Property score
49.7
Below average
Overall 49.7 · Compared with neighbourhood average
968 sqft (bottom 47%) · Built in 1920 (10 yrs older 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
6% smaller than neighborhood avg.
Year Built
Near average
10 yrs older 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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49.7 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
400 Parr Street — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 172 m), 2 education (nearest 72 m), 2 healthcare (nearest 401 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 32% | Bottom 29% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This one-storey home at 400 Parr Street in Winnipeg's Inkster-Faraday neighbourhood presents a straightforward, renovated living space. Its key characteristics include a 968 sqft living area, a detached garage, and a renovated basement. Built in 1920, it sits on a 3,001 sqft lot.
The primary appeal lies in its relative affordability and practicality within its immediate context. While its size and assessed value are below Winnipeg's city-wide averages, they are consistently around or just above average for its own street and neighbourhood. This suggests a property that is competitively positioned within its local market, offering a sensible entry point into homeownership. The renovated basement adds functional living space. It would suit first-time buyers, practical downsizers, or investors looking for a character home with foundational updates in an established area. A less obvious perspective is that a home ranking solidly within its local peer group can offer more predictable value and less competition than a standout property, providing a sense of stability.
Frequently Asked Questions
1. What is the exact recent sold price?
The available public data shows a sold price range of $14.50k to $17.50k for October 2022. For the precise figure, you can request the exact sold price history via email from the listing source.
2. How does this home compare to others in the area?
The data indicates this home is very typical for the Parr Street area and Inkster-Faraday neighbourhood. Its living area, assessed value, and land size all rank near the middle compared to immediate peers, meaning it is neither the largest nor the smallest on the block.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This would be a key detail to clarify with the seller or listing agent to understand the finish quality and intended use.
4. Is the assessed value the same as the market value?
No. The assessed value (listed as $18.30k) is for municipal tax purposes. Market value—what a buyer would pay—is determined by current market conditions and can be significantly different.
5. Given its age, what should I consider?
Built in 1920, the home is older than most on its street and in the city. While the basement has been renovated, a prospective buyer should prioritize inspections for the core structure, foundation, roof, and major systems (like plumbing and electrical) which may be original or have older updates.
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