Property score
53.8
Fair
Overall 53.8 · Newer than most nearby homes
939 sqft (bottom 44%) · Built in 1944 (14 yrs newer than avg)
Located in a above-average income area with median household income of ~81k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 healthcare facilitys, and 2 shops nearby
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Above average
14 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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53.8 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
494 Mckenzie Street — 12 amenities found within 500 m, across 6 categories, including 1 dining (nearest 291 m), 2 education (nearest 391 m), 2 healthcare (nearest 221 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 7% | Top 21% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 494 Mckenzie Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1944, presents a practical opportunity in Winnipeg's Inkster-Faraday neighbourhood. With 939 square feet of living space and a 3,540 sqft lot, its scale is modest but aligns with the local area's averages. A key feature is the existing, unrenovated basement, offering potential for future expansion or storage, and the property includes a detached garage.
The primary appeal lies in its position as an affordable, no-frills entry point into the housing market. The home's assessed value is significantly below the citywide average, suggesting a lower property tax burden and an accessible price point. It suits first-time buyers, investors looking for a rental property, or hands-on individuals comfortable with a home that may require updates over time. A thoughtful perspective is that while its size is below the city average, it is competitively sized for its immediate area, offering a more manageable and efficient footprint for smaller households without paying for unused space.
Frequently Asked Questions
1. What does "one-and-a-half storey" mean for this home?
This style typically features a main floor with principal rooms and a second floor under sloping roof lines, often creating cozy bedrooms with unique character. It's a common design for homes of this era in Winnipeg.
2. The assessed value seems very low compared to the city average. Why?
The assessed value is for municipal tax purposes and is not a market price. It reflects the value relative to similar properties in its assessment area. The significant gap from the citywide average highlights the neighbourhood's affordability and different market conditions.
3. Is the unrenovated basement finished?
The listing specifies it is "not renovated," which generally means it is unfinished or in original condition. This presents raw space that a new owner could develop to suit their needs, subject to permits and codes.
4. How does the lot size compare?
At just under 3,500 sqft, the lot is typical for the street and neighbourhood but is smaller than the average Winnipeg lot. This means less yard maintenance but also less private outdoor space.
5. What can the recent sold price history tell me?
The listed sale range from 2021 provides a recent benchmark. For the most accurate historical sold price data, you must request it directly via the provided email service, as this information is manually verified.
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