55.2
Fair
Property score
55.2
Fair
Overall 55.2
Larger and newer than most nearby homes
1,176 sqft (top 29%)
Built in 1950 (20 yrs newer than avg)
Located in a above-average income area
with median household income of ~72k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 2 schools, 2 healthcare facilitys, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Above average
20 yrs newer than neighborhood avg.
Mother tongue
English · 73%Tagalog · 14%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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55.2 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: #46110910
$72K
Median household income
$74K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
20%
Single-person households
25%
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
421 Mckenzie Street — 16 amenities found within 500 m, across 8 categories, including 2 dining (nearest 473 m), 2 education (nearest 235 m), 2 healthcare (nearest 368 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 21% | Top 34% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 421 Mckenzie Street, Winnipeg
Key Characteristics & Appeal
This two-storey home on McKenzie Street in Inkster-Faraday presents a practical and value-oriented opportunity. Its key characteristic is a well-proportioned 1,176 sqft living space, which is comfortably above average for both the immediate street and the wider neighbourhood. A significant feature is the renovated basement, adding functional living space. The home is notably newer than most in the area, built in 1950, which may appeal to buyers wary of the maintenance that can come with much older, pre-war housing stock common here.
The appeal lies in its strong positional value within its local context. While the land parcel is modest, the property’s assessed value ranks well above average for the street and neighbourhood, suggesting a perception of solid worth relative to its peers. It suits first-time buyers or practical investors looking for a move-in-ready home with updated basics (like the basement) in an established area, without paying a premium for a larger lot. A thoughtful perspective is that this property represents a "right-sized" home: efficient and manageable, potentially offering lower ongoing property tax burdens compared to city-wide averages, which is a less obvious but meaningful financial consideration.
Frequently Asked Questions
1. How does the property’s value compare?
The home’s assessed value is above average for both McKenzie Street and the Inkster-Faraday neighbourhood, but below the Winnipeg city-wide average. This indicates it is a competitively valued property within its immediate market.
2. What is the significance of the 1950 build year?
Built in 1950, this home is significantly newer than most in the area. This can be an advantage, potentially meaning fewer issues with outdated building materials or systems commonly found in homes from the early 1900s that dominate the neighbourhood.
3. Is the lot size a drawback?
The land area is smaller than average for the street, neighbourhood, and city. This means less outdoor space for gardening or expansion, but also translates to less yard maintenance. It emphasizes the property’s focus on interior living space.
4. What does the sold price history show?
Public data indicates a sale in July 2021 in the range of $20.5k to $23.5k. For an exact historical sold price, you can request the information directly via email from the listing source.
5. Who are the closest comparable properties?
The most direct comparisons are the adjacent homes on McKenzie Street. The listing also shows nearby properties with similar assessed values, though they may be in different neighbourhoods or building types.
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