Property score
36.1
Below average
Overall 36.1 · Smaller and older than most nearby homes
700 sqft (bottom 13%) · Built in 1911 (19 yrs older than avg)
Located in a above-average income area with median household income of ~65k
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
Below average
32% smaller than neighborhood avg.
Year Built
Below average
19 yrs older than neighborhood avg.
Mother tongue
English · 65%Tagalog · 24%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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36.1 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110920
$65K
Median household income
$67K
Average household income
23%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
21%
Single-person households
30%
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
385 Parr Street — 13 amenities found within 500 m, across 8 categories, including 1 dining (nearest 229 m), 2 education (nearest 92 m), 2 healthcare (nearest 357 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 27% | Bottom 24% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 385 Parr Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1911, offering a straightforward entry point into the Winnipeg market. With 700 sqft of living space and an unrenovated basement, it presents a classic "blank canvas" scenario. The assessed value is notably low, reflecting its modest size and condition, but also indicating a potentially very affordable property tax burden. Its appeal lies in its simplicity and opportunity: it’s a home for a hands-on buyer, an investor looking for a rental property with low carrying costs, or someone seeking minimal square footage and expenses. The lot, while smaller than area averages, provides outdoor space typical of older neighbourhoods.
A less obvious perspective is its position within a streetscape of very similar homes, offering neighbourhood consistency. The data shows it is consistently below average in size and value for its street, area, and city—this isn't a standout property in terms of specs, but rather a pragmatic choice for specific goals. It would suit a first-time buyer comfortable with a project, an investor focused on cash flow over luxury, or someone looking to downsize their physical and financial footprint significantly.
Frequently Asked Questions
1. What does "below average" in the rankings actually mean for a buyer?
It means this home is smaller, older, and has a lower assessed value than most comparable properties in each category. This translates to a likely lower purchase price and annual taxes, but also indicates it may require updates.
2. The assessed value seems extremely low compared to the city-wide average. Why?
The city-wide average includes all property types and sizes. This home's assessment reflects its specific characteristics: very small square footage, age, and an unrenovated state. It is assessed for tax purposes, not market value, but often correlates.
3. What is the potential here for renovation or expansion?
The existing footprint is small, and the basement is noted as unrenovated. There may be potential to develop the basement for additional living space (subject to permits and codes) or to update the main floor. The lot size may limit significant horizontal expansion.
4. How reliable are the sold price ranges shown?
The ranges are based on public data. The listing notes that exact sold prices are available upon request via email, as they are verified manually and not always fully disclosed in public records.
5. The home is over 110 years old. What should I be most concerned about?
While charm is a factor, key considerations for a home of this age include the condition of the foundation, plumbing and electrical systems (which may be original or outdated), insulation, and the roof. A thorough inspection is essential.
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