200 Cheema Drive

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 92.0 · 4-min walk to transit with 6 nearby routes · Within 500m: 3 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)

Sold Count

469

Median price

475.8k

$/sqft

$297/sqft

Avg build year

2018

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Property score

81.5 is composed by the two sections below.

Property Score

78.3Good
Living Area83
1,615 sqftExcellent
Year Built100
2023Excellent
Lot Size28
2,532 sqftLow
Neighbourhood Sales Activity86
Excellent

Community Score

86.3Excellent
Household Income91
Excellent
Education Level72
Good
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health90
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111118

Community deep dive

$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

Population, labour & age

Population (2021)3,661
Labour force participation rate78%
Median age31.6
Avg household size4.0
Unemployment rate6%
Population density479 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households5%
Couple families with children50%
Median household income (2020)$121K

Housing

Renter households9%
Condominium dwellings3%
Median dwelling value (owners)$440K

Diversity, education & language

Immigrants (share of pop.)51%
Visible minority86%
Bachelor's or higher (25–64)36%
Mother tongue (1st)Punjabi · 33%
Mother tongue (2nd)English · 32%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,615 sqft
0255075100
Same streetTop 44%Same areaTop 41%CitywideTop 25%
Same street · Cheema Drive
#28 / 64
Top 44% · Avg 1,723 sqft
Same area · North Inkster Industrial
#256 / 629
Top 41% · Avg 1,635 sqft
Citywide · Winnipeg
#47,907 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
418k
0255075100
Same streetBottom 33%Same areaBottom 40%CitywideTop 34%
Same street · Cheema Drive
#43 / 64
Bottom 33% · Avg 500.2k
Same area · North Inkster Industrial
#378 / 629
Bottom 40% · Avg 484.4k
Citywide · Winnipeg
#66,567 / 194,458
Top 34% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 13%Same areaTop 4%CitywideTop 1%

Lot Size

below average
2,532 sqft
0255075100
Same streetBottom 9%Same areaBottom 6%CitywideBottom 6%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

200 Cheema Drive — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 331 m).

Search radius
🌳Parks3
Worship1

Crime & Safety

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%

Sales History

Sold 11/2023CA$350k–400k
Sold price

Same street

Bottom 13%

Same area

Bottom 36%

City-wide

Top 35%

Related homes

Highlights & common questions: 200 Cheema Drive, Winnipeg

Property Overview: 200 Cheema Drive, Winnipeg

Key Characteristics & Appeal

This is a modern, low-maintenance home built in 2023, offering a move-in-ready condition with the benefits of a new build, such as contemporary building standards and likely remaining warranty coverage. With 1,615 sqft of living space, it provides above-average interior room compared to the typical Winnipeg home. Its assessed value of $418k positions it as a mid-range property in the city, suggesting a balanced entry point into the newer housing stock.

The primary appeal lies in its modernity and efficiency. As a nearly new construction in the North Inkster Industrial area, it represents a practical, "set-and-forget" property for those prioritizing a modern layout and minimal immediate repair concerns. A thoughtful perspective is that while the lot size is compact relative to most of the city, this aligns with a lower-maintenance lifestyle and can mean lower property taxes and upkeep costs. The home last sold between $350k-$400k in late 2023, indicating a potentially stable value trajectory in its early years.

This property would best suit first-time buyers or downsizers seeking a modern, manageable home without the renovation demands of an older property. It’s also a pragmatic fit for investors or owners looking for a newer asset in a developing industrial-residential area, who value modern infrastructure over a large yard.

Frequently Asked Questions

1. Is this a good value compared to other homes on the street?
The home’s assessed value is below the street average ($418k vs. $500k), while its living space is slightly below the local average. This suggests you may be paying primarily for the modern build year and condition rather than sheer size.

2. What are the implications of the smaller lot size?
At 2,532 sqft, the lot is compact. This means minimal yard maintenance, but also limited potential for expansions like large decks, additions, or extensive landscaping. It emphasizes indoor living space over outdoor private space.

3. The area is labelled "Industrial." What does that mean for living here?
North Inkster Industrial is a mixed-use area. Expect proximity to businesses and light industry, which can mean convenient access to services but also potentially more commercial traffic and different neighborhood character compared to purely residential suburbs.

4. How current and reliable is the sold price data shown?
The sold price range ($350k-$400k) is from public records, not the MLS, and is from November 2023. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email.

5. Why is the year built considered "Elite" in the rankings?
Compared to Winnipeg's overall housing stock, where the average home was built in 1966, a 2023 build is in the top 1% for newness. This is a standout feature city-wide, even if it's more common on its immediate street.