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)
469
475.8k
$297/sqft
2018
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82.4 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
160 Cheema Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 255 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 14% | Bottom 37% | Top 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 160 Cheema Drive, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This is a modern, low-maintenance home built in 2023, offering a move-in-ready experience in Winnipeg's North Inkster Industrial area. With 1,615 sqft of living space, it provides ample room for a small family or couple, ranking above the city-wide average for interior size. Its primary appeal lies in its new construction, which places it in the elite top 4% of homes in its immediate area and top 1% city-wide for age, suggesting modern building standards, efficiency, and minimal immediate repair needs.
The assessed value of $423k is fairly typical for the street and neighbourhood, but sits above the city-wide average, reflecting the premium for newer homes. A thoughtful perspective is the lot size: at 3,065 sqft, it is smaller than most city lots. This translates to less yard upkeep—a benefit for those seeking a lock-and-leave lifestyle—but less private outdoor space for gardening or expansion.
This property would best suit first-time homebuyers or downsizers who prioritize a modern, efficient home without the worries of an older property. It’s also a practical fit for buyers who value their time and prefer to spend it indoors rather than on extensive yard maintenance or renovations.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to its neighbours?
The home’s assessed value is around the average for both Cheema Drive and the broader North Inkster Industrial area. However, it is assessed higher than the typical Winnipeg home, which is largely due to its very recent construction year.
2. What are the implications of the smaller lot size?
The lot is below the city-wide average for size. This means lower maintenance and potentially lower property taxes tied to land value, but it also offers less potential for additions like a large deck, shed, or future expansion compared to properties on larger lots.
3. Is this a good investment compared to older homes?
While newer homes often command a price premium, they also typically incur lower short-term maintenance costs. The data shows it last sold between $350k-$400k in early 2023. Its current assessed value suggests it has held or increased in value in a stable neighbourhood context.
4. What does the "Industrial" area designation mean for living here?
North Inkster Industrial is a mixed-use area. Residents benefit from newer housing stock, but should be aware of potential commercial or light industrial traffic nearby. It’s advisable to visit at different times to gauge the neighbourhood atmosphere.
5. Where can I get verified historical price data?
The sold price shown is based on public data. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as this information is not sourced from the MLS.
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