Property score
64.5
Fair
Overall 64.5 · Larger than most nearby homes
1,632 sqft (top 4%) · Built in 1913 (17 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, 1 school, 2 healthcare facilitys, and 2 shops nearby
Living Area
Above average
59% larger than neighborhood avg.
Year Built
Below average
17 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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64.5 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
416 Parr Street — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 187 m), 1 education (nearest 81 m), 2 healthcare (nearest 462 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 47% | Bottom 41% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 416 Parr Street, Winnipeg
Key Characteristics & Appeal
This is a spacious, century-old home in Winnipeg's Inkster-Faraday neighbourhood, offering a distinct value proposition. Its primary appeal lies in its generous 1,632 sqft of living space, which ranks in the top 6% of homes on Parr Street and the top 4% within the local area, providing significantly more room than many neighbouring properties. The home features a classic two-and-a-half storey layout with a detached garage and an unfinished basement, presenting a canvas for customization.
The property suits practical buyers looking for space and value over modern finishes. It’s ideal for an investor seeking a character rental, a handy homeowner ready to take on gradual updates, or a family needing ample room at an accessible price point. A thoughtful perspective is that its above-average size for the immediate area offers a relative sense of privacy and room to grow, which is uncommon in its price range. However, buyers should be prepared for the realities of a 1913 build, including potential maintenance and systems updates. The assessed value is notably below the citywide average, highlighting its affordability but also reflecting its age and the neighbourhood's market position.
Frequently Asked Questions
1. What is the actual sold price history?
Exact sold prices are not publicly displayed online. The available data indicates a sale in April 2016 in the range of $16.5k to $19.5k. You can request the precise historical sale figures by emailing the listing service.
2. How does the living area compare to nearby homes?
The living space is a standout feature. It is larger than approximately 94% of homes in the Inkster-Faraday area and 94% of homes on Parr Street itself, making it a notably spacious option in this locale.
3. What does the "below average" citywide assessed value mean?
While the assessed value is around average for its immediate neighbourhood, it ranks in the bottom 11% citywide. This primarily indicates a much lower valuation than the Winnipeg average (which is around $390k), reflecting the home's age, location, and the city's broad spectrum of property values.
4. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents both a storage/utility space and a future opportunity for development.
5. How does the lot size compare?
The land area is approximately 3,001 sqft, which is fairly typical for both Parr Street and the Inkster-Faraday neighbourhood but is smaller than the majority of lots across the entire city.
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