561 Inkster Boulevard

Inkster-Faraday, Winnipeg

Property score

56.1

Fair

Overall 56.1 · Newer than most nearby homes

1,159 sqft (top 32%) · Built in 1945 (15 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, 1 shop, and 7 parks nearby

Living Area

Near average

13% larger than neighborhood avg.

Year Built

Above average

15 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

56.1 is composed by the two sections below.

Property Score

51.0Fair
Living Area60
1,159 sqftFair
Year Built30
1945Low
Lot Size46
3,704 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

63.7Fair
Household Income70
Good
Education Level34
Low
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health60
Fair

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

around average
1,159 sqft
0255075100
Same streetTop 39%Same areaTop 32%CitywideBottom 46%
Same street · Inkster Boulevard
#225 / 582
Top 39% · Avg 1,143 sqft
Same area · Inkster-Faraday
#458 / 1,442
Top 32% · Avg 1,025 sqft
Citywide · Winnipeg
#104,983 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
248k
0255075100
Same streetBottom 45%Same areaTop 14%CitywideBottom 17%
Same street · Inkster Boulevard
#320 / 582
Bottom 45% · Avg 254.3k
Same area · Inkster-Faraday
#205 / 1,442
Top 14% · Avg 197.6k
Citywide · Winnipeg
#161,986 / 194,458
Bottom 17% · Avg 390.1k

Year Built

above average
1945
0255075100
Same streetTop 47%Same areaTop 19%CitywideBottom 22%

Lot Size

around average
3,704 sqft
0255075100
Same streetBottom 48%Same areaTop 42%CitywideBottom 22%

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

561 Inkster Boulevard — 9 amenities found within 500 m, across 3 categories, including 1 dining (nearest 432 m), 1 shopping (nearest 335 m), 7 parks (nearest 119 m).

Search radius
🍽️Dining1
🛒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 12/2020CA$200k–250k
Sold price

Same street

Bottom 27%

Same area

Top 45%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 561 Inkster Boulevard, Winnipeg

Property Overview: 561 Inkster Boulevard

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1945, presents a practical and updated living space in Winnipeg's Inkster-Faraday neighbourhood. Its key features include 1,159 sqft of living area, a renovated basement, and a detached garage, all situated on a 3,704 sqft lot.

The primary appeal lies in its solid, move-in-ready foundation with recent updates, notably the finished basement which adds valuable flexible space. From a neighbourhood perspective, the home stands out locally—its assessed value ranks well above average for Inkster-Faraday, suggesting it is a well-maintained property within its immediate community. This makes it a sensible choice for first-time homebuyers, small families, or practical investors seeking a character home with modern livability. It suits those who value a balance of established neighbourhood charm, functional updates, and a layout that offers clear separation of living and sleeping areas across its two floors.

Frequently Asked Questions

1. How does this home compare to others in the area?
The home is competitively positioned within Inkster-Faraday. Its living space is slightly above the neighbourhood average, and its assessed value is in the top 14% for the area, indicating it is likely in better condition or has more features than many comparable local properties.

2. What is the significance of the renovated basement?
A renovated basement immediately adds usable square footage for recreation, a home office, or extra storage without the need for a future investment. It’s a key feature that enhances the home's functionality from day one.

3. Is the detached garage a pro or a con?
This depends on preference. A detached garage can offer more flexibility for a workshop or projects without affecting the main house, but it means navigating outdoors in Winnipeg winters. For some buyers, this trade-off for extra space is worthwhile.

4. The home was last sold in late 2020. What does that indicate?
The 4-5 year ownership period suggests the sellers likely completed the basement renovation and other updates during their tenure, providing a home that has been recently refreshed rather than one that has been held long-term without change.

5. How does the lot size impact future potential?
At just under 3,800 sqft, the lot is very typical for the area. It provides adequate private outdoor space but is not oversized. This means future expansions like a large addition or pool would be challenging, but it also translates to less yard maintenance—a plus for many modern buyers.