Property score
50.7
Fair
Overall 50.7 · Newer than most nearby homes
917 sqft (bottom 42%) · Built in 1944 (14 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
11% smaller than neighborhood avg.
Year Built
Above average
14 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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50.7 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
398 Parr Street — 12 amenities found within 500 m, across 7 categories, including 1 dining (nearest 172 m), 2 education (nearest 75 m), 2 healthcare (nearest 392 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 | Top 35% | Bottom 48% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 398 Parr Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a practical and character-filled one-and-a-half storey house built in 1944, offering 917 square feet of living space on a 3,001 sqft lot in the Inkster-Faraday neighbourhood. Its key appeal lies in its solid, no-frills value within a well-established community. The home features a renovated basement, adding functional living space.
The property suits first-time homebuyers, downsizers, or investors looking for an affordable entry into the Winnipeg market. Its assessed value is consistently around the average for its immediate street and neighbourhood, suggesting a stable and predictable valuation context. A thoughtful perspective is that, while its size is below the citywide average, it is actually quite typical for its specific area, meaning it fits seamlessly into the community's housing fabric and may offer a more manageable scale for maintenance and utility costs. The 1944 build date is notably newer than many homes on the street, which could imply updates over the years or a potentially different architectural character.
Section 2: Frequently Asked Questions
1. What is the exact recent sale price?
The available public data shows a sale in June 2023 for an estimated range of $175,000 to $205,000. For the precise sale price, you can request the information directly via the provided email service.
2. How does this home compare to others in the area?
Within the Inkster-Faraday neighbourhood and on Parr Street itself, this home is consistently around average for key metrics like living area, lot size, and assessed value. It is not an outlier, but a typical property for the locale.
3. Is there a garage or parking?
The listing specifies there is no garage. Prospective buyers should inquire about on-site parking options, such as a driveway or pad.
4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. This is a key detail to clarify with the seller or listing agent to understand the home's full living space and condition.
5. The citywide assessed value seems low. Why?
The assessed value is for the property itself and is in line with neighbourhood averages. The much higher "citywide average" figure (approximately $390k) includes all property types across Winnipeg, skewing the comparison. For this specific community and property type, the assessment is typical.
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