Property score
46.6
Below average
Overall 46.6 · 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 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 shop, 4 parks, and 1 place of worship 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)
538
247.5k
$193/sqft
1930
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46.6 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
598 Lansdowne Avenue — 6 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 414 m), 4 parks (nearest 164 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 37% | Top 10% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 598 Lansdowne Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Lansdowne Avenue is a practical entry point into Winnipeg’s Inkster-Faraday neighbourhood. Built in 1946, its key characteristic is affordability, underscored by a modest 806 sqft living area and an assessed value significantly below the city average. The lot size is a notable asset—at 4,225 sqft, it is above average for the immediate area, offering valuable outdoor space.
The appeal lies in its straightforward, no-frills potential. It suits first-time buyers, investors, or downsizers seeking a low-cost footprint with the flexibility to renovate or expand over time. The basement exists but is unrenovated, presenting a blank canvas. Its recent sale in early 2024 suggests a market for turnkey-ready buyers is less likely; this property is for those comfortable with a project or who prioritize land value and location over a modernized interior. A thoughtful perspective is that, while the home itself is below area averages in size and value, the lot provides a relative scarcity—space—in an established neighbourhood, which can be a strategic long-term advantage.
Section 2: Frequently Asked Questions
1. What is the true condition of the home?
The listing notes an unrenovated basement and living area below neighbourhood averages. Prospective buyers should budget for inspections, as a home of this age likely requires updates to major systems, insulation, and finishes.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the home’s smaller size, age, and likely condition compared to the broader Winnipeg market. It is more in line with averages in the Inkster-Faraday area, indicating it is typical for this specific, more affordable locale.
3. Is there potential for an addition or major renovation?
The above-average lot size for the area provides physical space for potential expansion, subject to zoning bylaws and permit approvals. The existing floor plan and structure should be evaluated by a contractor for feasibility.
4. How does this property compare to others recently sold nearby?
Nearby sales on Lansdowne and Inkster Boulevard show homes of similar age but with more living area and slightly higher assessed values. This highlights 598 Lansdowne’s position as a more compact, value-oriented option in the vicinity.
5. What are the immediate next steps if interested?
Given the manual process noted for obtaining exact sale prices, start by requesting that detailed history from the site. Then, arrange a viewing to assess condition firsthand and consult with a real estate professional to understand renovation costs and financing options for a non-renovated property.
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