87.0
Excellent
Property score
87.0
Excellent
Overall 87.0
Larger and newer than most nearby homes
1,950 sqft (top 15%)
Built in 2023 (5 yrs newer than avg)
Located in a high-income area
with median household income of ~121k
Transit 64.0
7-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
19% 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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87.0 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
80 Cheema Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 131 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 5% | Top 3% | Top 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 80 Cheema Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This property is a modern, above-average sized home in Winnipeg's North Inkster Industrial area. Built in 2023, it offers a move-in-ready condition with the benefits of a recent build, including contemporary standards and minimal immediate maintenance. With 1,950 sqft of living space, it sits comfortably above the average for its street, neighborhood, and the city overall, providing ample room for a growing household or those who value spaciousness.
Its primary appeal lies in its combination of new construction and strong value metrics. The assessed value of $588K ranks within the top 9% citywide, suggesting a premium property relative to the broader market. Interestingly, while the lot size is generous for its immediate street, it is more standard for the wider area, indicating the value is driven more by the home's size, newness, and finishes than by an exceptionally large yard. This home would suit buyers looking for a modern, low-maintenance property without the wait or uncertainties of a new build, and who appreciate a home that already shows strong assessed value performance compared to its peers. It’s a practical choice for professionals or families seeking space and modernity in a developing area.
Section 2: Frequently Asked Questions
1. How does the sold price from 2023 relate to the current assessed value?
The home sold for an estimated $650K-$700K in late 2023. The current assessed value of $588K is a municipal assessment for tax purposes and is typically below market value; it should not be interpreted as a direct current market price.
2. What does the "North Inkster Industrial" neighborhood imply?
This designation indicates the area's zoning and character. Buyers should be aware that the setting may include a mix of residential and light industrial or commercial properties, which can influence streetscape, traffic patterns, and future development.
3. Is the lot size a pro or a con?
It depends on priorities. The 4,242 sqft lot is larger than most on Cheema Drive, offering good private outdoor space. However, it is slightly below the neighborhood average and significantly smaller than the citywide average, which is often skewed by older, sprawling lots. It's a balanced lot for a newer subdivision.
4. How significant is the "Elite" ranking for the year built?
Being in the top 1% citywide for new construction is a major advantage. It means significantly lower risk of major near-term repairs (like roof or furnace replacement) and likely higher energy efficiency compared to Winnipeg's predominantly older housing stock, where the average home was built in 1966.
5. Where can I get verified historical data on this property?
The site notes that exact sold price records are not displayed publicly due to industry rules. They offer a manual lookup service via email to provide verified transaction history and exact figures upon request.
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