581 Lansdowne Avenue

Inkster-Faraday, Winnipeg

Property score

47.3

Below average

Overall 47.3 · Smaller but newer than most nearby homes

806 sqft (bottom 28%) · Built in 1946 (16 yrs newer than avg)

Located in a above-average income area with median household income of ~69k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 shop, and 6 parks nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Above average

16 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

47.3 is composed by the two sections below.

Property Score

36.3Low
Living Area806 sqft32Low
Year Built194630Low
Lot Size4,855 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

below average
806 sqft
0255075100
Same streetBottom 14%Same areaBottom 28%CitywideBottom 9%
Same street · Lansdowne Avenue
#467 / 545
Bottom 14% · Avg 1,124 sqft
Same area · Inkster-Faraday
#1,034 / 1,442
Bottom 28% · Avg 1,025 sqft
Citywide · Winnipeg
#176,116 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
229k
0255075100
Same streetBottom 38%Same areaTop 26%CitywideBottom 13%
Same street · Lansdowne Avenue
#338 / 545
Bottom 38% · Avg 254.2k
Same area · Inkster-Faraday
#368 / 1,442
Top 26% · Avg 197.6k
Citywide · Winnipeg
#169,413 / 194,458
Bottom 13% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetTop 37%Same areaTop 13%CitywideBottom 23%

Lot Size

above average
4,855 sqft
0255075100
Same streetTop 32%Same areaTop 13%CitywideBottom 41%

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

581 Lansdowne Avenue — 7 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 444 m), 6 parks (nearest 205 m).

Search radius
🛒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 11/2017CA$200k–250k
Sold price

Same street

Bottom 44%

Same area

Top 23%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 581 Lansdowne Avenue, Winnipeg

Property Summary: 581 Lansdowne Avenue

Section 1: Overview & Appeal

This one-storey home on a spacious lot in Inkster-Faraday presents a practical and affordable entry point into Winnipeg’s housing market. Its key characteristic is balance: while the 806 sqft living area is modest, it sits on a larger-than-average lot for the neighbourhood (4,855 sqft), offering valuable outdoor space and future potential. The home’s assessed value is notably above average for the immediate area, suggesting it may be in better condition or offer more value than many nearby properties. A renovated basement adds functional living space.

The appeal lies in its efficiency and lot size. It suits first-time buyers or practical investors looking for a lower-maintenance, single-level layout without sacrificing yard space. It’s a home for those who prioritize a solid foundation and location over square footage, seeing value in the land and the opportunity to personalize over time. A thoughtful perspective is that, for its era (built 1946), it is a relatively newer home in an established neighbourhood, potentially meaning fewer concerns associated with very early 20th-century construction.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others?
The living area is compact at 806 sqft, which is below average for the street, neighbourhood, and city. This indicates a efficient, likely cozy layout, with the renovated basement providing additional usable space.

2. Is the assessed value high for the area?
Yes. The assessed value ranks in the top 26% for the Inkster-Faraday neighbourhood, meaning it is assessed higher than most comparable homes nearby. This can sometimes reflect updates, condition, or desirable lot attributes.

3. What is the significance of the lot size?
The lot is a standout feature at 4,855 sqft, ranking in the top 13% for the neighbourhood. This provides ample private outdoor space, which is less common in the area, and could allow for expansions, gardening, or additions subject to zoning.

4. What can recent sale history tell us?
The home sold in late 2017 for an estimated $21.5k-$24.5k. This historical price point confirms its long-standing position as an affordable property. For context, a very similar neighbour (561 Lansdowne) is listed for reference.

5. Who are the typical neighbours?
The immediate neighbours on Lansdowne Avenue are homes of a similar vintage and scale, creating a consistent streetscape. The "similar assessed value" list includes properties across various neighbourhoods, highlighting that this home’s official valuation is comparable to some in areas like Westdale and Elmhurst.

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