North Inkster Industrial, Winnipeg
Property score
81.5
Excellent
Overall 81.5 · 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 · 6-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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81.5 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
172 Cheema Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 276 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 | Top 44% | Top 29% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 172 Cheema Drive is a modern, low-maintenance property built in 2023. Its appeal lies in its balance of new construction benefits and established neighbourhood growth. With 1,615 sqft of living space, an attached garage, and a full (though unfinished) basement, it offers a practical layout for modern living. The lot size of nearly 3,000 sqft is competitive for newer developments.
The home suits first-time buyers or young families seeking a move-in-ready property without immediate renovation concerns. Its strong rankings—being newer than 99% of Winnipeg homes and in the top third of its street for lot size—suggest it’s a solid, above-average offering in the North Inkster Industrial area. A thoughtful perspective is that buying a home just a few years old allows you to benefit from the initial owner navigating new-build quirks, while still enjoying the bulk of the builder’s warranty period. The significant gap between the 2023 sale price and the current assessed value is a key point for buyers to discuss with their agent to understand local market dynamics.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is included but is not renovated. This provides a blank canvas for future expansion, adding potential value down the line.
2. How does this home compare to others on the street?
The data shows it ranks highly for its newer age (top 13% on the street) and is above average for lot size (top 31%). Its living area is comfortably in the middle range for the street.
3. What does the "North Inkster Industrial" neighbourhood mean for daily living?
This designation typically indicates a mixed-use area with residential streets alongside light industrial or commercial properties. It can offer convenient access to services and potentially more affordable pricing, but it's wise to visit at different times to gauge traffic and ambient activity.
4. Why is the assessed value significantly lower than the last sale price?
The home was assessed at $42,200, while it last sold for $470,000 in 2023. This is normal, as municipal property assessments in Manitoba are not intended to reflect market value but are used for tax calculation. Market value is determined by recent sales of comparable homes.
5. What are the typical buyers for a property like this?
This home is well-suited for pragmatic buyers who want modern construction without a premium custom-build price. It’s ideal for those who prioritize a move-in-ready condition, energy efficiency of a newer build, and the opportunity to customize the basement space over time.
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