Property score
42.8
Below average
Overall 42.8 · Smaller than most nearby homes
660 sqft (bottom 8%) · Built in 1928 (2 yrs older than avg)
Located in a above-average income area with median household income of ~81k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Near average
2 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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42.8 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
519 Parr Street — 13 amenities found within 500 m, across 6 categories, including 2 dining (nearest 446 m), 1 education (nearest 357 m), 2 healthcare (nearest 404 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 35% | Bottom 48% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 519 Parr Street, Winnipeg
Key Characteristics & Appeal
This one-storey home on Parr Street in the Inkster-Faraday neighbourhood is a compact, no-fuss property built in 1928. Its key characteristic is its modest 660 sqft living area, which is notably smaller than most homes in the area and across Winnipeg. However, this is balanced by a decently sized 3,010 sqft lot that is above average for Parr Street itself, offering potential outdoor space. The home features a renovated basement and a detached garage.
Its primary appeal lies in its affordability and simplicity, reflected in its assessed value that is average for its immediate street and neighbourhood but well below the Winnipeg city average. It represents a straightforward entry point into homeownership with lower property taxes. The renovated basement adds functional living space despite the smaller main floor.
This property would best suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist lifestyle with minimal upkeep. Its smaller size and lot are manageable, while its value is anchored more in its location and land than in its square footage. A thoughtful perspective is that this home offers a chance to own in a mature neighbourhood without a large mortgage, prioritizing financial flexibility over space.
Frequently Asked Questions
1. Is the house in good condition?
The listing notes a renovated basement, suggesting some updates. However, as a home built in 1928, a thorough inspection is essential to understand the condition of the main structure, roof, wiring, and plumbing.
2. Why is the assessed value so much lower than the city average?
The assessed value ($20,900) is in line with similar homes on Parr Street and in Inkster-Faraday. It is lower than the city average primarily due to the home's smaller size and the market values typical of this specific neighbourhood.
3. Can the house be expanded?
The lot size is a positive feature for the street. While subject to local zoning bylaws, the parcel does provide some flexibility for future additions, a garden, or outdoor amenities that the interior living space lacks.
4. What are the typical utility costs for a house this size?
Given its compact footprint, heating and electrical costs are likely to be lower than for a larger detached home. However, the age of the building means efficiency will depend heavily on the quality of recent updates, like windows and insulation.
5. How does the last sale price compare?
Public data indicates it sold between $17,500 and $20,500 in September 2020. The current assessed value is slightly above that range, but the exact sold price is available upon direct request from the site.
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