North Inkster Industrial, Winnipeg
Property score
80.2
Excellent
Overall 80.2 · Smaller but newer than most nearby homes
1,245 sqft (bottom 11%) · Built in 2023 (5 yrs newer than avg)
Located in a high-income area with median household income of ~121k
Transit 92.0 · 5-min walk to transit with 6 nearby routes · Within 500m: 3 parks, and 1 place of worship nearby
Living Area
Below average
24% 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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80.2 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
188 Cheema Drive — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 297 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 38% | Bottom 49% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 188 Cheema Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 2023-built home in North Inkster Industrial presents a distinct value proposition centered on new construction and land size. Its key characteristic is a significant 6,071 sqft lot, which is exceptionally large for its immediate street and area, ranking in the top 2% and 10% respectively. This offers rare potential for outdoor space, expansion, or landscaping in a newer community.
The appeal lies in a balance of modern infrastructure and a competitively positioned assessed value of $458,000. While the living area (1,245 sqft) is modest compared to newer neighbours, the home is essentially brand-new, likely requiring minimal immediate maintenance or updates. Its city-wide assessed value ranks above average (top 27%), suggesting a solid foundation of equity.
This property would best suit pragmatic buyers who prioritize a newer build on a generous lot over interior square footage. It’s a fit for those wanting to avoid the surprises of an older home, or for investors/owners who see long-term value in the land itself. A thoughtful perspective is that the smaller living area on a large lot could be a strategic canvas for a future addition, making it a potential entry point into a newer area with room to grow.
Section 2: Frequently Asked Questions
1. Is the living area sufficient for a family?
The 1,245 sqft living area is below the current average for both the street and the North Inkster Industrial area. It would suit a smaller family, a couple, or a buyer comfortable with efficient, modern layouts rather than expansive room sizes.
2. How does the assessed value compare to the last sale price?
The property last sold in September 2023 for an estimated $400k-$450k. The current $458k assessed value is slightly above that range, indicating stable or slightly appreciating value in line with broader city trends.
3. What are the implications of the "Industrial" area name?
North Inkster Industrial is a residential community within a larger industrially-zoned district. Buyers should investigate typical sounds, traffic, and future development plans for surrounding commercial/industrial lands to ensure it aligns with their lifestyle expectations.
4. Why is the lot size considered a standout feature?
With 6,071 sqft, the lot is dramatically larger than most on Cheema Drive (where it ranks #1 of 64) and in the immediate area. This provides a notable amount of private outdoor space uncommon in newer subdivisions.
5. What does the "Elite" ranking for year built mean?
Built in 2023, the home is among the newest 1% of homes city-wide and the newest 4% in its local area. This translates to modern building codes, materials, and systems, potentially leading to lower upkeep costs and higher energy efficiency in the near term.
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