80.1

Excellent

Overall 80.1

Newer than most nearby homes

1,537 sqft (bottom 45%)

Built in 2022 (4 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

Near average

6% smaller 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)

Sold Count

469

Median price

475.8k

$/sqft

$297/sqft

Avg build year

2018

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Property score

80.1 is composed by the two sections below.

Property Score

75.9Good
Living Area1,537 sqft79Good
Year Built2022100Excellent
Lot Size2,501 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

above average
1,537 sqft
0255075100
Same streetTop 17%Same areaBottom 45%CitywideTop 28%
Same street · Sawka Bay
#9 / 52
Top 17% · Avg 1,410 sqft
Same area · North Inkster Industrial
#344 / 629
Bottom 45% · Avg 1,635 sqft
Citywide · Winnipeg
#55,099 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
405k
0255075100
Same streetTop 50%Same areaBottom 27%CitywideTop 37%
Same street · Sawka Bay
#26 / 52
Top 50% · Avg 415.1k
Same area · North Inkster Industrial
#458 / 629
Bottom 27% · Avg 484.4k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 10%Same areaTop 21%CitywideTop 1%

Lot Size

below average
2,501 sqft
0255075100
Same streetBottom 19%Same areaBottom 4%CitywideBottom 5%

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

73 Sawka Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 332 m).

Search radius
🌳Parks1

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 3/2025CA$450k–500k
Sold price

Same street

Top 13%

Same area

Top 35%

City-wide

Top 23%
Sold 4/2022CA$400k–450k
Sold price

Same street

Top 45%

Same area

Bottom 44%

City-wide

Top 32%

Related homes

Highlights & common questions: 73 Sawka Bay, Winnipeg

Property Overview

73 Sawka Bay presents a modern, low-maintenance home in Winnipeg's North Inkster Industrial area. Built in 2022, it offers a turn-key opportunity with the advantages of a newer construction. The home features 1,537 sqft of living space, which is notably efficient and above average for its immediate street and the wider city. Its assessed value of $405,000 positions it as a competitively priced option within the newer home segment. The lot is compact at 2,501 sqft, a trade-off for the modern build in this area. Recent sales data indicates solid market activity, with the property selling in March 2025.

Key Characteristics & Appeal

The primary appeal of this property lies in its modern condition and efficient use of space. As a 2022 build, it ranks in the top 1% of homes city-wide for age, virtually eliminating immediate concerns about major system replacements, roof repairs, or outdated building standards. This offers significant peace of mind and predictable upkeep costs. The living area is well-utilized, offering more interior space than most homes on its street and across Winnipeg, suggesting a smart, modern floor plan.

Its value proposition is nuanced. While its assessed value is below the average for the broader North Inkster Industrial area, it is on par with its street and slightly above the city-wide average. This indicates you are paying a premium for the new construction, but not an extreme one relative to the wider market. The compact lot is a defining characteristic; it means less yard maintenance but also less private outdoor space—a point to weigh based on lifestyle.

This home would ideally suit first-time buyers or downsizers seeking a modern, move-in-ready property without the headaches of older homes. It also appeals to investors or owner-occupants who prioritize interior space and new amenities over a large yard. The data suggests it fits a buyer looking for a balance between new-build benefits and a relatively accessible price point within that category.

Frequently Asked Questions

1. What are the main trade-offs with this newer home?
The most significant trade-off is lot size. The property sits on a compact 2,501 sqft lot, which is below average for the street, area, and especially the city. This means minimal yard space and potentially closer proximity to neighbours. In exchange, you get a modern home with updated building codes, materials, and systems.

2. How does the value compare to the area?
The $405,000 assessment is interesting. It's below the average for the wider North Inkster Industrial area, but on par with homes directly on Sawka Bay and above the Winnipeg city average. This suggests the area may have a mix of older, larger-lot homes pulling the average up, while this property is priced within a cluster of newer, similarly sized homes.

3. What does the sales history indicate?
The property sold recently in March 2025, following a previous sale in April 2022 when it was likely new. This quick resale is common with newer homes and doesn't inherently signal an issue; it could reflect a change in the original owner's circumstances. The sale confirms active market interest in this specific type of modern property.

4. Is the living space practical for a family?
At 1,537 sqft, the living area is efficient. It ranks above average locally and city-wide, indicating the floor plan is likely well-designed to maximize space. It is suitable for a small family, couple, or individual, but may feel constrained for those needing multiple large bedrooms or extensive storage, especially given the smaller lot.

5. How can I verify the exact past sale prices?
The site provides sold price ranges for general research. Due to industry regulations, exact sale figures are not publicly displayed here. You can request the precise transaction history by emailing the site directly through the provided "Request exact figures by email" link. They will manually retrieve and send the information.

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