534 Inkster Boulevard

Inkster-Faraday, Winnipeg

Property score

63.6

Fair

Overall 63.6 · Larger and newer than most nearby homes

1,580 sqft (top 5%) · Built in 1952 (22 yrs newer than avg)

Located in a above-average income area with median household income of ~69k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 healthcare facilitys, 1 shop, and 7 parks nearby

Living Area

Above average

54% larger than neighborhood avg.

Year Built

Above average

22 yrs newer than neighborhood avg.

Mother tongue

English · 66%Tagalog · 20%

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

63.6 is composed by the two sections below.

Property Score

63.6Fair
Living Area1,580 sqft79Good
Year Built195236Low
Lot Size3,503 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

63.7Fair
Household Income70Good
Education Level34Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health60Fair

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: #46110908

Community deep dive

$69K

Median household income

$79K

Average household income

16%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

26%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)639
Labour force participation rate66%
Median age37.6
Avg household size2.6
Unemployment rate11%
Population density5325 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households26%
Couple families with children26%
Median household income (2020)$69K

Housing

Renter households42%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)39%
Visible minority47%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Tagalog · 19%

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

Rankings

Living Area

Elite
1,580 sqft
0255075100
Same streetTop 9%Same areaTop 5%CitywideTop 26%
Same street · Inkster Boulevard
#53 / 582
Top 9% · Avg 1,143 sqft
Same area · Inkster-Faraday
#66 / 1,442
Top 5% · Avg 1,025 sqft
Citywide · Winnipeg
#51,168 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

Elite
340k
0255075100
Same streetTop 4%Same areaTop 1%CitywideBottom 43%
Same street · Inkster Boulevard
#24 / 582
Top 4% · Avg 254.3k
Same area · Inkster-Faraday
#21 / 1,442
Top 1% · Avg 197.6k
Citywide · Winnipeg
#111,544 / 194,458
Bottom 43% · Avg 390.1k

Year Built

Elite
1952
0255075100
Same streetTop 27%Same areaTop 5%CitywideBottom 30%

Lot Size

around average
3,503 sqft
0255075100
Same streetBottom 42%Same areaTop 49%CitywideBottom 19%

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

534 Inkster Boulevard — 11 amenities found within 500 m, across 4 categories, including 1 dining (nearest 361 m), 2 healthcare (nearest 451 m), 1 shopping (nearest 262 m).

Search radius
🍽️Dining1
🏥Healthcare2
🛒Shopping1
🌳Parks7

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 10/2019CA$250k–300k
Sold price

Same street

Top 22%

Same area

Top 4%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 534 Inkster Boulevard, Winnipeg

Property Overview: 534 Inkster Boulevard

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home on Inkster Boulevard stands out for its above-average living space and significant value within its immediate area. With 1,580 sqft of living area, it offers substantially more room than most comparable homes in the Inkster-Faraday neighbourhood, placing it in the top 5% locally. Its assessed value of $340k is ranked in the top 1% for the neighbourhood, suggesting it is a premium property on its street and in the community. The home benefits from a renovated basement and a detached garage.

The appeal lies in securing a well-sized, established home in a neighbourhood where it represents a standout property. Built in 1952, it is newer than many area homes, potentially meaning fewer concerns with very old infrastructure. The data indicates you are paying for a home that is a leader in its local market in terms of both space and official valuation. This property would suit a buyer looking for a spacious, solid family home in a mature neighbourhood, who values being above the local average in key metrics and may see long-term stability in a home that already holds a high assessed value relative to its peers.

A less obvious perspective is the lot size: while average for the area, it is below the city-wide average. This highlights that the property’s premium is driven by the building itself and its location, not by extensive outdoor space. It’s a home for those who prioritize interior space over a large yard.

Section 2: Frequently Asked Questions

1. Why is the assessed value so high compared to nearby homes?
The assessed value of $340k is in the top 1% for the Inkster-Faraday neighbourhood. This typically reflects the home’s larger living area, the renovated basement, and its overall condition and appeal relative to immediate comparables.

2. How does the living space compare to other homes?
With 1,580 sqft, this home is significantly larger than the local average. It ranks in the top 5% of homes in Inkster-Faraday, where comparable properties average about 1,025 sqft.

3. What does the sold price history show?
Public records indicate a sale in October 2019 in the range of $275,000 to $305,000. For the exact sold price, you can request details via email from the listing source.

4. Is the lot size a constraint?
The lot is 3,503 sqft, which is average for the street and neighbourhood but below the wider city average. It provides standard outdoor space for the area but is not an exceptionally large yard.

5. What are the implications of the home being built in 1952?
While 74 years old, it is newer than many homes in the immediate area, which often date to the 1930s and 40s. This can be an advantage, but a thorough inspection is always recommended to understand the condition of its major systems and any updates.

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