Property score
39.1
Below average
Overall 39.1 · Smaller and older than most nearby homes
568 sqft (bottom 3%) · Built in 1905 (25 yrs older than avg)
Located in a above-average income area with median household income of ~81k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
45% smaller than neighborhood avg.
Year Built
Below average
25 yrs older 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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39.1 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
485 Garlies Street — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 384 m), 1 education (nearest 345 m), 2 healthcare (nearest 492 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 | Bottom 2% | Bottom 8% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 485 Garlies Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Garlies Street in the Inkster-Faraday neighbourhood is defined by its modest scale and significant potential. Its key characteristic is its exceptionally low municipal assessed value, which is among the very lowest in the city. The living space is compact at 568 sq ft, and the home, built in 1905, requires updating. It features a detached garage and a full, unrenovated basement.
The primary appeal lies in its role as an entry point into the housing market. It suits a very specific buyer: an investor looking for a low-cost rental property, a hands-on individual seeking an affordable renovation project, or someone prioritizing minimal property tax liability above all else. A less obvious perspective is the value of its lot. While the home itself is small and dated, the land area is above average for its immediate street, suggesting the underlying property holds value that the current structure does not reflect. This presents a long-term opportunity for expansion or redevelopment, making it a strategic purchase for a patient buyer.
Section 2: Frequently Asked Questions
1. Why is the assessed value so low?
The assessed value reflects the current state and size of the dwelling. Given the home's age, compact living area, and need for modernization, the city's assessment is based on its very limited market value as it stands today.
2. What would the property taxes be?
Based on the current assessed value of $12,200, the annual property taxes would be significantly lower than the Winnipeg average. An exact calculation can be provided using the City of Winnipeg's tax rate.
3. Is this a "tear-down" property?
While the home needs substantial work, it is habitable. The decision to renovate or rebuild would depend on a buyer's budget and goals. Its age and condition mean a full renovation would be extensive, but the lot size may support future expansion.
4. How does the sold price history work?
The listed sale from 2016 shows a range. For privacy reasons, Manitoba’s exact sale prices are not publicly posted. You can request the precise historical sold price via email from the source site; they provide this data manually without marketing spam.
5. What are the main considerations for a buyer?
A buyer must be prepared for the scope and cost of needed renovations. Financing can be challenging for properties with very low valuations. The focus should be on the investment in the land and location, with the existing house viewed as a foundation to improve or replace over time.
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