77.7
Good
Property score
77.7
Good
Overall 77.7
Smaller but newer than most nearby homes
1,200 sqft (bottom 9%)
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
27% 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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77.7 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
192 Cheema Drive — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 311 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 33% | Top 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 192 Cheema Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, recently built home (2023) situated in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction, offering a move-in-ready condition with contemporary building standards and minimal maintenance concerns in the near future. With 1,200 sqft of living space and a 4,000 sqft lot, the home provides a compact, efficient layout on a parcel that is typical for its immediate street and neighborhood.
The property presents a notable value perspective. While its assessed value ($396k) is below the average for its specific street and industrial-area neighborhood, it aligns closely with the city-wide average for comparable homes. This suggests it may offer more modern amenities than many older city homes at a similar price point. However, it is one of the smaller homes on its street and in the immediate area. This combination of new build, manageable size, and competitive city-wide pricing makes it particularly suited for first-time homebuyers, small families, or investors seeking a modern property without a premium price tag. It’s a practical choice for those who prioritize a newer home over maximum square footage.
Frequently Asked Questions
1. Is this a good value for the money?
Based on the data, its assessed value is very competitive when compared to the overall Winnipeg market, where it sits near the average. You are essentially paying a city-typical price for a home that is significantly newer than most.
2. What does "North Inkster Industrial" mean for living here?
This is an industrial-zoned neighborhood. Residents should be prepared for the potential of commercial traffic, noise, and activity from nearby businesses, which is a trade-off for the typically more affordable property prices in such areas.
3. The home seems smaller than others on the street. Is that a concern?
The living area is below average for Cheema Drive. This means you're buying into a street with generally larger homes, which could be a factor for future resale value or if you plan to expand. However, the lot size is average for the street, offering outdoor space.
4. How reliable is the sold price data shown?
The site notes that sold price data is from public sources, not the MLS, and is presented in a range. For fully verified and exact historical sale figures, you must request them directly from the site via email.
5. The home is only a few years old. What should I check?
Even with a new build, a thorough inspection is wise. Focus on the quality of the initial construction, warranty coverage that may still be in effect, and ensuring all permits were finalized. Also, investigate if the property has been fully assessed and taxed as a finished home.
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