148 Cheema Drive

North Inkster Industrial, Winnipeg

Property score

82.4

Excellent

Overall 82.4 · Newer than most nearby homes

1,615 sqft (top 41%) · 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

Living Area

Near average

1% 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)

Sold Count

469

Median price

475.8k

$/sqft

$297/sqft

Avg build year

2018

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Property score

82.4 is composed by the two sections below.

Property Score

79.8Good
Living Area1,615 sqft83Excellent
Year Built2023100Excellent
Lot Size3,068 sqft38Low
Neighbourhood Sales Activity86Excellent

Community Score

86.3Excellent
Household Income91Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need100Excellent
Employment Health90Excellent

Neighbourhood Sales

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.

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: #46111118

Community deep dive

$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

Population, labour & age

Population (2021)3,661
Labour force participation rate78%
Median age31.6
Avg household size4.0
Unemployment rate6%
Population density479 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households5%
Couple families with children50%
Median household income (2020)$121K

Housing

Renter households9%
Condominium dwellings3%
Median dwelling value (owners)$440K

Diversity, education & language

Immigrants (share of pop.)51%
Visible minority86%
Bachelor's or higher (25–64)36%
Mother tongue (1st)Punjabi · 33%
Mother tongue (2nd)English · 32%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,615 sqft
0255075100
Same streetTop 44%Same areaTop 41%CitywideTop 25%
Same street · Cheema Drive
#28 / 64
Top 44% · Avg 1,723 sqft
Same area · North Inkster Industrial
#256 / 629
Top 41% · Avg 1,635 sqft
Citywide · Winnipeg
#47,907 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
423k
0255075100
Same streetBottom 42%Same areaBottom 42%CitywideTop 33%
Same street · Cheema Drive
#37 / 64
Bottom 42% · Avg 500.2k
Same area · North Inkster Industrial
#362 / 629
Bottom 42% · Avg 484.4k
Citywide · Winnipeg
#64,667 / 194,458
Top 33% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 13%Same areaTop 4%CitywideTop 1%

Lot Size

around average
3,068 sqft
0255075100
Same streetBottom 47%Same areaBottom 36%CitywideBottom 13%

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

148 Cheema Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 235 m).

Search radius
🌳Parks2
Worship1

Crime & Safety

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%

Sales History

Sold 4/2023CA$400k–450k
Sold price

Same street

Bottom 46%

Same area

Top 45%

City-wide

Top 27%

Related homes

Highlights & common questions: 148 Cheema Drive, Winnipeg

Property Overview: 148 Cheema Drive, Winnipeg

Key Characteristics & Appeal

This is a modern, low-maintenance home built in 2023, offering a move-in-ready experience in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction, which means modern building standards, contemporary finishes, and minimal immediate repair concerns. With 1,615 sqft of living space, it sits above the city-wide average for home size, providing comfortable room for daily life, yet it remains efficiently scaled.

The data presents a balanced profile: the assessed value is positioned solidly in the middle tier for its immediate area and street, suggesting it is priced in line with its local market. A thoughtful perspective is that while the lot size is smaller than the Winnipeg average, this typically translates to less yard upkeep—a potential benefit for buyers seeking a newer home without the burden of extensive landscaping. This property would suit first-time buyers or downsizers looking for a modern, manageable home without renovation projects, as well as investors attracted by the appeal of a nearly new build in a developing area.

Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value of $423k is around the average for both Cheema Drive and the broader North Inkster Industrial area, indicating it is competitively positioned within its immediate market.

2. What are the advantages of the 2023 build year?
A 2023 construction offers major systems (roof, HVAC, appliances) that are essentially new, likely leading to lower maintenance costs and higher energy efficiency for the foreseeable future. It also means the home meets current building codes.

3. Is the lot size a limitation?
The lot is smaller than the typical Winnipeg property. For some, this means less outdoor space for gardening or recreation. For others, it represents less weekly upkeep and lower landscaping costs, which can be a practical advantage.

4. What does the sale history indicate?
Records show the home sold in April 2023 for between $400k-$450k. This recent transaction provides a concrete benchmark for its market value just a year after it was built.

5. How can I get the exact historical sale price?
The displayed price is a range. To obtain the precise sale figure, you must request a manual lookup via email through the listing site, as this data is not sourced from the MLS system.

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