Property score
56.9
Fair
Overall 56.9 · Compared with neighbourhood average
1,104 sqft (top 38%) · Built in 1938 (8 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
Near average
8% larger than neighborhood avg.
Year Built
Near average
8 yrs newer than neighborhood avg.
Mother tongue
English · 56%Tagalog · 28%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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56.9 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: #46110921
$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
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
386 Parr Street — 13 amenities found within 500 m, across 8 categories, including 1 dining (nearest 183 m), 2 education (nearest 116 m), 2 healthcare (nearest 332 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 43% | Bottom 35% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 386 Parr Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home on Parr Street is a practical, no-frills property that represents a straightforward entry into homeownership. Built in 1938, it offers 1,104 sqft of living space with a renovated basement and a detached garage. Its key appeal lies in its position as a statistically average home within the Inkster-Faraday neighbourhood—neither the largest nor the newest on the block, but a solid, comparable option. The lot size of 3,397 sqft is notably above average for Parr Street itself, offering more outdoor space than many immediate neighbours.
The home suits first-time buyers or investors looking for a functional property without premium pricing. Its assessed value is significantly below the Winnipeg citywide average, indicating a lower property tax burden and positioning it as an affordable holding. The appeal is grounded in practicality: it’s a home that meets basic needs, with a renovated basement adding modern utility, in a neighbourhood where it sits comfortably among peers. It’s not a standout, but a sensible choice for those prioritizing budget and function over prestige or luxury.
Section 2: Frequently Asked Questions
1. Is this a good value compared to other homes in the area?
Based on the data, this home is very typical for Parr Street and the wider Inkster-Faraday neighbourhood in terms of size, age, and assessed value. Its value proposition is consistency, not outperformance.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require a viewing or inquiry to understand the finishes, layout, and whether it includes a legal suite or additional living space.
3. How does the below-average citywide assessed value affect me?
A lower assessed value generally translates to lower municipal property taxes. However, it can also reflect the home’s market position relative to the entire city, not just its neighbourhood.
4. The home sold in April 2022. What might have changed since then?
The sold price range from 2022 provides a historical benchmark, but the current condition, any further updates, and the local market dynamics will have evolved. A current appraisal or market evaluation is essential.
5. Are the nearby listed properties direct comparisons?
The listed nearby properties, like 429 Parr Street, are useful for gauging neighbourhood standards. However, differences in condition, exact layout, and lot specifics mean they are guides, not exact equivalents.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
