87.0
Excellent
Property score
87.0
Excellent
Overall 87.0
Larger and newer than most nearby homes
1,919 sqft (top 16%)
Built in 2022 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~121k
Transit 54.0
9-min walk to transit with 2 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
17% 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
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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
32 Cheema Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 171 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 22% | Top 11% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 32 Cheema Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This modern, two-year-old home in North Inkster Industrial stands out for its above-average size and value in a newer development area. With 1,919 sqft of living space, it offers more room than most homes on its street, in the wider area, and across Winnipeg. Its assessed value of $608,000 is consistently in the top tiers for comparison, indicating a premium valuation for its specifications.
The primary appeal lies in acquiring a like-new property with minimal maintenance concerns and modern building standards. It represents a turnkey opportunity in a neighbourhood where many homes are newer, offering a sense of community among similarly aged properties. A thoughtful perspective is its city-wide standing: while the lot size is modest compared to Winnipeg’s older neighbourhoods, the home itself is in the elite top 1% for its newness compared to the city’s overall housing stock, which averages an age of nearly 60 years. This suits buyers looking for a modern, spacious interior without the upkeep of an older home or the desire for a large yard. It would particularly fit professionals, small families, or investors seeking a contemporary property with strong assessed value metrics in a developing area.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to its recent sale price?
The home sold in December 2022 for between $600,000 and $650,000. Its current assessed value of $608,000 falls within that range, suggesting the assessment aligns with its recent market transaction.
2. Is the lot size a limitation?
At just over 4,000 sqft, the lot is average for the immediate street and area but below the city-wide average. This is typical for newer subdivisions. It suits those who prefer lower yard maintenance but may not appeal to those wanting extensive outdoor space.
3. What does the "Elite" ranking for Year Built city-wide mean?
It highlights that a home built in 2022 is exceptionally new compared to Winnipeg’s overall housing inventory, where the average home was built in 1966. This is a key marker of modern construction and likely newer systems.
4. Are the sold prices shown on the site the exact figures?
No. The publicly available data shows a price range. To obtain the exact historical sold price, you must request a manual lookup from the site via email, as they do not display MLS records.
5. The home is listed in an "Industrial" neighbourhood—what does that mean for living here?
North Inkster Industrial is a residential neighbourhood within a larger area designated for mixed use. The immediate context appears to be residential, as evidenced by the surrounding similar homes on Cheema Drive, but buyers may wish to research the broader area’s zoning and future development plans.
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