380 Parr Street

Inkster-Faraday, Winnipeg

Property score

67.9

Good

Overall 67.9 · Larger and newer than most nearby homes

1,782 sqft (top 2%) · Built in 1960 (30 yrs newer than avg)

Located in a above-average income area with median household income of ~74k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Above average

74% larger than neighborhood avg.

Year Built

Above average

30 yrs newer than neighborhood avg.

Mother tongue

English · 56%Tagalog · 28%

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

67.9 is composed by the two sections below.

Property Score

66.5Good
Living Area1,782 sqft86Excellent
Year Built196043Low
Lot Size2,976 sqft28Low
Neighbourhood Sales Activity42Low

Community Score

70.0Good
Household Income74Good
Education Level54Fair
Housing Stress83Excellent
Core Housing Need63Fair
Employment Health76Good

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: #46110921

Community deep dive

$74K

Median household income

$84K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

28%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)661
Labour force participation rate70%
Median age37.6
Avg household size2.9
Unemployment rate7%
Population density6009 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households28%
Couple families with children34%
Median household income (2020)$74K

Housing

Renter households26%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)43%
Visible minority54%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Tagalog · 28%

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

Rankings

Living Area

Elite
1,782 sqft
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 18%
Same street · Parr Street
#2 / 104
Top 2% · Avg 991 sqft
Same area · Inkster-Faraday
#30 / 1,442
Top 2% · Avg 1,025 sqft
Citywide · Winnipeg
#34,735 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

Elite
340k
0255075100
Same streetTop 2%Same areaTop 1%CitywideBottom 43%
Same street · Parr Street
#2 / 104
Top 2% · Avg 195.7k
Same area · Inkster-Faraday
#21 / 1,442
Top 1% · Avg 197.6k
Citywide · Winnipeg
#111,544 / 194,458
Bottom 43% · Avg 390.1k

Year Built

Elite
1960
0255075100
Same streetTop 5%Same areaTop 4%CitywideBottom 42%

Lot Size

below average
2,976 sqft
0255075100
Same streetBottom 18%Same areaBottom 26%CitywideBottom 10%

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

380 Parr Street — 13 amenities found within 500 m, across 8 categories, including 1 dining (nearest 189 m), 2 education (nearest 129 m), 2 healthcare (nearest 318 m).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare2
🛒Shopping2
🌳Parks1
🏦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 6/2016CA$300k–350k
Sold price

Same street

Top 5%

Same area

Top 3%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 380 Parr Street, Winnipeg

Property Overview

380 Parr Street is a two-storey home in Winnipeg's Inkster-Faraday neighbourhood. Built in 1960, it features 1,782 sqft of living space, a renovated basement, and a detached garage. The property sits on a 2,976 sqft lot.

Key Characteristics & Appeal

The primary appeal of this home lies in its above-average size and significant value within its immediate area. With a living area that ranks in the top 2% for its street and neighbourhood, it offers substantially more interior space than most comparable local homes. Its assessed value of $340k also places it in the elite tier for the area, suggesting a property that stands out in terms of perceived worth or upgrades. However, this is balanced by a smaller-than-average lot size for the city.

This combination makes it particularly suitable for buyers who prioritize spacious interior living over a large yard, and who see value in owning one of the more substantial homes in a neighbourhood. It would appeal to those looking for a home with a renovated basement ready for use, and who may be less concerned with extensive outdoor space. The data suggests it's a larger, more modern home relative to its older, often smaller neighbours, offering a distinct footprint.

Frequently Asked Questions

1. Why is the assessed value so high compared to nearby homes?
The assessed value of $340k ranks in the top 1% for the Inkster-Faraday area. This is likely due to the home's larger size (1,782 sqft), its renovated basement, and its more recent 1960 build date compared to many neighbouring homes built in the early 1900s.

2. How does the lot size affect the property?
The land area of 2,976 sqft is below the average for the street, neighbourhood, and city. This means the yard space is more limited, which is a trade-off for the larger interior. It points to a property where the value is concentrated in the home itself.

3. What does the sold price history indicate?
Public records show a sale in June 2016 in the range of $29.5k to $32.5k. The dramatic increase to the current $340k assessment highlights significant changes in market value, property condition, or improvements made over the past decade.

4. Is the living space efficiently configured?
With 1,782 sqft spread over two storeys plus a renovated basement, the home offers flexible space. The two-storey design typically separates sleeping areas from living areas, and the finished basement adds functional square footage for recreation, office, or guest space.

5. How does it compare to the nearby reference properties?
Compared to similar-aged homes on the same street like 429 Parr Street (built 1922, 1,144 sqft), this home is notably larger and newer. This positions it as a more modern and spacious option within the historical context of the neighbourhood.

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