81.5
Excellent
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
5-min walk to transit with 4 nearby routes
Within 500m: 3 parks, 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
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
230 Cheema Drive — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 362 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 | Bottom 25% | 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: 230 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 ample room for a small family or couple and is notably larger than the average Winnipeg home. Its primary appeal lies in this combination of new construction and efficient interior space within the North Inkster Industrial area.
The data presents a nuanced value proposition. The home's assessed value ($412k) is below average for its immediate street but aligns more closely with area and city-wide averages. This suggests the potential for relative value within a newer building cohort. A key trade-off is the lot size (2,602 sqft), which is compact compared to most homes in Winnipeg. This translates to minimal yard upkeep—a plus for those seeking a lock-and-leave lifestyle—but less private outdoor space.
This property would best suit first-time homebuyers or downsizers who prioritize a modern, interior-focused home over a large yard. It’s also a practical fit for buyers who value newer construction and want to avoid immediate major repairs, and who are comfortable in a developing industrial-area community.
Frequently Asked Questions
1. Is this home a good value compared to its neighbors?
The assessed value is below the average on Cheema Drive itself, but is competitive when compared to the wider North Inkster area and the entire city. This indicates you may be getting a modern home at a value-oriented entry point for a new build.
2. What are the implications of the smaller lot size?
The lot is significantly smaller than the Winnipeg average. This means lower maintenance and potentially lower property taxes, but also limited outdoor private space for gardening, play, or expansions like a large deck or garage.
3. As a 2023 build, what should I check regarding its history?
While being nearly new is a major advantage, it's wise to inquire about the builder's reputation, the status of any remaining new home warranty, and if all municipal inspections and final certifications were completed.
4. How does the "North Inkster Industrial" area affect livability?
Consider the balance of a potentially more affordable, newer home against the character of an industrial zone. Proximity to transportation and employment hubs can be a benefit, but it's important to personally assess noise levels, traffic patterns, and nearby amenities for daily life.
5. The sold price history shows a range. How can I get the exact figure?
The displayed sold price is an estimated range. To obtain the exact historical sale price for a precise comparison, you must request a manual lookup from the site via email, as they do not publish MLS data directly.
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