438 Mcgregor Street

Inkster-Faraday, Winnipeg

Property score

56.6

Fair

Overall 56.6 · Larger than most nearby homes

1,244 sqft (top 20%) · Built in 1913 (17 yrs older than avg)

Located in a above-average income area with median household income of ~72k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Above average

21% larger than neighborhood avg.

Year Built

Below average

17 yrs older than neighborhood avg.

Mother tongue

English · 73%Tagalog · 14%

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

56.6 is composed by the two sections below.

Property Score

50.6Fair
Living Area1,244 sqft66Good
Year Built191316Low
Lot Size3,218 sqft38Low
Neighbourhood Sales Activity42Low

Community Score

65.5Good
Household Income72Good
Education Level34Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health68Good

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: #46110910

Community deep dive

$72K

Median household income

$74K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

20%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)588
Labour force participation rate69%
Median age40.4
Avg household size2.7
Unemployment rate10%
Population density5345 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households20%
Couple families with children25%
Median household income (2020)$72K

Housing

Renter households23%
Condominium dwellings4%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority32%
Bachelor's or higher (25–64)18%
Mother tongue (1st)English · 72%
Mother tongue (2nd)Tagalog · 13%

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

Rankings

Living Area

above average
1,244 sqft
0255075100
Same streetTop 31%Same areaTop 20%CitywideTop 46%
Same street · Mcgregor Street
#13 / 42
Top 31% · Avg 1,129 sqft
Same area · Inkster-Faraday
#293 / 1,442
Top 20% · Avg 1,025 sqft
Citywide · Winnipeg
#89,786 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
201k
0255075100
Same streetTop 33%Same areaTop 47%CitywideBottom 8%
Same street · Mcgregor Street
#14 / 42
Top 33% · Avg 177.3k
Same area · Inkster-Faraday
#684 / 1,442
Top 47% · Avg 197.6k
Citywide · Winnipeg
#178,205 / 194,458
Bottom 8% · Avg 390.1k

Year Built

around average
1913
0255075100
Same streetBottom 45%Same areaBottom 33%CitywideBottom 10%

Lot Size

around average
3,218 sqft
0255075100
Same streetTop 36%Same areaBottom 45%CitywideBottom 15%

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

438 Mcgregor Street — 14 amenities found within 500 m, across 8 categories, including 1 dining (nearest 372 m), 2 education (nearest 291 m), 2 healthcare (nearest 268 m).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare2
🛒Shopping2
🌳Parks2
🏦Finance1
Worship3
🏛️Government1

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 9/2016CA$150k–200k
Sold price

Same street

Top 45%

Same area

Bottom 35%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 438 Mcgregor Street, Winnipeg

Property Overview: 438 Mcgregor Street, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 1913, is a classic character property situated in the Inkster-Faraday neighbourhood. With 1,244 sqft of living space and a 3,218 sqft lot, it offers solid, functional proportions. The home includes a basement and a detached garage. Its appeal lies in its established location and its position as a relatively average property within its immediate area—it doesn’t stand out as exceptionally large or small, old or new, compared to its direct neighbours. This can be an advantage for buyers seeking a straightforward, no-surprises entry into the market. The very low city-wide assessed value suggests a potentially accessible price point for first-time buyers or investors. It would suit a practical buyer looking for a home with original character that may benefit from updates, or an investor seeking a rental property in a long-established community. A less obvious perspective is that its "average" metrics on the street indicate stability and predictability, which can be a smart choice for those wary of overpaying for hyper-unique features in a fluctuating market.

Section 2: Frequently Asked Questions

1. What is the actual sold price history?
The public data shows a sale in September 2016 for an estimated range of $15.50k to $18.50k. For precise historical sold prices, you must request the information directly via email from the listing source, as this data is verified and provided manually.

2. What does the assessed value indicate?
The assessed value is approximately $20.10k. It’s crucial to understand that this is a municipal assessment for tax purposes and is dramatically lower than typical market prices in Winnipeg. It should not be confused with a market valuation or listing price.

3. What is the condition of the basement?
The listing specifies the basement exists but is "not renovated." Prospective buyers should budget for potential updates and anticipate a professional inspection to assess its current state and any necessary repairs or moisture control.

4. How does this home compare to others in Winnipeg?
City-wide data shows this home is below average in assessed value, land size, and year built. This highlights that it is a more compact, older property in an established neighbourhood, offering a different value proposition than newer suburban homes.

5. What is the neighbourhood like for daily living?
Located on Mcgregor Street in Inkster-Faraday, the home is part of a dense network of similar properties, as seen in the list of nearby addresses. This suggests a close-knit, urban streetscape. Buyers should explore the area in person to evaluate amenities, traffic, and overall community feel.

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