85.3
Excellent
Property score
85.3
Excellent
Overall 85.3
Larger and newer than most nearby homes
1,891 sqft (top 21%)
Built in 2023 (5 yrs newer than avg)
Located in a high-income area
with median household income of ~121k
Transit 64.0
8-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
16% larger 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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85.3 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
64 Cheema Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 130 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 32% | Top 14% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 64 Cheema Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, above-average sized home in Winnipeg's North Inkster Industrial area. Built in 2023, it offers nearly 1,900 sqft of living space, which places it comfortably above the citywide average. With an assessed value of $577,000, it sits in the top 10% of Winnipeg homes by valuation, indicating a premium property within its market.
The primary appeal lies in its combination of new construction and spacious interior. As a near-new build, buyers can expect modern building standards, energy efficiency, and minimal immediate maintenance. Its living area is notably larger than most Winnipeg homes, providing ample room for families or those who value space. The lot size, while smaller than the city average, is typical for newer developments and requires less upkeep.
This property would best suit buyers looking for a modern, move-in-ready home who prioritize interior space over a large yard. It’s ideal for professionals or families wanting a contemporary layout without the concerns of an older home. The above-average assessment also suggests it may appeal to those viewing the purchase as a long-term investment in a solid asset, likely with higher-quality finishes and construction.
Section 2: Frequently Asked Questions
1. How does this home compare to others in the immediate area?
On Cheema Drive itself, this home is very modern (top 13% by year built) and is above average in both size and assessed value compared to its direct neighbours. It is a standout property in the broader North Inkster Industrial area, ranking in the top 4% for its newness.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $577k is a strong benchmark for municipal taxation, but market conditions ultimately determine sale price. Notably, this home's assessed value is significantly higher than the Winnipeg average ($390k), reflecting its premium attributes. Historical data shows it last sold between $550k-$600k in early 2023.
3. What are the trade-offs with a newer home like this?
The major trade-off is lot size. While the interior is spacious, the land area is smaller than the Winnipeg average. This means less outdoor private space but also lower yard maintenance. The premium for new construction and modern efficiency is reflected in the higher valuation.
4. How does the "North Inkster Industrial" neighbourhood impact living here?
The name denotes the planning area. Buyers should research the specific street and nearby amenities to understand the living environment, as it will mix residential with potential light industrial or commercial uses. The high property values on the street suggest a well-regarded residential pocket within this district.
5. Where can I get verified historical price data for this property?
The site's sold price data is based on public records, not the MLS. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site administrators via email, as industry rules prevent the direct display of MLS records here.
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