Property score
58.8
Fair
Overall 58.8 · Larger than most nearby homes
1,216 sqft (top 24%) · Built in 1929 (1 yr older than avg)
Located in a above-average income area with median household income of ~74k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 2 shops, and 1 park nearby
Living Area
Above average
19% larger than neighborhood avg.
Year Built
Near average
1 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
58.8 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
423 Garlies Street — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 214 m), 1 education (nearest 171 m), 2 shopping (nearest 256 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 33% | Top 30% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 423 Garlies Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1929, presents a solid opportunity in the Inkster-Faraday neighbourhood. Its key appeal lies in its strong fundamentals relative to the immediate area. With 1,216 sqft of living space, it offers more room than most comparable homes on its street and in the neighbourhood. A recently renovated basement adds functional living space.
The standout characteristic is its assessed value of $29,900, which ranks in the elite top 4% on Garlies Street and top 3% in Inkster-Faraday. This suggests a property that is a high-value asset within its local context, though it's important to note this is not a citywide market valuation. The home sits on a standard 3,001 sqft lot for the area and includes a detached garage.
This property would suit a practical, value-conscious buyer looking for a home with above-average space in this specific community. It could appeal to a first-time homeowner seeking a manageable entry point, or an investor looking for a property with a strong assessment base in a neighbourhood of similar homes. The recent basement renovation also makes it move-in ready for someone needing immediate usable space.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than typical citywide averages?
Property assessments in Winnipeg reflect a home's value relative to others in its market area. This assessment indicates 423 Garlies is a higher-value property within the Inkster-Faraday neighbourhood, not that it is priced far below the broader Winnipeg market.
2. What does the "elite" ranking for assessed value actually mean?
It means that compared to similar homes on the same street and in the same neighbourhood, this property's official assessed value is among the highest. This often reflects factors like lot location, building size, or improvements like the renovated basement.
3. Is the living space considered large?
At 1,216 sqft, it is above average for both Garlies Street and the Inkster-Faraday area, offering more interior space than many direct comparables. Citywide, however, it is around the median size.
4. What might the sold price history indicate?
The listed sold price range from 2019 ($20.5k - $23.5k) is a historical data point. It shows the property transacted below its current assessment at that time, which may reflect market conditions, the property's state prior to renovations, or other factors from six years ago.
5. How significant is the renovated basement?
A renovated basement adds immediate functional living space without the need for a project. It's a key feature that likely contributes to the home's above-average assessment and living area for the neighbourhood, offering extra rooms or a recreational area.
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.
