38 Sawka Bay

North Inkster Industrial, Winnipeg

Property score

80.2

Excellent

Overall 80.2 · Smaller but newer than most nearby homes

1,472 sqft (bottom 25%) · Built in 2022 (4 yrs newer than avg)

Located in a high-income area with median household income of ~121k

Transit 60.0 · 11-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Below average

10% smaller 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)

Sold Count

469

Median price

475.8k

$/sqft

$297/sqft

Avg build year

2018

Need help understanding this property?

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

Property score

80.2 is composed by the two sections below.

Property Score

76.2Good
Living Area75
1,472 sqftGood
Year Built100
2022Excellent
Lot Size46
3,861 sqftLow
Neighbourhood Sales Activity86
Excellent

Community Score

86.3Excellent
Household Income91
Excellent
Education Level72
Good
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health90
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111118

Community deep dive

$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

Population, labour & age

Population (2021)3,661
Labour force participation rate78%
Median age31.6
Avg household size4.0
Unemployment rate6%
Population density479 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households5%
Couple families with children50%
Median household income (2020)$121K

Housing

Renter households9%
Condominium dwellings3%
Median dwelling value (owners)$440K

Diversity, education & language

Immigrants (share of pop.)51%
Visible minority86%
Bachelor's or higher (25–64)36%
Mother tongue (1st)Punjabi · 33%
Mother tongue (2nd)English · 32%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,472 sqft
0255075100
Same streetTop 40%Same areaBottom 25%CitywideTop 32%
Same street · Sawka Bay
#21 / 52
Top 40% · Avg 1,410 sqft
Same area · North Inkster Industrial
#472 / 629
Bottom 25% · Avg 1,635 sqft
Citywide · Winnipeg
#62,465 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
414k
0255075100
Same streetTop 42%Same areaBottom 35%CitywideTop 35%
Same street · Sawka Bay
#22 / 52
Top 42% · Avg 415.1k
Same area · North Inkster Industrial
#411 / 629
Bottom 35% · Avg 484.4k
Citywide · Winnipeg
#68,207 / 194,458
Top 35% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 10%Same areaTop 21%CitywideTop 1%

Lot Size

above average
3,861 sqft
0255075100
Same streetTop 19%Same areaBottom 48%CitywideBottom 24%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

38 Sawka Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 321 m).

Search radius
🌳Parks1

Crime & Safety

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%

Sales History

Sold 5/2022CA$450k–500k
Sold price

Same street

Top 9%

Same area

Top 33%

City-wide

Top 22%

Related homes

Highlights & common questions: 38 Sawka Bay, Winnipeg

Property Overview

38 Sawka Bay is a modern, four-year-old home in Winnipeg's North Inkster Industrial neighbourhood. With 1,472 sqft of living space on a 3,861 sqft lot, it presents a balanced offering for those seeking a newer build without the premium of a brand-new property. Its assessed value of $414k aligns closely with the average for its immediate street, suggesting a fairly priced entry point into a contemporary home.

Key Characteristics & Appeal

The primary appeal of this property lies in its modern age and efficient footprint. Built in 2022, it is newer than 99% of homes citywide, meaning buyers can expect modern building standards, energy efficiency, and minimal immediate maintenance. The home offers a functional living area that is slightly above average for its own street, providing comfortable space without the upkeep of a larger property.

Its value is nuanced. While the lot size is below the Winnipeg average, it is actually above average for Sawka Bay itself, indicating a more compact, low-maintenance yard that suits today's lifestyles. The home sits in an interesting position: its value is modest compared to the broader North Inkster Industrial area average, potentially offering relative value within a newer housing stock.

This property would suit first-time buyers or downsizers looking for a turn-key, modern home who prioritize interior condition and efficiency over a large yard. It’s also a practical choice for investors or buyers attracted to the potential for lower repair costs in the critical first decade of ownership.


Frequently Asked Questions

1. How does this home’s value compare to its last sale?
The home sold in May 2022 for an estimated $450k-$500k. Its current $414k assessment suggests a value adjustment, which is important to discuss with a real estate professional in the context of current market conditions.

2. Is the lot size a disadvantage?
While the lot is smaller than the city average, it is actually 17% larger than the average lot on Sawka Bay. This points to a neighbourhood character of efficient land use, resulting in less yard maintenance.

3. What does "North Inkster Industrial" mean for livability?
The name denotes the planning area. Prospective buyers should visit to understand the actual streetscape, which appears to be a typical residential subdivision, and research any nearby industrial influences to ensure it aligns with their lifestyle.

4. Why is the living area below the neighbourhood average?
The North Inkster Industrial area average includes a wide variety of homes. This property is newer than most in the area (top 21%), and newer builds sometimes utilize more efficient, open floor plans that feel spacious despite a moderate square footage.

5. How reliable are the sold price figures provided?
The sold price data is from public sources, not the MLS, and is presented as a range. For fully verified and exact historical transaction figures, you must request a manual lookup via the provided email service.