81.0
Excellent
Property score
81.0
Excellent
Overall 81.0
Newer than most nearby homes
1,572 sqft (bottom 47%)
Built in 2023 (5 yrs newer than avg)
Located in a high-income area
with median household income of ~121k
Transit 76.0
7-min walk to transit with 4 nearby routes
Within 500m: 2 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Above average
5 yrs newer than neighborhood avg.
Mother tongue
Punjabi · 33%English · 33%
Past 10 years North Inkster Industrial sales snapshot (~80% of all data)
469
475.8k
$297/sqft
2018
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81.0 is composed by the two sections below.
Property Score
Community Score
North Inkster Industrial
How to read: Share of sales in each ~$50k price band for “north inkster industrial” (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: #46111118
$121K
Median household income
$133K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
5%
Single-person households
50%
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
111 Mayer Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 301 m).
North Inkster Industrial · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
100%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Top 27% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 111 Mayer Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, three-year-old property (built 2023) located in the North Inkster Industrial area. Its primary appeal lies in its new construction, offering move-in readiness and contemporary building standards without the premium often attached to brand-new builds. With 1,572 sqft of living space, it is a comfortably sized home that ranks above average compared to the wider Winnipeg market, though it is on the smaller side for its immediate street.
The assessed value of $454k presents a compelling narrative. It sits below the average for Mayer Drive but is very close to the average for the broader North Inkster Industrial area. City-wide, this value is notably above average, suggesting you get more modern home for your dollar in this location compared to many older Winnipeg neighbourhoods. The lot size of 3,331 sqft is compact, which translates to lower maintenance—a plus for buyers seeking a newer home without extensive yard work.
This property would suit first-time buyers or downsizers looking for a modern, low-maintenance home in a developing area. It’s also a practical choice for value-focused buyers who prioritize the condition and age of a home over having the largest lot on the block. The data indicates it may offer a smart entry point into a newer home, trading some space and land for modernity and efficiency.
Frequently Asked Questions
1. Is this a good value for the money?
The data suggests it is a strong value within the wider city context, offering a newer home above the city's average assessed value. On its own street, it's priced below the local average, which could indicate a relative opportunity.
2. What does the "North Inkster Industrial" neighbourhood mean for living here?
This designation typically indicates a mixed-use area. Residents should be prepared for potential commercial or light industrial activity nearby, which often translates to more affordable property prices compared to purely residential zones.
3. The lot seems small. Are there any advantages to that?
Yes. A smaller lot (3,331 sqft) means significantly less yard maintenance, lower water costs for landscaping, and often a more efficient property layout. This is a key feature for those seeking a lock-and-leave lifestyle or who prefer to spend less time on upkeep.
4. The home sold recently in 2023. Why is it back on the market so soon?
While the specific reason isn't provided, short ownership periods in a new build can sometimes relate to a change in the owner's personal circumstances, job relocation, or an initial investment purchase. It does not inherently reflect on the property itself.
5. How can I verify the exact past sold price?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact figure by emailing them directly for a manual lookup, which they provide without using your email for marketing.
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