Property score
41.7
Below average
Overall 41.7 · Smaller but newer than most nearby homes
792 sqft (bottom 26%) · Built in 1944 (14 yrs newer than avg)
Located in a above-average income area with median household income of ~69k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 healthcare facilitys, 1 shop, and 6 parks nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Above average
14 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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41.7 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
580 Polson Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 279 m), 2 healthcare (nearest 348 m), 1 shopping (nearest 205 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 39% | Top 17% | Bottom 22% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 24% | Bottom 37% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 580 Polson Avenue in Winnipeg’s Inkster-Faraday neighbourhood presents a practical and straightforward opportunity. Built in 1944, its key appeal lies in its relative value within its immediate area. The 792 sqft living space is compact, placing it below the average size for similar homes nearby, but it sits on a standard city lot of approximately 3,549 sqft. A notable feature is the renovated basement, adding functional space, and the property includes a detached garage.
The home’s strongest characteristic is its financial positioning within the local market. While its size is modest by broader city standards, its assessed value ranks well above average for the Inkster-Faraday area, suggesting it is viewed as a solid asset in this specific community. This dynamic makes it a compelling option for first-time buyers or investors seeking an entry point into the Winnipeg market without the premium of a larger home. It would also suit those looking for a low-maintenance, single-level layout with updated fundamentals. The appeal is grounded in practicality and location-specific value rather than luxury or size.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The assessed value is notably strong for the Inkster-Faraday neighbourhood, ranking in the top 9% locally. This indicates that, compared to its immediate peers, this property is considered a higher-value asset.
2. Is the living space particularly small?
At 792 sqft, the living area is below the average for similar homes on Polson Avenue and in Winnipeg overall. The renovated basement, however, provides additional usable space to offset the compact main-floor footprint.
3. What does the sale history tell us?
The home sold previously in 2016 and 2020. The increase in sale price range between those dates aligns with the above-average assessed value for the area, indicating steady local market appreciation during that period.
4. Who might this property not suit?
Buyers needing significant above-grade square footage, modern open-concept layouts, or extensive yard space may find this home limiting. Its strengths are in its value proposition and functional updates rather than spaciousness.
5. What is the significance of the lot size?
The lot is fairly typical for the street and neighbourhood. It offers standard outdoor space for a city home but is below the Winnipeg city-wide average, reflecting the denser, established nature of the area.
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