Property score
43.5
Below average
Overall 43.5 · Smaller than most nearby homes
731 sqft (bottom 18%) · Built in 1942 (12 yrs newer than avg)
Located in a above-average income area with median household income of ~74k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 2 shops, and 1 park nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Near average
12 yrs newer 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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43.5 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
434 Parr Street — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 226 m), 1 education (nearest 135 m), 2 shopping (nearest 262 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 40% | Bottom 33% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 434 Parr Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a standard city lot in Inkster-Faraday is a practical, no-frills property. Its key characteristic is its modest 731 sqft living area, which is notably compact compared to most homes in Winnipeg, but fairly typical for its immediate street and neighbourhood. The home benefits from a renovated basement and a detached garage. Built in 1942, it is of a similar vintage to many surrounding properties.
The appeal lies in its affordability and straightforward footprint, underscored by an assessed value that is very manageable relative to the city-wide average. It represents an entry point into the market with lower property taxes. This home would suit a first-time buyer comfortable with a smaller living space, an investor looking for a rental property with a renovated basement suite potential, or someone seeking a minimalist, low-maintenance lifestyle without a large yard or complex upkeep.
A less obvious perspective is that its "below average" size city-wide is actually its core advantage, offering a chance to own a detached home with outdoor space at a significantly lower cost point. Its average rankings within the immediate area suggest it is not an outlier on its block, providing neighbourhood consistency.
Section 2: Frequently Asked Questions
1. Is the living space too small?
While the living area is compact at 731 sqft, it is actually quite typical for older homes on Parr Street and in the Inkster-Faraday area. The renovated basement provides additional usable space, making the overall footprint more functional.
2. What does the assessed value indicate?
The assessed value of approximately $20,600 is significantly below the Winnipeg average, which primarily indicates lower municipal property taxes. It reflects the home's modest size and the neighbourhood's market, not necessarily its condition, due to the noted renovations.
3. How does the lot size compare?
The lot is just over 3,000 sqft, which is standard for the area. It provides a decent outdoor space for a garden or relaxation but is not overly large, keeping maintenance manageable.
4. What is the neighbourhood like for this type of home?
Inkster-Faraday is characterized by many homes of a similar era and scale. This property fits right in, being unexceptional in its metrics for the local context, which can mean stability and predictable values.
5. Where can I find exact historical sale prices?
Exact sold prices are not publicly displayed in detail here. The listing service provides an approximate range (e.g., $14.5k–$17.5k in May 2020) and offers to send the precise historical data directly via email upon request, at no cost and without marketing spam.
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