70.3
Good
Property score
70.3
Good
Overall 70.3
Smaller but newer than most nearby homes
1,013 sqft (bottom 1%)
Built in 2022 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~121k
Transit 60.0
10-min walk to transit with 3 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Above average
4 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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70.3 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
146 Sawka Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 383 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 2% | Bottom 14% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 146 Sawka Bay, Winnipeg
Key Characteristics & Appeal
This is a compact, modern property built in 2022, offering a move-in-ready home with minimal maintenance concerns. Its primary appeal lies in its contemporary build within a budget-conscious framework. The 1,013 sqft living area is notably smaller than most homes on its street and in the North Inkster Industrial area, positioning it as an efficient, lower-maintenance space. With an assessed value of $387k, it sits below the local area average but aligns closely with the wider Winnipeg average, suggesting it may offer relative value within a newer construction niche.
The property would suit first-time buyers or downsizers seeking a modern home without a premium price tag, particularly those who prioritize new builds over square footage. A thoughtful perspective is its lot size (2,953 sqft), which is typical for its immediate street but smaller than the city norm. This indicates a more manageable yard for those not wanting extensive outdoor upkeep, while still providing private outdoor space. Its "elite" city-wide ranking for year built highlights that such a new construction is a rarity in Winnipeg's broader, older housing stock.
Frequently Asked Questions
1. Is the price fair for a home of this size?
The assessed value is below the averages for both its street and immediate area, largely due to its smaller square footage. However, it is very close to the city-wide average, and the 2022 build date adds value. It appears priced for buyers who value new construction efficiency over sheer space.
2. What are the implications of the "North Inkster Industrial" area name?
Prospective buyers should research the specific character of the neighbourhood. The name suggests a potential mix of residential and light industrial uses. It's advisable to visit at different times to assess noise, traffic, and the overall living environment.
3. What does the sold price history from 2021 indicate?
The property last sold for an estimated $300k-$350k in late 2021, likely during or just after construction. The increase to the current $387k assessment reflects market changes and the home's transition from new build to a lightly used, modern property.
4. How does the lot size compare, and what does it mean for me?
The lot is average for the street but below the city average. This means a manageable yard for gardening or relaxation, but not suited for extensive additions or large outdoor projects. It aligns with the home's overall theme of efficient, low-maintenance living.
5. Why is the living area so much smaller than area averages?
This is a key characteristic of this property. It represents a modern trend toward more compact, efficiently designed new builds. It saves on heating, cleaning, and maintenance costs, but requires thoughtful space planning and may not suit those needing multiple large rooms.
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