87.0
Excellent
Property score
87.0
Excellent
Overall 87.0
Larger and newer than most nearby homes
1,900 sqft (top 20%)
Built in 2022 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~121k
Transit 60.0
9-min walk to transit with 3 nearby routes
Within 500m: 2 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
Above average
16% larger than neighborhood avg.
Year Built
Above average
4 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
87.0 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
28 Cheema Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 178 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 21% | Top 10% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 28 Cheema Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, well-sized home built in 2022, offering a move-in-ready opportunity in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its balance of space, condition, and value. With 1,900 sqft of living area, it provides above-average space for both the immediate area and the city overall. The assessed value of $575k positions it as a premium property citywide (top 10%), yet it is competitively priced within its own neighbourhood and street.
The home sits on a 4,241 sqft lot, which is notably larger than most on Cheema Drive, offering more outdoor space than many newer builds. A thoughtful perspective is that while the home is newer than most in Winnipeg, it is actually one of the older homes on its specific street, where development is very recent. This suggests a more established lot in a fledgling community, potentially with matured landscaping.
This property would best suit buyers looking for a modern home without the wait of new construction, who value interior space and a sizable lot in a developing area. It’s ideal for those who want a home that stands out in terms of assessed value and size compared to the wider city, while still being in line with local market trends.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
It sold in November 2022 for an estimated $600k-$650k. The current $575k assessed value is below that sale price range, which may reflect market adjustments or the municipality's assessment methodology.
2. Is the lot size a pro or a con?
It depends on your priorities. The lot is larger than most on the street, which is a advantage for privacy and outdoor use. However, it is smaller than the citywide average lot, which is typical for newer subdivisions.
3. The home is listed as being in an "Industrial" area. What does that mean for living here?
"North Inkster Industrial" is the community name. The surrounding properties are primarily residential, as shown by the nearby listings. Buyers should still investigate the broader area for any light industrial or commercial influences.
4. Why is the "Year Built" ranking on the street so low?
The ranking is comparative. On a street where most homes were built around or after 2023, this 2022 build is slightly older. This isn't a negative; it simply means the entire street is very new.
5. Where can I get the exact historical sold price data?
The website notes that due to industry rules, exact MLS sold prices are not displayed publicly. You must request the exact figures via email from the site provider, who will manually look them up and send them to you.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
