87.0
Excellent
Property score
87.0
Excellent
Overall 87.0
Larger and newer than most nearby homes
1,910 sqft (top 17%)
Built in 2024 (6 yrs newer than avg)
Located in a high-income area
with median household income of ~121k
Transit 60.0
9-min walk to transit with 3 nearby routes
Within 500m: 1 park, 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
Above average
17% larger than neighborhood avg.
Year Built
Above average
6 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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87.0 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
20 Cheema Drive — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 195 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 33% | Top 15% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 20 Cheema Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, two-year-old home (built 2024) in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction, offering move-in readiness with modern building standards and minimal immediate maintenance. With 1,910 sqft of living space, it provides above-average roominess compared to most homes on its street, in the area, and across the city.
The assessed value of $575k positions it as a premium property city-wide (top 10%), suggesting strong finishes and quality for its class. The lot size of 4,018 sqft is fairly typical for the immediate neighbourhood but is notably smaller than the Winnipeg city average. This creates a practical, low-maintenance yard suited for busy professionals or those not seeking extensive gardening.
This property would best suit buyers prioritizing modern convenience and space over a large lot. It’s ideal for someone looking for a newer home without the wait or uncertainties of a build, and who values being in a developing area with similarly recent constructions. A thoughtful perspective is that its "elite" ranking for year built on its street means it may set the standard for the block, but it also carries a value premium reflective of its newness compared to older, possibly more established neighbourhoods.
Frequently Asked Questions
1. How does the lot size impact potential for expansion or outdoor space?
The lot is smaller than the city-wide average. While sufficient for a patio or deck, it may limit possibilities for large additions, pools, or extensive landscaping compared to properties on larger lots.
2. The assessed value is high city-wide. What does that indicate?
A top 10% city-wide assessment suggests the property is valued significantly above the typical Winnipeg home, often reflecting its newness, size, and modern amenities. It's important to note that assessed value is for tax purposes and may differ from market value.
3. What are the implications of buying a very new home in a developing area?
Benefits include modern infrastructure and likely fewer repairs. Considerations include potential ongoing construction nearby and the fact that landscaping and neighbourhood maturity (like established trees) will take time.
4. How recent is the sold price data, and how can I verify it?
The sold price range (CA$550k–600k) is from September 2024. The site notes this data is from public sources, not the MLS. For fully verified and exact transaction history, you must request a manual lookup via email from the service.
5. Is the living space efficiently configured?
At 1,910 sqft, it's spacious for the area. To understand the layout and room sizes, a viewing or floor plan is necessary, as the total square footage doesn't indicate how the space is divided.
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