Property score
47.2
Below average
Overall 47.2 · Smaller but newer than most nearby homes
760 sqft (bottom 22%) · Built in 1957 (27 yrs newer than avg)
Located in a above-average income area with median household income of ~81k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 shop, and 1 park nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Above average
27 yrs newer than neighborhood avg.
Mother tongue
English · 58%Tagalog · 25%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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47.2 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: #46110924
$81K
Median household income
$87K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
26%
Single-person households
28%
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
480 Garlies Street — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 344 m), 1 education (nearest 339 m), 1 shopping (nearest 397 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 | Top 38% | Top 43% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 760 sqft, one-storey home at 480 Garlies Street in Winnipeg’s Inkster-Faraday neighbourhood presents a specific and practical opportunity. Built in 1957, it is notably newer than most homes on its street and in the immediate area. Its key characteristic is a renovated basement, adding functional living space. The lot is compact at 2,607 sqft, which translates to lower maintenance. The home lacks a garage or pool.
Its appeal lies in its simplicity and efficiency. It suits first-time buyers or investors seeking an affordable, low-maintenance entry into the Winnipeg market. The renovated basement offers immediate utility, whether for extra living space, a rental suite (subject to zoning verification), or a dedicated workspace. For the right buyer, the home’s below-average living area is offset by its above-average condition (for the street) and its manageable scale, offering a chance to build equity without the burden of a large property or an older, more maintenance-intensive structure.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers must verify with the city if a separate rental unit is permitted, as this affects insurance, financing, and legal compliance.
2. How does the compact lot size impact daily living?
At 2,607 sqft, the yard is smaller than most in the city. This is a benefit for those seeking minimal outdoor upkeep but a limitation for those wanting extensive gardening, play space, or future expansions like a large deck or garage.
3. The assessed value seems low. What does this mean?
The $21,700 assessment is above average for Garlies Street but below the city-wide average. This typically reflects the home’s smaller size and neighbourhood. It can mean relatively lower property taxes, but the sale price is determined by the market, not the assessment.
4. What are the implications of the home being newer than its neighbours?
Built in 1957, it is decades newer than many neighbouring homes (which average circa 1930). This can suggest potentially newer core components like wiring or plumbing, possibly reducing immediate major repair costs compared to much older homes.
5. Where can I find the exact historical sale price?
The listed sale history shows estimated ranges. The exact sold price data is available by request from the listing service via email, as noted in the property details.
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