450 Mckenzie Street

Inkster-Faraday, Winnipeg

Property score

41.2

Below average

Overall 41.2 · Older than most nearby homes

920 sqft (bottom 42%) · Built in 1911 (19 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 2 schools, 2 healthcare facilitys, and 3 shops nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Below average

19 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

41.2 is composed by the two sections below.

Property Score

34.7Low
Living Area920 sqft42Low
Year Built191116Low
Lot Size2,821 sqft28Low
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

around average
920 sqft
0255075100
Same streetBottom 44%Same areaBottom 42%CitywideBottom 18%
Same street · Mckenzie Street
#45 / 80
Bottom 44% · Avg 1,046 sqft
Same area · Inkster-Faraday
#831 / 1,442
Bottom 42% · Avg 1,025 sqft
Citywide · Winnipeg
#158,755 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
173k
0255075100
Same streetBottom 41%Same areaBottom 33%CitywideBottom 5%
Same street · Mckenzie Street
#47 / 80
Bottom 41% · Avg 183.7k
Same area · Inkster-Faraday
#967 / 1,442
Bottom 33% · Avg 197.6k
Citywide · Winnipeg
#184,615 / 194,458
Bottom 5% · Avg 390.1k

Year Built

below average
1911
0255075100
Same streetBottom 17%Same areaBottom 11%CitywideBottom 7%

Lot Size

around average
2,821 sqft
0255075100
Same streetBottom 40%Same areaBottom 22%CitywideBottom 8%

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

450 Mckenzie Street — 13 amenities found within 500 m, across 7 categories, including 2 dining (nearest 405 m), 2 education (nearest 254 m), 2 healthcare (nearest 309 m).

Search radius
🍽️Dining2
🏫Education2
🏥Healthcare2
🛒Shopping3
🌳Parks1
🏦Finance1
Worship2

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 5/2020CA$100k–150k
Sold price

Same street

Bottom 39%

Same area

Bottom 21%

City-wide

Bottom 3%

Related homes

Highlights & common questions: 450 Mckenzie Street, Winnipeg

Property Overview: 450 McKenzie Street, Winnipeg

Key Characteristics & Appeal

This one-storey home on McKenzie Street in the Inkster-Faraday neighbourhood presents a straightforward, no-frills opportunity. Built in 1911, it's a classic Winnipeg character home with 920 sqft of living space, a detached garage, and a full, unrenovated basement on a 2,821 sqft lot. Its appeal lies in its position as a functional and affordable entry point into the housing market. The data shows it is consistently average or slightly below average for its immediate street and neighbourhood in terms of size, value, and lot size, which translates to a lower price barrier compared to the wider city.

This property would suit a practical, hands-on buyer. It's ideal for a first-time homeowner comfortable with a home that may need gradual updates, or an investor looking for a stable rental property in an established area. Its unrenovated state offers a blank canvas, while its assessed value suggests manageable property taxes. A less obvious perspective is that its age and established location often mean mature trees and a settled streetscape, offering a sense of permanence that newer subdivisions may lack.

Frequently Asked Questions

1. What does the sold price history indicate?
The home sold in May 2020 for an estimated range of $12.5k to $15.5k. This historically low price point is consistent with its assessed value and suggests it has been positioned as a land-value or foundational investment property for some time.

2. How does it compare to other homes in the area?
Within its local context on McKenzie Street and the Inkster-Faraday neighbourhood, this home is consistently around the average for living area, assessed value, and lot size. This means it is very typical for the area, not an outlier in size or value.

3. What should I know about the basement?
The listing specifies the basement exists but is "not renovated." Buyers should budget for potential moisture management, foundational updates, or a full renovation to make it a comfortable living or storage space, which is common for homes of this vintage.

4. Is the lot size a limitation?
At 2,821 sqft, the lot is below the Winnipeg city average but is around average for the immediate street. It provides adequate outdoor space for a garden or patio but may not suit those seeking extensive yard space.

5. What are the implications of the 1911 build date?
As one of the older homes on the street, it may have character details like original woodwork but will also require diligent attention to aging components like plumbing, electrical, and insulation. Its construction predates modern building standards, so a thorough inspection is essential.

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