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 2022 (4 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
4 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
68 Cheema Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 129 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 14% | Top 9% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 68 Cheema Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, well-sized single-family home built in 2022, offering the appeal of a near-new property with minimal initial maintenance. Its key strength is its above-average scale and value relative to the wider Winnipeg market. With 1,891 sqft of living space, it provides more room than approximately 86% of city homes. The assessed value of $561,000 is notably higher than the city average, yet the home’s modern build and generous living area justify this positioning.
The appeal lies in securing a contemporary home in the North Inkster Industrial area, a neighborhood featuring many newer constructions. For its immediate street, the property is fairly typical in size and value, suggesting a consistent, modern streetscape. A thoughtful perspective is that while the lot size is smaller than the Winnipeg average, this often translates to less yard upkeep—a potential benefit for buyers seeking a low-maintenance lifestyle without sacrificing interior space.
This property would best suit buyers looking for a turn-key, modern home who prioritize interior square footage over a large yard. It’s ideal for professionals or small families wanting a newer build in a developing area, and who appreciate a home that stands out in terms of space and age compared to the majority of the city’s older housing stock.
Section 2: Frequently Asked Questions
1. How does this home compare to others in the area?
Within the North Inkster Industrial area, this home is above average in living space, assessed value, and is newer than most. On its specific street (Cheema Drive), it is very typical in terms of lot size, value, and living area, but is actually one of the older homes on a street dominated by very recent construction.
2. What does the sold price history indicate?
Records show it sold in October 2022 for between $600,000 and $650,000. This past sale price placed it in the top 9% for the area and top 7% city-wide at that time, indicating strong market performance when it was last purchased.
3. Is the lot size a limitation?
The lot of 3,796 sqft is smaller than the Winnipeg average. However, it is consistent with newer subdivisions and means less exterior maintenance. For buyers who value a large garden or extensive outdoor space, it may be a consideration; for those who prefer a manageable yard, it is a practical fit.
4. Why is the assessed value higher than the city average?
The assessed value of $561,000 is in the top 11% city-wide, reflecting the home’s recent construction year (2022), its larger-than-average living area, and the general valuation trends in newer neighbourhoods compared to Winnipeg’s older housing base.
5. How can I verify the exact historical sold price?
The provided sold price is an estimate from public data. To obtain the exact, verified sale figure, you must request a manual lookup from the site via email. They do not have access to MLS sales records but will provide the official data directly.
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