78.6

Good

Overall 78.6

Smaller but newer than most nearby homes

1,472 sqft (bottom 25%)

Built in 2022 (4 yrs newer than avg)

Located in a high-income area

with median household income of ~121k

Transit 60.0

12-min walk to transit with 3 nearby routes

Within 500m: 1 park nearby

Living Area

Below average

10% 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

78.6 is composed by the two sections below.

Property Score

73.5Good
Living Area1,472 sqft75Good
Year Built2022100Excellent
Lot Size2,944 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

around average
1,472 sqft
0255075100
Same streetTop 40%Same areaBottom 25%CitywideTop 32%
Same street · Sawka Bay
#21 / 52
Top 40% · Avg 1,410 sqft
Same area · North Inkster Industrial
#472 / 629
Bottom 25% · Avg 1,635 sqft
Citywide · Winnipeg
#62,465 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
400k
0255075100
Same streetBottom 25%Same areaBottom 23%CitywideTop 38%
Same street · Sawka Bay
#39 / 52
Bottom 25% · Avg 415.1k
Same area · North Inkster Industrial
#483 / 629
Bottom 23% · Avg 484.4k
Citywide · Winnipeg
#74,505 / 194,458
Top 38% · Avg 390.1k

Year Built

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

Lot Size

around average
2,944 sqft
0255075100
Same streetBottom 40%Same areaBottom 31%CitywideBottom 9%

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

94 Sawka Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 401 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 6/2022CA$450k–500k
Sold price

Same street

Top 11%

Same area

Top 34%

City-wide

Top 22%

Related homes

Highlights & common questions: 94 Sawka Bay, Winnipeg

Property Overview: 94 Sawka Bay, Winnipeg

Key Characteristics & Appeal

This is a modern, low-maintenance home built in 2022, offering a move-in-ready opportunity in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction, which means modern building standards, contemporary finishes, and minimal immediate repair concerns. With 1,472 sqft of living space, it provides comfortable room for a small family, couple, or individual.

The property presents a nuanced value proposition. Its assessed value of $400k sits below the average for both its immediate street and the broader North Inkster Industrial area, which could indicate a relative value opportunity for a newer build. However, the lot size is compact, especially when viewed against the city-wide average—a trade-off for the modern home and its easier upkeep. This home would suit a first-time buyer or downsizer seeking a newer property without the premium often attached to such homes in older, established neighbourhoods. It’s also a practical fit for someone who values interior space and modern systems over a large yard.

Frequently Asked Questions

1. Is this a good value for a home built in 2022?
The data suggests it might be. While the home is very new, its assessed value is below the local area average. This could mean it’s priced accessibly for its age and condition, though factors like the specific finish level or the compact lot may contribute to this.

2. What does the "Industrial" in the area name mean for living here?
North Inkster Industrial is a mixed-use area. While residential streets like Sawka Bay exist, buyers should be aware of potential nearby light industrial or commercial activity. This can sometimes mean more truck traffic or different neighbourhood rhythms compared to purely residential districts.

3. How does the lot size impact daily living?
At just under 3,000 sqft, the yard is manageable with minimal maintenance, which is a plus for those not wanting extensive gardening. The trade-off is limited private outdoor space for recreation, gardening, or future expansions like a large deck or addition.

4. The sold price history shows a range of $450k-$500k in 2022. Why is the assessed value now $400k?
Assessed value, set by the municipal government for tax purposes, often differs from market value. The 2022 sale likely represented the peak market price at the time. The current assessed value may reflect broader market adjustments or the municipality's valuation model, which doesn't always mirror real-time sale prices.

5. Who would this property not be ideal for?
It may not suit buyers who prioritize a large, private yard, absolute quiet often found in mature suburban neighbourhoods, or those seeking a home with established trees and landscaping. The compact lot and industrial-adjacent location are key considerations.

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