435 Parr Street

Inkster-Faraday, Winnipeg

Property score

29.1

Below average

Overall 29.1 · Smaller and older than most nearby homes

544 sqft (bottom 1%) · Built in 1909 (21 yrs older than avg)

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

Transit 74.0 · 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

Below average

47% smaller than neighborhood avg.

Year Built

Below average

21 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

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Property score

29.1 is composed by the two sections below.

Property Score

14.6Low
Living Area544 sqft8Low
Year Built190910Low
Lot Size3,006 sqft38Low
Neighbourhood Sales Activity42Low

Community Score

50.9Fair
Household Income45Low
Education Level54Fair
Housing Stress74Good
Core Housing Need50Fair
Employment Health52Fair

Neighbourhood Sales

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.

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.

Rankings

Living Area

below average
544 sqft
0255075100
Same streetBottom 3%Same areaBottom 1%CitywideBottom 1%
Same street · Parr Street
#101 / 104
Bottom 3% · Avg 991 sqft
Same area · Inkster-Faraday
#1,421 / 1,442
Bottom 1% · Avg 1,025 sqft
Citywide · Winnipeg
#193,868 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
128k
0255075100
Same streetBottom 8%Same areaBottom 9%CitywideBottom 2%
Same street · Parr Street
#96 / 104
Bottom 8% · Avg 195.7k
Same area · Inkster-Faraday
#1,307 / 1,442
Bottom 9% · Avg 197.6k
Citywide · Winnipeg
#191,374 / 194,458
Bottom 2% · Avg 390.1k

Year Built

below average
1909
0255075100
Same streetBottom 6%Same areaBottom 5%CitywideBottom 5%

Lot Size

around average
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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

435 Parr Street — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 260 m), 1 education (nearest 109 m), 2 shopping (nearest 288 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%

Sales History

Sold 3/2021CA$100k–150k
Sold price

Same street

Bottom 10%

Same area

Bottom 11%

City-wide

Bottom 2%
Sold 8/2016CA$50k–100k
Sold price

Same street

Bottom 2%

Same area

Bottom 3%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 435 Parr Street, Winnipeg

Property Overview: 435 Parr Street, Winnipeg

Key Characteristics & Buyer Profile

This is a compact, one-storey home built in 1909, situated on a standard-sized lot in the Inkster-Faraday neighbourhood. Its key characteristic is its exceptionally modest scale and valuation. At 544 sqft, the living area is significantly smaller than most homes in the area and across Winnipeg. The property's assessed value is correspondingly low, ranking in the bottom 10% locally.

The primary appeal lies in its potential as a minimal-footprint, entry-level investment or a straightforward, low-cost housing solution. It suits a very specific buyer: an investor looking for an affordable rental property with baseline utility, or a hands-on individual seeking the absolute lowest price point to enter the market, with the understanding that the home requires modernization (the basement is noted as not renovated). It is not suited for those needing space or expecting turn-key condition. A less obvious perspective is that its tiny size and historic roots offer a unique case study in minimalist urban living, far removed from modern standards, which could hold a specific, pragmatic appeal for the right person.


Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's very small size (544 sqft), its age, and its condition relative to the broader market. It is priced as a basic structure on a parcel of land.

2. What does "basement, not renovated" typically mean for a home of this age?
For a house built in 1909, this usually indicates a traditional stone or concrete foundation cellar with minimal finishing. It likely provides essential mechanical space and storage but would require significant work to be converted into livable space.

3. How should I interpret the sold price history ranges?
The listed ranges (e.g., $10.50k ~ $13.50k) are estimates based on public data. To obtain the exact sale price for transaction history, you must request it via the provided email service, which the site manually fulfills.

4. Is the land size a redeeming feature?
The lot is around 3,000 sqft, which is fairly average for the immediate street but below the Winnipeg average. It provides a standard outdoor space for the area but is not unusually large.

5. Who would be the most likely buyer for this property?
The most likely buyer is an investor or a very budget-conscious individual seeking the lowest possible entry price into the market. It is a functional asset requiring investment, rather than a move-in-ready family home.

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