593 Polson Avenue

Inkster-Faraday, Winnipeg

Property score

40.7

Below average

Overall 40.7 · Smaller and older than most nearby homes

748 sqft (bottom 20%) · Built in 1911 (19 yrs older than avg)

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

Transit 80.0 · 3-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

27% smaller than neighborhood avg.

Year Built

Below average

19 yrs older 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

40.7 is composed by the two sections below.

Property Score

25.4Low
Living Area748 sqft22Low
Year Built191116Low
Lot Size3,915 sqft46Low
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
748 sqft
0255075100
Same streetBottom 11%Same areaBottom 20%CitywideBottom 6%
Same street · Polson Avenue
#520 / 583
Bottom 11% · Avg 1,066 sqft
Same area · Inkster-Faraday
#1,149 / 1,442
Bottom 20% · Avg 1,025 sqft
Citywide · Winnipeg
#182,396 / 194,458
Bottom 6% · Avg 1,342 sqft

Tax-Assessed Value

around average
203k
0255075100
Same streetBottom 35%Same areaTop 46%CitywideBottom 9%
Same street · Polson Avenue
#380 / 583
Bottom 35% · Avg 241.2k
Same area · Inkster-Faraday
#659 / 1,442
Top 46% · Avg 197.6k
Citywide · Winnipeg
#177,659 / 194,458
Bottom 9% · Avg 390.1k

Year Built

below average
1911
0255075100
Same streetBottom 27%Same areaBottom 11%CitywideBottom 7%

Lot Size

around average
3,915 sqft
0255075100
Same streetTop 40%Same areaTop 35%CitywideBottom 24%

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 Polson Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 343 m), 2 healthcare (nearest 409 m), 1 shopping (nearest 269 m).

Search radius
🍽️Dining1
🏥Healthcare2
🛒Shopping1
🌳Parks6
Worship2

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 5/2022CA$200k–250k
Sold price

Same street

Bottom 47%

Same area

Top 33%

City-wide

Bottom 15%
Sold 6/2019CA$150k–200k
Sold price

Same street

Bottom 21%

Same area

Bottom 33%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 593 Polson Avenue, Winnipeg

Property Overview: 593 Polson Avenue

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1911, is a compact and character-filled property in Winnipeg's Inkster-Faraday neighbourhood. With 748 sqft of living space and a renovated basement, it offers a practical footprint. The home sits on a standard city lot of approximately 3,915 sqft and includes a detached garage.

Its primary appeal lies in its affordability and efficiency, reflected in its below-average assessed value relative to the wider city. This is a straightforward, no-frills property that prioritizes function over size. The recent basement renovation adds modern utility to the historic structure.

This home would best suit first-time buyers, downsizers, or pragmatic investors seeking an entry point into the market with lower carrying costs. It appeals to those who value a manageable space without the upkeep of a larger property and who appreciate the potential charm of an older home. A thoughtful perspective is that its smaller size and lot represent a lower environmental footprint and reduced maintenance time, offering a lifestyle of simplicity rather than scarcity.

Section 2: Frequently Asked Questions

1. Is the house unusually small?
Yes, at 748 sqft, the living area is notably below the average for Winnipeg. However, it is more comparable in size to other homes on Polson Avenue and within the Inkster-Faraday neighbourhood itself.

2. What does the assessed value indicate?
The assessed value is around average for its immediate street and neighbourhood, but is significantly below the Winnipeg citywide average. This typically suggests a more accessible price point, though the final sale price is determined by the market.

3. How old is the property, and what does that mean?
Built in 1911, the home is over 110 years old. Buyers should budget for maintenance consistent with a century-old structure, but can also expect character details not found in newer builds. A professional inspection is highly recommended.

4. What is the neighbourhood like?
Inkster-Faraday is an established, central neighbourhood. The listing shows the property is surrounded by similar, closely spaced homes, indicating a traditional, tight-knit community feel.

5. Where can I find exact past sale prices?
The listed sale price ranges are estimates from public data. The page notes that you can request the exact historical sale prices by emailing the hosting service, which provides them manually without using your email for marketing.

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