576 Lansdowne Avenue

Inkster-Faraday, Winnipeg

Property score

54.5

Fair

Overall 54.5 · Newer than most nearby homes

1,069 sqft (top 42%) · 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 6 parks nearby

Living Area

Near average

4% 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

54.5 is composed by the two sections below.

Property Score

48.3Low
Living Area1,069 sqft52Fair
Year Built194530Low
Lot Size4,605 sqft60Fair
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

around average
1,069 sqft
0255075100
Same streetBottom 46%Same areaTop 42%CitywideBottom 36%
Same street · Lansdowne Avenue
#292 / 545
Bottom 46% · Avg 1,124 sqft
Same area · Inkster-Faraday
#609 / 1,442
Top 42% · Avg 1,025 sqft
Citywide · Winnipeg
#125,397 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
256k
0255075100
Same streetTop 44%Same areaTop 11%CitywideBottom 19%
Same street · Lansdowne Avenue
#242 / 545
Top 44% · Avg 254.2k
Same area · Inkster-Faraday
#165 / 1,442
Top 11% · Avg 197.6k
Citywide · Winnipeg
#158,387 / 194,458
Bottom 19% · Avg 390.1k

Year Built

above average
1945
0255075100
Same streetTop 40%Same areaTop 19%CitywideBottom 22%

Lot Size

above average
4,605 sqft
0255075100
Same streetTop 40%Same areaTop 18%CitywideBottom 36%

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

576 Lansdowne Avenue — 8 amenities found within 500 m, across 3 categories, including 1 dining (nearest 477 m), 1 shopping (nearest 381 m), 6 parks (nearest 147 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks6

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 5/2021CA$250k–300k
Sold price

Same street

Top 23%

Same area

Top 5%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 576 Lansdowne Avenue, Winnipeg

Property Overview & Key Characteristics

This one-and-a-half storey home on Lansdowne Avenue presents a practical, no-frills opportunity in Winnipeg's Inkster-Faraday neighbourhood. Built in 1945, its key appeal lies in its solid, average metrics for the immediate area, suggesting a stable and predictable investment. With 1,069 sqft of living space, a renovated basement, and a detached garage on a 4,605 sqft lot, it offers the essential components of single-family living. The home’s assessed value is notably above average for the Inkster-Faraday area, which can indicate perceived stability or recent improvements, though it sits below the city-wide average—a common profile for established neighbourhoods.

Its appeal is grounded in functionality and value within its local context. It would suit first-time buyers seeking an entry point without major surprises, practical investors looking for a manageable rental property, or downsizers who value a main-floor living setup with a finished basement for extra space. A thoughtful perspective is that while its city-wide rankings are modest, its strong standing within its own neighbourhood suggests a property that is well-aligned with local demand and community norms, often a sign of a sensible purchase.


Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The assessed value of $25,600 ranks in the top 11% for the Inkster-Faraday area, meaning it is valued higher than most comparable homes nearby. This could reflect factors like the renovated basement, lot size, or overall condition.

2. Is the living space smaller than average?
At 1,069 sqft, the living area is very close to the average for both the street and the wider neighbourhood. It provides a typical footprint for homes of this style and era in the area.

3. What does the "above average" year built ranking mean?
Built in 1945, this home is newer than many in Inkster-Faraday (ranking in the top 19%). This is a relative point; while 81 years old, it may have benefited from building practices or updates from a slightly later period than immediate peers.

4. What is the likely price range based on history?
The property last sold in May 2021 for an estimated $27,500-$30,500. This provides a recent benchmark, but current market conditions and any further updates will determine today’s value.

5. How does the lot size impact potential?
The 4,605 sqft lot is above average for the neighbourhood, offering more outdoor space than many nearby properties. This allows for greater privacy, gardening, or future outdoor amenities compared to tighter lots.

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