North Inkster Industrial, Winnipeg
Property score
75.4
Good
Overall 75.4 · Smaller but newer than most nearby homes
1,282 sqft (bottom 12%) · Built in 2023 (5 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
22% 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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75.4 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
62 Sawka Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 368 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 43% | Bottom 46% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
62 Sawka Bay is a modern, low-maintenance home in Winnipeg's North Inkster Industrial area. Built in 2023, it offers a turn-key solution in a neighbourhood with a mix of residential and light industrial character. The home's primary appeal lies in its new construction, which means modern building standards, minimal immediate repairs, and contemporary finishes. With 1,282 sqft of living space and an assessed value of $400k, it sits in a competitive price bracket for a newer build.
This property would suit first-time homebuyers seeking a modern home without a premium price tag, or investors looking for a newer asset with lower initial maintenance costs. Its smaller lot size (2,894 sqft) translates to less yard work, appealing to those with busy lifestyles. A thoughtful perspective is that while the lot is smaller than many in the city, this contributes to the home's affordability and aligns with a more efficient use of space. It’s a practical choice for someone who values a new interior over a large outdoor area. The data shows it sold between $400k-$450k in mid-2024, positioning it as a recently transacted benchmark in its category.
1. Is this a true "industrial" area?
The neighbourhood is named North Inkster Industrial, but it contains residential streets like Sawka Bay. The area is mixed-use, so while light industrial or commercial properties may be nearby, this is a residential home.
2. What does the "Elite" ranking for Year Built mean?
This indicates the home is newer than almost all compared properties. On its street, it's the newest of 52 homes (Top 2%). This suggests lower risk of major system failures (like roof or furnace) for the foreseeable future.
3. The living area is below average for the immediate area. Is the house small?
At 1,282 sqft, it is smaller than the North Inkster Industrial average (~1,635 sqft). However, it is very close to the city-wide average (~1,342 sqft). It's a compact, efficient layout typical of newer builds, not necessarily a small home by general standards.
4. How does the assessed value relate to the sold price?
The property was assessed at $400k and sold for between $400k and $450k in June 2024. This indicates the assessment was aligned with or slightly below the market value at that time, which is common.
5. What are the potential drawbacks of a very new home in this location?
While the building itself is new, the surrounding neighbourhood is established with older properties. The long-term development trajectory and future character of the area are less certain than in a mature, purely residential suburb. Buyers should consider if the mixed-use setting fits their long-term comfort.
