 Prairie Spring Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, one-storey home in Inkster Gardens, built in 2020. Its key characteristic is its contemporary age, ranking it among the newest 1-4% of homes in its immediate area, neighbourhood, and city-wide. The living space (1,294 sqft) is compact compared to others on its street but is close to the city-wide average, suggesting an efficient, low-maintenance layout. It features an attached garage and a renovated basement.

The appeal lies in acquiring a like-new property without a premium price, as its assessed value is below average for its street. This presents a value opportunity within a newer housing pocket. It suits first-time buyers or downsizers seeking a modern, single-level home with minimal upkeep, and investors looking for a relatively new asset in a stable neighbourhood. A thoughtful perspective is that while the lot is smaller than the city average, it aligns with newer development patterns and reduces outdoor maintenance—a potential benefit for the right buyer.

Section 2: Frequently Asked Questions

1. Is this a good value for the money?
The data suggests it is. The home’s assessed value is above average for Inkster Gardens and city-wide, yet it is priced below the average for its own street of newer homes, indicating a competitive position.

2. How does the living space compare to nearby homes?
At 1,294 sqft, the living area is smaller than most direct neighbours on Prairie Spring Bay but is very close to the overall Winnipeg average. This points to a more efficient, potentially easier-to-maintain footprint.

3. What does the "renovated basement" include?
The listing notes a renovated basement but does not specify the finishes or layout. This is a key detail to clarify with the seller or listing agent to understand the home’s full living and utility space.

4. Why is the assessed value different from the past sale price?
The home last sold in late 2020 for an estimated $38.5k–$41.5k. The current assessed value of $53.60k reflects market changes and provincial assessment formulas over the intervening years, not necessarily a direct appraisal of resale value.

5. The home is newer, but what about the neighbourhood's overall age?
While this home is from 2020, Inkster Gardens as a whole has an average build year around 1999. This means you’re buying one of the newest houses in an established, mature neighbourhood.

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