Property score
63.2
Fair
Overall 63.2 · Larger and newer than most nearby homes
1,344 sqft (top 13%) · Built in 1948 (18 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 shop, and 5 parks nearby
Living Area
Above average
31% larger than neighborhood avg.
Year Built
Above average
18 yrs newer 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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63.2 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
551 Lansdowne Avenue — 6 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 422 m), 5 parks (nearest 225 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 42% | Top 12% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 551 Lansdowne Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Lansdowne Avenue is defined by its generous, above-average lot size—a standout feature placing it in the top 2% of properties in its immediate area and neighborhood. With 6,474 square feet of land, it offers significant outdoor space and potential that is rare for the Inkster-Faraday area. The 1,344 sqft living area is comfortably sized, ranking well above local averages. A renovated basement and a detached garage add to its functional appeal.
The home’s primary appeal lies in this balance of established character and practical space. It suits buyers looking for a home with room to grow, garden, or entertain outdoors without moving to the city's outskirts. It’s particularly well-matched for those who value a larger private yard over a brand-new build, as the house itself is from 1948. The assessed value is strong for the neighborhood, suggesting a solid investment within a community context, even if it’s more modest by wider city standards. This property is ideal for a practical buyer—perhaps a young family, a hands-on homeowner, or an investor—who sees the lasting value in land and is comfortable with the upkeep of a mature home.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg properties?
The lot is 6,474 sqft, which is significantly larger than most in the Inkster-Faraday area (top 2%) and remains above average citywide. This is one of the property's most defining assets.
2. What does the "above average" assessed value for the neighborhood mean?
It means that, compared to similar homes in Inkster-Faraday, this property’s assessed value is in the top 7%. This can indicate a well-maintained home or desirable lot within its local market, though assessments are not market valuations.
3. The home was built in 1948. What should I consider?
While the basement has been renovated, a home of this age will likely have older core systems (like plumbing or electrical) and require a thorough inspection. The character and build quality can be excellent, but budget for ongoing maintenance.
4. How does the living space feel for a 1,344 sqft home?
The layout across one-and-a-half storeys can feel spacious, but room sizes and flow depend on the specific floor plan. It’s advisable to visit to see if the space meets your needs, as square footage alone doesn’t capture layout efficiency.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. For the precise sale price from March 2020, you must request it directly via the email tool provided on the listing page. The service is manual but prompt, with no marketing spam.
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