38.7
Below average
Property score
38.7
Below average
Overall 38.7
Smaller than most nearby homes
664 sqft (bottom 9%)
Built in 1925 (5 yrs older 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, 1 school, 2 healthcare facilitys, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 66%Tagalog · 20%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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38.7 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: #46110908
$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
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
539 Polson Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 282 m), 1 education (nearest 485 m), 2 healthcare (nearest 371 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 21% | Bottom 33% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 539 Polson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Polson Avenue in the Inkster-Faraday neighbourhood is defined by its practicality and value. Its key characteristic is its compact size, with 664 sqft of living space, which is notably smaller than most area homes. This is paired with a renovated basement, an attached garage, and a standard city lot. The home’s assessed value is significantly below the citywide average, indicating a very accessible price point.
The primary appeal lies in its role as an efficient and affordable entry point into homeownership. It suits buyers seeking minimal upkeep, lower property taxes, and a straightforward living space without excess. It would be a practical fit for a first-time buyer, an investor looking for a rental property, or someone wanting to downsize and simplify. A less obvious perspective is that a smaller, well-located home like this can offer greater financial flexibility, freeing up resources for renovations, travel, or investment compared to a more burdensome mortgage.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 664 sqft, the home is compact. It will suit those who prioritize efficiency and low maintenance over spaciousness. The renovated basement provides crucial additional flexible space.
2. What does the "below average" assessed value mean?
The assessed value is well below Winnipeg averages, which typically translates to lower municipal property taxes. It is a strong indicator that this is a budget-conscious property.
3. What is the neighbourhood like?
Inkster-Faraday is an established, no-frills neighbourhood. The home’s metrics (like lot size and year built) are very typical for the area, suggesting it fits right in with the community's character of modest, older homes.
4. How old is the house, and will it need major work?
Built in 1925, the home is over a century old. While the basement has been renovated, prospective buyers should budget for and investigate the condition of major aged components, like the roof, plumbing, and wiring.
5. Why is the sold price history presented as a range?
The exact sale prices are not publicly available in Manitoba. The provided range is estimated from public data. You can request the precise historical sale figures directly from the listing service via the provided email option.
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