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 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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81.5 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
208 Cheema Drive — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 339 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 40% | Top 25% | Top 18% |
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: 208 Cheema Drive, Winnipeg
Key Characteristics & Buyer Appeal
This is a modern, low-maintenance home built in 2023, offering a move-in-ready experience in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction, which means modern building standards, energy efficiency, and minimal immediate repair concerns. With 1,615 sqft of living space, it offers above-average roominess compared to the typical Winnipeg home, yet it is configured on a compact, manageable lot.
The data presents a nuanced picture: while the home is newer than 99% of properties city-wide, its lot size is significantly smaller than most in Winnipeg. This positions it as an efficient, modern dwelling rather than a sprawling property. The assessed value sits in a middle range—not the highest on its street but above the city-wide average—suggesting a balanced valuation for its age and condition.
This property would ideally suit first-time homebuyers or downsizers seeking a contemporary home without the upkeep of an older property or a large yard. It’s also a practical fit for investors or buyers who prioritize interior space and modern amenities over extensive outdoor land.
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, which could indicate relative value, especially given its new build status. However, it also sits on a smaller-than-average lot for the street, which is a key factor in that valuation.
2. What does the "North Inkster Industrial" neighbourhood imply?
As an industrial-designated area, residents can expect a mix of residential and commercial/light industrial properties. This can mean convenient access to services and employment, but buyers should visit at different times to assess factors like traffic and noise that may differ from purely residential suburbs.
3. Are there any concerns with such a new build?
While new builds offer modern advantages, it’s wise to inquire about the builder’s reputation and check if any Tarion or new home warranties are still in effect. Understanding the quality of construction and finishes is important.
4. The lot is small. What are the pros and cons?
The compact lot (2,600 sqft) translates to minimal yard maintenance, which is a benefit for those seeking a lock-and-leave lifestyle. The trade-off is limited private outdoor space for gardening, play, or expansive entertaining.
5. The sold price history shows two recent sales. What does that indicate?
The property sold in late 2023 and again in early 2024. This could be due to various personal circumstances of the previous owners. It does highlight that the property has been on the market recently, so a review of its conditional sale history and a thorough inspection are recommended to understand its context fully.
