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 86.0
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
246 Cheema Drive — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 382 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 44% | Top 46% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 246 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 minimal immediate repair needs. With 1,615 sqft of living space, it provides above-average roominess for Winnipeg overall, though it is comparably sized to other homes in the North Inkster Industrial area. The assessed value of $418k sits below the local street and area averages, potentially indicating value within its immediate market.
The primary appeal lies in its modernity and efficiency. It’s a home for those who prioritize a newer construction with less upkeep over a larger lot. The property sits on a 2,600 sqft lot, which is compact relative to most of the city and even its own neighbourhood. This translates to less yard work and lower exterior maintenance, a trade-off for less private outdoor space.
This property would best suit first-time homebuyers, small families, or professionals seeking a modern, manageable home without the surprises of an older property. It’s also a practical fit for buyers who value interior space and new amenities over extensive gardening or outdoor recreation space. The below-average lot size, while a limitation for some, contributes to a relatively efficient property layout and lower landscaping demands.
Frequently Asked Questions
1. How does the lot size impact daily living?
The 2,600 sqft lot is significantly smaller than the Winnipeg average. This means minimal yard maintenance but also limited private outdoor space for activities, gardening, or future expansions like a large deck or shed.
2. Is the assessed value a reliable indicator of the listing or sale price?
The assessed value ($418k) is for municipal tax purposes and is typically below market value. Notably, it is lower than the average for both Cheema Drive and the wider North Inkster Industrial area, which may reflect its smaller lot. Recent sale prices in the area should be consulted for a true market picture.
3. What are the benefits of a 2023 build?
A home built just three years ago likely includes modern energy efficiency, updated building codes, and contemporary floorplans. Major components like the roof, HVAC, and appliances should have considerable life remaining, reducing near-term capital costs.
4. The home is in an "Industrial" neighbourhood. What does that mean for livability?
The "North Inkster Industrial" designation refers to the broader area planning. It’s essential to visit the specific street to understand the immediate surroundings, as this can influence traffic patterns, ambient noise, and the types of adjacent properties.
5. Where can I find verified past sale prices for this home?
The provided data notes that exact sold prices are not displayed publicly on the site due to industry rules. You must request the exact sale history via email from the service, which will perform a manual lookup. The data shown is from public records and is considered reasonably reliable but not guaranteed.
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