458 Parr Street

Inkster-Faraday, Winnipeg

Property score

40.7

Below average

Overall 40.7 · Smaller than most nearby homes

601 sqft (bottom 5%) · Built in 1933 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~74k

Transit 74.0 · 3-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

41% smaller than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 56%Tagalog · 28%

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

40.7 is composed by the two sections below.

Property Score

21.2Low
Living Area601 sqft15Low
Year Built193322Low
Lot Size3,001 sqft38Low
Neighbourhood Sales Activity42Low

Community Score

70.0Good
Household Income74Good
Education Level54Fair
Housing Stress83Excellent
Core Housing Need63Fair
Employment Health76Good

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: #46110921

Community deep dive

$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

Population, labour & age

Population (2021)661
Labour force participation rate70%
Median age37.6
Avg household size2.9
Unemployment rate7%
Population density6009 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households28%
Couple families with children34%
Median household income (2020)$74K

Housing

Renter households26%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)43%
Visible minority54%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Tagalog · 28%

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

Rankings

Living Area

below average
601 sqft
0255075100
Same streetBottom 7%Same areaBottom 5%CitywideBottom 1%
Same street · Parr Street
#97 / 104
Bottom 7% · Avg 991 sqft
Same area · Inkster-Faraday
#1,377 / 1,442
Bottom 5% · Avg 1,025 sqft
Citywide · Winnipeg
#192,742 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

around average
191k
0255075100
Same streetBottom 47%Same areaBottom 46%CitywideBottom 7%
Same street · Parr Street
#55 / 104
Bottom 47% · Avg 195.7k
Same area · Inkster-Faraday
#783 / 1,442
Bottom 46% · Avg 197.6k
Citywide · Winnipeg
#180,712 / 194,458
Bottom 7% · Avg 390.1k

Year Built

around average
1933
0255075100
Same streetTop 39%Same areaTop 42%CitywideBottom 18%

Lot Size

around average
3,001 sqft
0255075100
Same streetBottom 47%Same areaBottom 33%CitywideBottom 11%

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

458 Parr Street — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 280 m), 1 education (nearest 202 m), 2 shopping (nearest 322 m).

Search radius
🍽️Dining1
🏫Education1
🛒Shopping2
🌳Parks1
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 9/2019CA$150k–200k
Sold price

Same street

Top 43%

Same area

Bottom 44%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 458 Parr Street, Winnipeg

Property Overview

458 Parr Street is a compact, one-storey home in Winnipeg's Inkster-Faraday neighbourhood. Built in 1933, its key characteristic is its modest 601 sqft living area, which is notably smaller than most homes on its street, in the area, and across the city. The home sits on a roughly 3,000 sqft lot and features a renovated basement. It has no garage or pool.

Its primary appeal lies in its affordability and efficiency, as reflected in its assessed value, which is very typical for its immediate vicinity. This is a straightforward, low-maintenance property. It would suit a first-time buyer seeking an entry point into the market, an investor looking for a rental property, or someone who values minimalism and utility over space. A thoughtful perspective is that its smaller size and average-for-the-street valuation could represent a stable, lower-risk investment in a city where property values vary widely, offering insulation from the volatility of more expensive areas.

Frequently Asked Questions

1. Is this house unusually small?
Yes. At 601 sqft, the living area is significantly below the average for similar homes on Parr Street (~991 sqft), in the Inkster-Faraday area (~1,025 sqft), and citywide (~1,342 sqft).

2. Why is the assessed value so much lower than the citywide average?
The assessed value of $19,100 is typical for Parr Street and the immediate neighbourhood, where homes are valued similarly. The dramatic difference from the citywide average (which is around $390k) highlights the variation in Winnipeg's housing market and the affordability of this specific area.

3. What does having a "renovated basement" mean for this property?
While specifics aren't listed, a renovated basement in a home of this size effectively adds crucial functional space, potentially for a utility room, storage, or a secondary living area, which is a key asset given the compact main floor.

4. How does the lack of a garage affect this property?
The property has no garage, which is common for older, compact homes in the area. Buyers should plan for street parking and consider the implications for vehicle storage during Winnipeg winters.

5. The data shows it sold in 2019 for between $16.5k and $19.5k. How can I find the exact price?
The exact sold price is not publicly displayed. You can request it directly via the "Get exact sold price history" feature on the listing page, and the service provider will email it to you.

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