80.1
Excellent
Property score
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
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)
469
475.8k
$297/sqft
2018
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80.1 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
73 Sawka Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 332 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 13% | Top 35% | Top 23% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 45% | Bottom 44% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
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.
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.
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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