78.3
Good
Property score
78.3
Good
Overall 78.3
Smaller and older than most nearby homes
1,494 sqft (bottom 30%)
Built in 2016 (2 yrs older than avg)
Located in a high-income area
with median household income of ~121k
Transit 70.0
8-min walk to transit with 3 nearby routes
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
9% smaller than neighborhood avg.
Year Built
Below average
2 yrs older 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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78.3 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
54 Squire Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 158 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 15% | Top 33% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 54 Squire Place, Winnipeg
Key Characteristics & Appeal
This home at 54 Squire Place is a modern, efficiently sized property built in 2016. With 1,494 square feet of living space, it offers a comfortable layout that is very close to the average size for its immediate street and the broader North Inkster Industrial area. Its primary appeal lies in its contemporary build, which means buyers can expect newer construction standards, modern systems, and less immediate maintenance compared to much of Winnipeg's older housing stock.
A standout characteristic is its assessed value of $369k, which is notably below the average for both its street and neighborhood. This presents a potential value opportunity, especially when paired with the home's relatively recent build year. The lot size of 2,754 sqft is compact, which translates to less yard upkeep—a plus for those seeking a low-maintenance lifestyle.
This property would suit first-time buyers or practical downsizers looking for a modern home without a premium price tag. It’s ideal for someone who prioritizes the condition and age of the home over having a large yard or top-tier neighborhood ranking. The data suggests it’s a competitively priced, newer home in a setting where property values are generally higher, making it a pragmatic choice for cost-conscious buyers who still want a recent build.
Frequently Asked Questions
1. Is this home a good value compared to others nearby?
The assessed value is significantly lower than the averages for both Squire Place and the North Inkster Industrial area, while the home is newer than most on the street. This discrepancy could indicate a value opportunity, but it's essential to understand the specific reasons through a viewing and potential inspection.
2. What does the "below average" ranking for assessed value mean?
It means this home's official city assessment is lower than most homes in its direct comparison groups. This can be positive for property taxes but may also reflect factors like lot size, specific finishes, or previous sale history. It doesn't necessarily reflect the current market price.
3. The lot seems smaller than average. Is that a concern?
The lot is smaller than many in the city and area, which is typical for newer subdivisions. This is a advantage for buyers wanting minimal yard maintenance. However, it may limit expansion possibilities like large additions or pools.
4. The home sold in 2022. What can the past sale price tell me?
The past sale price (shown in a range) provides a benchmark for how the market valued it a few years ago. Given the assessed value is now $369k, reviewing the exact 2022 sale price (available by request) can help gauge appreciation or market shifts.
5. How does the building age compare to the rest of Winnipeg?
Built in 2016, this home is newer than approximately 94% of all homes in Winnipeg, which have a median build year of 1966. This is a significant advantage, suggesting more modern building materials, layout, and infrastructure.
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