62 Squire Place

North Inkster Industrial, Winnipeg

78.3

Good

Overall 78.3

Smaller and older than most nearby homes

1,492 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

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)

Sold Count

469

Median price

475.8k

$/sqft

$297/sqft

Avg build year

2018

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Property score

78.3 is composed by the two sections below.

Property Score

72.9Good
Living Area1,492 sqft75Good
Year Built201697Excellent
Lot Size2,754 sqft28Low
Neighbourhood Sales Activity86Excellent

Community Score

86.3Excellent
Household Income91Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need100Excellent
Employment Health90Excellent

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
1,492 sqft
0255075100
Same streetBottom 46%Same areaBottom 30%CitywideTop 31%
Same street · Squire Place
#21 / 39
Bottom 46% · Avg 1,537 sqft
Same area · North Inkster Industrial
#440 / 629
Bottom 30% · Avg 1,635 sqft
Citywide · Winnipeg
#60,173 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

around average
382k
0255075100
Same streetBottom 38%Same areaBottom 11%CitywideTop 43%
Same street · Squire Place
#24 / 39
Bottom 38% · Avg 410.1k
Same area · North Inkster Industrial
#560 / 629
Bottom 11% · Avg 484.4k
Citywide · Winnipeg
#84,213 / 194,458
Top 43% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetTop 18%Same areaBottom 27%CitywideTop 6%

Lot Size

above average
2,754 sqft
0255075100
Same streetTop 18%Same areaBottom 18%CitywideBottom 8%

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

62 Squire Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 168 m).

Search radius
🌳Parks2

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 2/2016CA$250k–300k
Sold price

Same street

Bottom 15%

Same area

Bottom 3%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 62 Squire Place, Winnipeg

Property Overview

62 Squire Place is a well-maintained, modern home built in 2016, offering a practical and efficient living space in Winnipeg's North Inkster Industrial area. With 1,492 square feet of living area and an assessed value of $382,000, it presents a balanced option in the market. The home sits on a 2,754 sqft lot, which is compact compared to many city lots but is typical for its immediate neighbourhood.

The appeal of this property lies in its modern construction, which suggests newer building systems and potentially lower maintenance costs in the near term. Its value is notably competitive within its specific area, ranking below the average assessed value for North Inkster Industrial. This creates an opportunity for buyers seeking a newer home without the premium price tag often associated with recently built properties. It would suit first-time buyers, small families, or investors looking for a modern, turn-key property that offers sensible square footage and a manageable lot size. The data suggests it’s a home that prioritizes interior space over expansive outdoor land, appealing to those with a low-maintenance lifestyle.


Frequently Asked Questions

1. How does the property's value compare to nearby homes?
The home’s assessed value of $382k is below the average for the broader North Inkster Industrial area, where comparable homes average about $484k. However, it is very close to the city-wide average, indicating it is priced appropriately in a broader Winnipeg context.

2. Is the lot size a concern?
The lot is 2,754 sqft, which is smaller than most lots in Winnipeg. This means less yard maintenance but also less private outdoor space. It’s consistent with newer developments in the area and is actually above average for Squire Place itself.

3. What are the implications of the home being built in 2016?
A 2016 build is a significant advantage. It places the home among the newer 6% of properties city-wide, suggesting modern building codes, efficient windows, and relatively young major systems (like roof, furnace, and appliances), which can mean fewer immediate repair costs.

4. How does the living space compare to other homes?
At 1,492 sqft, the living area is slightly below the average for both its street and immediate area, but is above the city-wide average. This indicates the home offers a comfortable amount of space that is efficient and likely well-utilized in its modern layout.

5. What can the 2016 sale price tell us?
The home sold for between $250,000 and $300,000 in early 2016. The increase to its current assessed value reflects market appreciation over the past decade. This history shows it has grown in value, which is a positive trend for a potential buyer.

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