429 Parr Street

Inkster-Faraday, Winnipeg

Property score

49.0

Below average

Overall 49.0 · Compared with neighbourhood average

1,144 sqft (top 33%) · Built in 1922 (8 yrs older than avg)

Located in a below-average income area with median household income of ~44.8k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 2 shops, and 1 bank/ATM nearby

Living Area

Near average

12% larger than neighborhood avg.

Taon ng Paggawa

Near average

8 yrs older than neighborhood avg.

Mother tongue

English · 67%Tagalog · 13%

Past 10 years Inkster-Faraday sales snapshot (~80% of all data)

Sold Count

538

Median price

247.5k

$/sqft

$193/sqft

Avg build year

1930

Need help understanding this property?

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

Property score

49.0 is composed by the two sections below.

Property Score

47.8Low
Living Area60
1,144 sqftFair
Taon ng Paggawa20
1922Low
Lupa38
3,006 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

50.9Fair
Household Income45
Low
Education Level54
Fair
Housing Stress74
Good
Core Housing Need50
Fair
Employment Health52
Fair

Istatistika ng benta ng komunidad

Inkster-Faraday

How to read: Share of sales in each ~$50k price band for “inkster-faraday” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110919

Community deep dive

$45K

Median household income

$66K

Average household income

27%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

48%

Single-person households

17%

Families with children

Population, labour & age

Population (2021)516
Labour force participation rate57%
Median age46.0
Avg household size2.2
Unemployment rate12%
Population density5160 / km²

Households & income

Low income (LIM-AT, % pop.)27%
Single-person households48%
Couple families with children17%
Median household income (2020)$45K

Housing

Renter households56%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority43%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 12%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

lampas sa average
1,144 sqft
0255075100
Same streetTop 24%Same areaTop 33%CitywideBottom 44%
Same street · Parr Street
#25 / 104
Top 24% · Avg 991 sqft
Same area · Inkster-Faraday
#481 / 1,442
Top 33% · Avg 1,025 sqft
Citywide · Winnipeg
#108,256 / 194,458
Bottom 44% · Avg 1,342 sqft

Assessed Value

karaniwan
175k
0255075100
Same streetBottom 26%Same areaBottom 34%CitywideBottom 5%
Same street · Parr Street
#77 / 104
Bottom 26% · Avg 195.7k
Same area · Inkster-Faraday
#951 / 1,442
Bottom 34% · Avg 197.6k
Citywide · Winnipeg
#184,187 / 194,458
Bottom 5% · Avg 390.1k

Taon ng Paggawa

karaniwan
1922
0255075100
Same streetBottom 30%Same areaBottom 45%CitywideBottom 14%

Lupa

karaniwan
3,006 sqft
0255075100
Same streetTop 40%Same areaBottom 35%CitywideBottom 12%

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.

Transit & Walkability

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

429 Parr Street — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 246 m), 1 education (nearest 82 m), 2 shopping (nearest 270 m).

Search radius
🍽️Dining1
🏫Education1
🛒Shopping2
🏦Finance1
Worship3

Crime & Safety

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%

Kasaysayan ng Benta

Naibenta 2/2020CA$100k–150k
Presyo ng benta

Parehong kalye

Bottom 17%

Parehong lugar

Bottom 14%

Buong lungsod

Bottom 2%

Related homes

Mga tampok at karaniwang tanong: 429 Parr Street, Winnipeg

Property Overview

This 1922 one-and-a-half storey home on a 3,006 sqft lot in Inkster-Faraday presents a classic Winnipeg character home with notable space and recent updates. Its key appeal lies in its above-average living area (1,144 sqft) for the street and the presence of a renovated basement, adding functional space. The detached garage and lot size, which ranks in the top 60% on the street, offer practical utility and outdoor potential.

The home suits first-time buyers or practical investors looking for a move-in-ready character property with some modernized elements. It also appeals to those who value a home with a clear history of value appreciation, as its last sale price in 2010 significantly outpaces its current assessed value, suggesting potential equity. A less obvious perspective is that its age and established neighbourhood often mean larger lot sizes and mature trees compared to newer subdivisions, while the renovated basement could serve as a flexible space for a home office or suite, subject to permits.


Frequently Asked Questions

1. How does the assessed value compare to the likely selling price?
The assessed value is $17,500, but this is for municipal tax purposes and is typically much lower than market value. The last sale was for $130,000 in 2010. Current market price would be determined by recent sales of comparable homes, condition, and demand.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of the renovation, permits, the basement's ceiling height, moisture control, and its current use (e.g., recreation room, laundry, additional living space).

3. Is the home in a desirable location within Inkster-Faraday?
The rankings show the property performs well on its own street (Parr Street) for living area and lot size. However, its assessed value rank is lower on the street and in the neighbourhood. This suggests it's on a street with a mix of property values, so viewing the specific block and nearby homes is recommended.

4. What are the implications of the home being 104 years old?
While offering character, it necessitates a focus on maintenance and systems. A thorough inspection is crucial to check the condition of the original structure, foundation, wiring, plumbing, and roof. The renovated basement should be scrutinized for how it integrates with the older structure.

5. How does this property compare to others in the area?
The "People also viewed" list shows similar homes in the area often have comparable assessed values, but living areas and lot sizes can vary significantly. This home's living space is notably larger than several comparables, which is a key differentiator, though some nearby homes have higher assessed values, which may indicate more recent updates or different conditions.