593 Boyd Avenue

Inkster-Faraday, Winnipeg

Property score

35.2

Below average

Overall 35.2 · Smaller and older than most nearby homes

720 sqft (bottom 17%) · Built in 1911 (19 yrs older than avg)

Located in a above-average income area with median household income of ~65k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 3 shops, 3 parks, and 1 bank/ATM nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Below average

19 yrs older than neighborhood avg.

Mother tongue

English · 65%Tagalog · 24%

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

35.2 is composed by the two sections below.

Property Score

21.2Low
Living Area720 sqft22Low
Year Built191116Low
Lot Size2,276 sqft18Low
Neighbourhood Sales Activity42Low

Community Score

56.1Fair
Household Income68Good
Education Level34Low
Housing Stress63Fair
Core Housing Need38Low
Employment Health52Fair

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: #46110920

Community deep dive

$65K

Median household income

$67K

Average household income

23%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

21%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)541
Labour force participation rate62%
Median age32.0
Avg household size3.2
Unemployment rate16%
Population density6011 / km²

Households & income

Low income (LIM-AT, % pop.)23%
Single-person households21%
Couple families with children30%
Median household income (2020)$65K

Housing

Renter households43%
Condominium dwellings0%
Median dwelling value (owners)$160K

Diversity, education & language

Immigrants (share of pop.)42%
Visible minority46%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Tagalog · 24%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
720 sqft
0255075100
Same streetBottom 17%Same areaBottom 17%CitywideBottom 5%
Same street · Boyd Avenue
#401 / 484
Bottom 17% · Avg 1,047 sqft
Same area · Inkster-Faraday
#1,201 / 1,442
Bottom 17% · Avg 1,025 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

below average
103k
0255075100
Same streetBottom 12%Same areaBottom 3%CitywideBottom 1%
Same street · Boyd Avenue
#425 / 484
Bottom 12% · Avg 167.7k
Same area · Inkster-Faraday
#1,399 / 1,442
Bottom 3% · Avg 197.6k
Citywide · Winnipeg
#193,274 / 194,458
Bottom 1% · Avg 390.1k

Year Built

around average
1911
0255075100
Same streetBottom 30%Same areaBottom 11%CitywideBottom 7%

Lot Size

below average
2,276 sqft
0255075100
Same streetBottom 4%Same areaBottom 3%CitywideBottom 2%

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

593 Boyd Avenue — 15 amenities found within 500 m, across 6 categories, including 2 education (nearest 347 m), 3 shopping (nearest 142 m), 3 parks (nearest 329 m).

Search radius
🏫Education2
🛒Shopping3
🌳Parks3
🏦Finance1
Worship5
🏛️Government1

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 12/2016CA$50k–100k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 593 Boyd Avenue, Winnipeg

Property Overview: 593 Boyd Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1911, situated on a modest lot in the Inkster-Faraday neighbourhood. Its key characteristics are its notably small size (720 sq ft of living space) and its very low municipal assessed value, which is among the lowest in the city. The home has a basement, but it is not renovated, and there is no garage or pool.

The primary appeal lies in its position as an entry-point property. It represents one of the most accessible price points in the Winnipeg market, suited for a buyer with minimal upfront capital. It could serve as a straightforward renovation project for a hands-on owner, a long-term hold for a value-focused investor, or a functional starter home where location and neighbourhood are prioritized over square footage. The home’s age and condition suggest it is a canvas for personalization rather than a move-in-ready space. A thoughtful perspective for the right buyer is the potential for efficient, low-cost living; its small footprint means lower utility costs and less maintenance, which can be a strategic financial advantage.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's small size, age, and unrenovated condition relative to most homes in Winnipeg. It is characteristic of a niche segment of the market with very basic amenities.

2. What type of renovation would this home likely need?
Given its age and unrenovated basement, buyers should budget for foundational updates like electrical, plumbing, and insulation, alongside any cosmetic modernizations. The limited square footage means renovations would need to be highly efficient and well-planned.

3. Is the small lot size a significant drawback?
The lot is smaller than average for the area, which limits expansion potential and outdoor space. However, it also means less yard maintenance, which could be viewed as a practical benefit for some owners.

4. Who would this property not be suitable for?
It would not suit a family needing multiple bedrooms or ample living space, anyone seeking a turn-key or modern home, or a buyer who is not prepared for the likely maintenance and improvement needs of a 115-year-old structure.

5. How reliable are the sold price ranges shown?
The ranges are based on public data. For precise historical sale figures, you must request the exact sold price via email, as the provider manually verifies and supplies this detail to ensure accuracy.

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