70.3
Good
Property score
70.3
Good
Overall 70.3
Smaller but newer than most nearby homes
1,073 sqft (bottom 1%)
Built in 2022 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~121k
Transit 60.0
10-min walk to transit with 3 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Above average
4 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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70.3 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
2 Sawka Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 258 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%
Local garbage, recycling, and yard waste pickup schedule for 2 Sawka Bay.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 7% | Top 28% | Top 19% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 48% | Bottom 42% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 2 Sawka Bay, Winnipeg
Key Characteristics & Appeal
This property at 2 Sawka Bay is a modern, low-maintenance home built in 2022, situated in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction, offering contemporary systems, minimal immediate repair needs, and modern design. With a living area of 1,073 sqft and an assessed value of $407k, it presents as a compact and efficiently designed space.
The home’s standout characteristic is its age. It ranks in the top 1% city-wide for being newer than comparable homes, which average a 1966 build year. This is a significant advantage for buyers seeking peace of mind regarding building codes, energy efficiency, and warranties. However, the lot size (2,957 sqft) is below the city-wide average, suggesting a smaller, more manageable yard suited for those who prefer minimal outdoor upkeep.
Its value proposition is nuanced. While its assessed value is above the city-wide average for comparable homes, it is below the average for the North Inkster Industrial area itself. This could indicate a pricing opportunity within a neighbourhood that may have higher-priced properties. The home would suit first-time buyers, downsizers, or investors looking for a modern, turn-key property without the premium lot size. It’s ideal for someone prioritizing a new build in a budget-conscious way, accepting a smaller interior and yard footprint for the benefit of newer construction and lower maintenance.
Frequently Asked Questions
1. Is this a good value compared to other homes in the area?
The data suggests a mixed picture. The home’s assessed value is below the average for the North Inkster Industrial area, which could represent relative value. However, its living space is also significantly smaller than area averages. Value will depend on how much you prioritize modern construction over square footage.
2. What are the implications of the smaller lot size?
The lot is below the city-wide average, which means lower yard maintenance but also limited space for expansions, large gardens, or extensive outdoor recreation. It aligns with a low-maintenance lifestyle.
3. As a 2022 build, what should I expect regarding maintenance?
While major systems should be under warranty and in good condition, it’s still prudent to check for any builder deficiencies or settling issues common in the first few years of a new home. A thorough inspection is recommended.
4. How does the "Industrial" area name impact living here?
The "North Inkster Industrial" designation primarily refers to the planning zone. Prospective buyers should visit the neighbourhood to assess the actual living environment, including proximity to any industrial activities, traffic patterns, and nearby amenities.
5. The sold price history shows a sale in 2024 and 2022. What does this indicate?
Two sales in a short period could be due to various personal circumstances and do not inherently signal a problem with the property. It does, however, highlight the importance of understanding the reasons for the quick turnover and verifying the condition has been maintained.
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