North Inkster Industrial, Winnipeg
Property score
80.6
Excellent
Overall 80.6 · 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 76.0 · 6-min walk to transit with 4 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)
469
475.8k
$297/sqft
2018
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80.6 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
204 Cheema Drive — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 336 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 46% | Top 31% | Top 21% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 36% | Top 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 204 Cheema Drive, Winnipeg
Key Characteristics & Appeal
This home is a modern, low-maintenance property built in 2023, offering a move-in-ready experience in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its contemporary construction and efficient use of space. With 1,615 sqft of living area, the interior is above the city-wide average, providing comfortable room for daily life without excessive upkeep.
The data presents a nuanced picture. While the home is newer than over 99% of properties city-wide, it sits on a compact lot, which is typical for newer developments. This translates to less yard maintenance—a plus for those seeking a lock-and-leave lifestyle—but limited private outdoor space. The assessed value of $416k is notably lower than the average for its immediate street, potentially indicating value relative to its newer neighbours, yet it sits around the average for the broader area and city.
This property would best suit first-time homebuyers, small families, or professionals who prioritize a modern, efficient home with newer systems and finishes. It’s ideal for buyers who value a contemporary interior space over a large yard and are looking for a sensible entry point into a newer construction neighbourhood.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
The assessed value is below the street average, which often includes larger, older lots. For a home built in 2023, this price point can represent a relative value for buyers specifically seeking a new construction home without a premium lot size.
2. What does "North Inkster Industrial" mean for the neighbourhood feel?
This area is characterized by a mix of residential and light industrial uses. It typically offers more affordable housing options and good accessibility to major routes. Buyers should visit to ensure the surrounding commercial activities align with their lifestyle preferences for noise and traffic.
3. How significant is the smaller lot size?
The lot is compact, even compared to nearby newer homes. This is a trade-off: it means minimal yard work but also limited potential for expansions like large decks, sheds, or extensive landscaping. It emphasizes low-maintenance living.
4. The home sold twice recently. Should that be a concern?
The sales in 2023 and early 2024 are common for new constructions, often involving an initial sale from the builder to the first owner, followed by a resale. It doesn’t inherently indicate a problem but is a point to discuss with your agent, who can request the full transaction history for clarity.
5. Why is the assessed value different from the last sold price?
Municipal assessed value for taxation purposes often lags behind current market values and uses a different valuation model. The last sold price is a better indicator of the home's market value at that specific time. For the most accurate and verified sale history, you can request the exact figures via email from the site.
