Property score
51.2
Fair
Overall 51.2 · Larger than most nearby homes
1,275 sqft (top 18%) · Built in 1924 (6 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
Above average
24% larger than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 13%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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51.2 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: #46110919
$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
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
431 Parr Street — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 251 m), 1 education (nearest 91 m), 2 shopping (nearest 276 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 35% | Bottom 31% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 431 Parr Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1924, offers a practical footprint with 1,275 square feet of living space. Its appeal lies in its solid, no-frills foundation within the Inkster-Faraday neighbourhood. The home features a detached garage and an unrenovated basement, presenting a straightforward opportunity.
Statistically, the property stands out locally. Its living area is notably above average for both Parr Street and the wider Inkster-Faraday area, meaning you get more interior space than many neighbouring homes. However, its assessed value is modest and aligns with local averages, suggesting a potentially efficient value-for-space proposition in its immediate context. The lot is a standard city size for the area.
This home would suit a pragmatic buyer—perhaps a first-time homeowner, an investor, or a hands-on individual—who sees potential in a character home's structure and space without paying a premium for modern finishes. It’s for someone who values a larger interior footprint in a established neighbourhood and is prepared to undertake updates over time. The unrenovated basement is a blank canvas for future expansion or utility.
Frequently Asked Questions
1. Is the assessed value the same as the market price?
No. The assessed value (listed as $20,500) is for municipal tax purposes. The market price is determined by current buyer demand and recent sales of comparable homes, which can be significantly different.
2. What does "above average" for living area mean here?
It means that compared to other homes directly on Parr Street and in the Inkster-Faraday neighbourhood, this house has more interior space than most. This is a relative strength within this specific market.
3. The home sold in 2010 for between $14.5k and $17.5k. Why is that price so low?
Historical sold prices, especially from over a decade ago, reflect the market conditions at that time and are not indicative of current value. They are useful for understanding price trends but should not be used to estimate today's worth.
4. What are the implications of an unrenovated basement?
This typically means the basement is in original or functional condition, but not modernized. It offers utility and storage space but may require addressing insulation, flooring, or moisture management for finished living space. It represents both a cost consideration and an opportunity for customization.
5. How does this home compare city-wide?
While its living space is strong locally, it is around the city-wide average. Its assessed value and lot size are below the Winnipeg average, which is influenced by newer suburbs with larger lots and higher valuations. This highlights that the home's value proposition is very specific to its established inner-city neighbourhood.
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