315 Parr Street

Inkster-Faraday, Winnipeg

Property score

45.1

Below average

Overall 45.1 · Compared with neighbourhood average

916 sqft (bottom 42%) · Built in 1928 (2 yrs older than avg)

Located in a above-average income area with median household income of ~62.8k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 3 schools, 2 healthcare facilitys, and 3 shops nearby

Living Area

Near average

11% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 55%Tagalog · 26%

Past 10 years Inkster-Faraday sales snapshot (~80% of all data)

Sold Count

538

Median price

247.5k

$/sqft

$193/sqft

Avg build year

1930

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Property score

45.1 is composed by the two sections below.

Property Score

37.0Low
Living Area916 sqft42Low
Year Built192820Low
Lot Size3,151 sqft38Low
Neighbourhood Sales Activity42Low

Community Score

57.2Fair
Household Income66Good
Education Level22Low
Housing Stress83Excellent
Core Housing Need63Fair
Employment Health52Fair

Neighbourhood Sales

Inkster-Faraday

How to read: Share of sales in each ~$50k price band for “inkster-faraday” (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: #46110922

Community deep dive

$63K

Median household income

$79K

Average household income

17%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

27%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)603
Labour force participation rate63%
Median age36.0
Avg household size2.8
Unemployment rate14%
Population density8614 / km²

Households & income

Low income (LIM-AT, % pop.)17%
Single-person households27%
Couple families with children25%
Median household income (2020)$63K

Housing

Renter households43%
Condominium dwellings0%
Median dwelling value (owners)$190K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority56%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 54%
Mother tongue (2nd)Tagalog · 26%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
916 sqft
0255075100
Same streetBottom 43%Same areaBottom 42%CitywideBottom 18%
Same street · Parr Street
#59 / 104
Bottom 43% · Avg 991 sqft
Same area · Inkster-Faraday
#837 / 1,442
Bottom 42% · Avg 1,025 sqft
Citywide · Winnipeg
#159,587 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
185k
0255075100
Same streetBottom 39%Same areaBottom 42%CitywideBottom 6%
Same street · Parr Street
#63 / 104
Bottom 39% · Avg 195.7k
Same area · Inkster-Faraday
#836 / 1,442
Bottom 42% · Avg 197.6k
Citywide · Winnipeg
#182,116 / 194,458
Bottom 6% · Avg 390.1k

Year Built

around average
1928
0255075100
Same streetTop 49%Same areaTop 47%CitywideBottom 17%

Lot Size

above average
3,151 sqft
0255075100
Same streetTop 23%Same areaBottom 44%CitywideBottom 14%

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

315 Parr Street — 17 amenities found within 500 m, across 8 categories, including 2 dining (nearest 365 m), 3 education (nearest 211 m), 2 healthcare (nearest 230 m).

Search radius
🍽️Dining2
🏫Education3
🏥Healthcare2
🛒Shopping3
🌳Parks2
🏦Finance1
Worship3
🏛️Government1

Crime & Safety

Inkster-Faraday · WPS public data · 2026

Annual incidents

61

2026

vs. city avg

+107%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

80%

Sales History

Sold 7/2016CA$150k–200k
Sold price

Same street

Bottom 37%

Same area

Bottom 32%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 315 Parr Street, Winnipeg

Property Summary: 315 Parr Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1928, is a practical entry-point into Winnipeg’s Inkster-Faraday neighbourhood. Its key appeal lies in its solid, no-frills foundation and relative value within its immediate area. With 916 sqft of living space and a renovated basement, it offers functional space for a small household. The property stands out for its lot size, which is above average for Parr Street, presenting a valuable parcel of land (3,151 sqft) that could appeal to those with future outdoor or expansion plans.

The home’s assessed value and living area are consistently around the average for its street and neighbourhood, indicating it’s a typical, fairly priced example of the local housing stock. It would suit first-time buyers, investors, or downsizers seeking an affordable, low-maintenance home without the premium of a modern build or extensive amenities. Its character is one of modest reliability rather than luxury, offering a grounded opportunity in a well-established community.

Section 2: Frequently Asked Questions

1. How does this home’s value compare city-wide?
While its value is typical for its neighbourhood, it ranks in the top 94% city-wide for having a lower assessed value. This highlights its affordability within the broader Winnipeg market, but also suggests it is a more modest property compared to the city average.

2. What does the “renovated basement” entail?
The listing confirms the basement is renovated but does not specify the scope or quality. Buyers should inquire about the finish, ceiling height, permits, and whether it includes a separate entrance or rental potential.

3. Is there potential for future expansion or adding a garage?
The lot size is notably larger than many on the same street, which could provide flexibility for additions, a garage, or landscaping projects, subject to local zoning bylaws and permits.

4. What are the typical maintenance considerations for a home of this age?
Built in 1928, prospective buyers should budget for and investigate age-related systems, including the roof, wiring, plumbing, and foundation, even with a renovated basement.

5. How stable have property values been on this street?
Based on the provided data, a comparable home on Parr Street sold in the $14.5k–$17.5k range in 2016. The current assessed value of $18.5k suggests modest appreciation, but for precise sold price history, you must request the exact records from the site.

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