597 Lansdowne Avenue

Inkster-Faraday, Winnipeg

Property score

57.3

Fair

Overall 57.3 · Newer than most nearby homes

1,144 sqft (top 33%) · Built in 1946 (16 yrs newer than avg)

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

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 shop, and 5 parks nearby

Living Area

Near average

12% larger 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

57.3 is composed by the two sections below.

Property Score

53.1Fair
Living Area1,144 sqft60Fair
Year Built194630Low
Lot Size4,622 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
1,144 sqft
0255075100
Same streetTop 44%Same areaTop 33%CitywideBottom 44%
Same street · Lansdowne Avenue
#240 / 545
Top 44% · Avg 1,124 sqft
Same area · Inkster-Faraday
#481 / 1,442
Top 33% · Avg 1,025 sqft
Citywide · Winnipeg
#108,256 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
258k
0255075100
Same streetTop 43%Same areaTop 10%CitywideBottom 19%
Same street · Lansdowne Avenue
#236 / 545
Top 43% · Avg 254.2k
Same area · Inkster-Faraday
#150 / 1,442
Top 10% · Avg 197.6k
Citywide · Winnipeg
#157,493 / 194,458
Bottom 19% · Avg 390.1k

Year Built

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

Lot Size

above average
4,622 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

597 Lansdowne Avenue — 6 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 466 m), 5 parks (nearest 217 m).

Search radius
🛒Shopping1
🌳Parks5

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 11/2024CA$300k–350k
Sold price

Same street

Top 17%

Same area

Top 2%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 597 Lansdowne Avenue, Winnipeg

Property Overview: 597 Lansdowne Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home on Lansdowne Avenue in Inkster-Faraday presents a practical and value-conscious opportunity. Built in 1946, it features 1,144 sqft of living space, a renovated basement, and a detached garage on a 4,622 sqft lot.

Its primary appeal lies in its strong positioning within its immediate neighbourhood. The data shows that for Inkster-Faraday, this home ranks well above average in assessed value (top 10%) and land area (top 18%), suggesting it is a comparatively substantial property for the area. It offers the space and utility of a classic Winnipeg home without a premium city-wide price tag, as evidenced by its most recent sale in late 2024. The renovated basement adds functional living space.

This property would suit first-time buyers seeking a solid entry point with room to grow, or investors looking for a character home with established value in a neighbourhood context. It’s a home for those who appreciate a property that stands out locally for its lot size and assessment, rather than one competing with newer suburban builds. A thoughtful perspective is that its "above average" status in the neighbourhood could offer a degree of insulation from market fluctuations specific to this community.

Section 2: Frequently Asked Questions

1. How does this home compare to others in the area?
Within the Inkster-Faraday neighbourhood, this home ranks above average in key metrics like assessed value and land area. This means you are getting more lot space and a higher assessed value than most comparable homes nearby, while the living space is generally on par with the area average.

2. What is the significance of the "renovated basement"?
While specific finishes aren't detailed, a renovated basement typically means the space is finished as livable area, adding functional square footage for recreation, storage, or additional rooms. It’s a key utility feature that adds immediate usability.

3. The home was built in 1946. What should I consider?
As an 80-year-old character home, prospective buyers should budget for potential updates to major aging components like plumbing, electrical, or the roof. A thorough home inspection is essential. The positive trade-off is often the quality of materials, larger lot size, and established neighbourhood feel not found in newer builds.

4. The city-wide assessed value ranking seems low. Why?
The assessed value is below the city-wide average because it reflects the home’s value within the broader Winnipeg market, which includes many newer, higher-valued suburbs. This ranking highlights the property's affordability on a city scale, while its strong neighbourhood ranking confirms its relative value within Inkster-Faraday.

5. Where can I find the exact historical sold prices?
The exact sold prices are not publicly displayed in detail due to data privacy practices. The listing service provides an estimated sold price range (e.g., $30.50k ~ $33.50k for Nov 2024) and offers to provide the precise figure via email upon request, which they handle manually.

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