87.1
Excellent
Property score
87.1
Excellent
Overall 87.1
Larger and newer than most nearby homes
2,065 sqft (top 10%)
Built in 2023 (5 yrs newer than avg)
Located in a high-income area
with median household income of ~121k
Transit 76.0
7-min walk to transit with 4 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
26% 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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87.1 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
85 Cheema Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 186 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%
Local garbage, recycling, and yard waste pickup schedule for 85 Cheema Drive.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 27% | 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: 85 Cheema Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, above-average property in Winnipeg's North Inkster Industrial area. Built in 2023, it offers 2,065 sqft of living space, which places it in the top 5-10% for size compared to both its immediate street and the wider city. With an assessed value of $622,000, it sits comfortably in the top 7% city-wide, indicating a premium valuation for its category.
The primary appeal lies in its combination of new construction, generous interior space, and strong market positioning. It’s a turn-key home that avoids the maintenance concerns of older properties. A thoughtful perspective is that while the lot size is average for the neighbourhood, it is notably smaller than the typical Winnipeg lot. This suggests a focus on low-maintenance outdoor space and efficient land use, which may appeal to those seeking a newer home without the yard work of a larger, older property.
This home would best suit buyers looking for a modern, move-in-ready property who prioritize interior square footage over a large yard. It’s ideal for professionals or small families seeking a contemporary layout in a developing area, and for investors or owners who value the long-term advantages of newer building standards and systems.
Frequently Asked Questions
1. How does the lot size compare?
The land area of 3,959 sqft is fairly typical for Cheema Drive and the North Inkster Industrial area. However, it is below the city-wide average, reflecting the denser lot subdivision common in newer developments.
2. What does the "Elite" or "Top X%" ranking mean?
These rankings show how this property compares to similar homes in three geographic circles: its street, its neighbourhood (North Inkster Industrial), and all of Winnipeg. For example, its living area is in the top 5% on its street, meaning it is larger than 95% of comparable homes on Cheema Drive.
3. The assessed value is $622k, but it sold for between $550k-$600k in 2023. Why the difference?
Assessed value is for municipal tax purposes and is an estimate of value as of a specific date. The sold price is the actual market price from August 2023. Market conditions, specific buyer demand, and the timing of the sale can cause differences between these figures.
4. Is this in an industrial zone?
The neighbourhood is named "North Inkster Industrial," but the property listings on Cheema Drive are residential homes. It is a residential area within a broader district that includes industrial uses.
5. How can I get the exact historical sold price?
The site provides sold price ranges publicly. To obtain the exact figure, you must request it via email from the site administrators, as they manually look up and provide this data due to industry regulations.
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