601 Boyd Avenue

Inkster-Faraday, ਵਿਨੀਪਿਗ

Property score

45.2

Below average

Overall 45.2 · Older than most nearby homes

1,055 sqft (top 44%) · Built in 1905 (25 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

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

3% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

25 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

45.2 is composed by the two sections below.

Property Score

38.0Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ52
1,055 sqftFair
ਤਰੀਕ ਤੋਂ ਬਣਿਆ10
1905Low
ਜ਼ਮੀਨ18
2,276 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

56.1Fair
Household Income68
Good
Education Level34
Low
Housing Stress63
Fair
Core Housing Need38
Low
Employment Health52
Fair

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Inkster-Faraday

How to read: Share of sales in each ~$50k price band for “inkster-faraday” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
1,055 sqft
0255075100
Same streetਟਾਪ 39%Same areaਟਾਪ 44%Citywideਹੇਠਲੇ 34%
Same street · Boyd Avenue
#191 / 484
ਟਾਪ 39% · ਔਸਤ 1,047 sqft
Same area · Inkster-Faraday
#639 / 1,442
ਟਾਪ 44% · ਔਸਤ 1,025 sqft
Citywide · ਵਿਨੀਪਿਗ
#128,443 / 194,458
ਹੇਠਲੇ 34% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
139k
0255075100
Same streetਹੇਠਲੇ 35%Same areaਹੇਠਲੇ 14%Citywideਹੇਠਲੇ 2%
Same street · Boyd Avenue
#316 / 484
ਹੇਠਲੇ 35% · ਔਸਤ 167.7k
Same area · Inkster-Faraday
#1,242 / 1,442
ਹੇਠਲੇ 14% · ਔਸਤ 197.6k
Citywide · ਵਿਨੀਪਿਗ
#190,055 / 194,458
ਹੇਠਲੇ 2% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
1905
0255075100
Same streetਹੇਠਲੇ 11%Same areaਹੇਠਲੇ 1%Citywideਹੇਠਲੇ 2%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
2,276 sqft
0255075100
Same streetਹੇਠਲੇ 4%Same areaਹੇਠਲੇ 3%Citywideਹੇਠਲੇ 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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

601 Boyd Avenue — 15 amenities found within 500 m, across 6 categories, including 2 education (nearest 342 m), 3 shopping (nearest 133 m), 3 parks (nearest 336 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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

4/2022 ਵਿਚ ਵਿਕਿਆCA$150k–200k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 42%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 22%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 4%
11/2017 ਵਿਚ ਵਿਕਿਆCA$100k–150k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 15%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 6%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 1%

Related homes

ਵਿਨੀਪਿਗ 601 Boyd Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 601 Boyd Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1905, presents a straightforward opportunity in Winnipeg's Inkster-Faraday neighbourhood. With 1,055 sqft of living space, its size is typical for the immediate area but modest by wider city standards. The property features a basement that has not been renovated and does not include a garage or pool.

The primary appeal lies in its accessibility and value. The home's assessed value is notably low, positioning it well below the averages for both the neighbourhood and the entire city. This, combined with its historically low sale prices, suggests an entry point into the market with very manageable property taxes. The lot, while smaller than most in Winnipeg, is consistent with the scale of older, central neighbourhoods.

This property would best suit a pragmatic, hands-on buyer. It’s a clear candidate for an investor looking for a rental property with low carrying costs, or a first-time homebuyer with renovation skills who prioritizes low monthly expenses over move-in-ready condition. Its age and unrenovated state mean it is not suited for someone seeking modern finishes or a maintenance-free lifestyle.

A less obvious perspective is its potential as a "right-sized" home in an era of increasingly large houses. For a single person, couple, or small family, the living space is efficient and may align with simpler living. Additionally, its age places it among the older housing stock in the city, offering a tangible connection to Winnipeg's architectural history, albeit one requiring stewardship.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
Assessed value is based on market value for taxation purposes. This valuation reflects the home's age, condition, smaller lot size, and the market dynamics of its specific neighbourhood compared to newer or more renovated homes across Winnipeg.

2. What does "basement, not renovated" typically imply?
It indicates the basement is in original or functional condition, but not modernized. Buyers should budget for potential updates to flooring, walls, or mechanical systems and anticipate a inspection to assess foundations and moisture control common in century-old homes.

3. How does the lack of a garage affect daily living?
Parking will be on-street. This is a common trade-off in older, central neighbourhoods and requires consideration for vehicle security, winter plug-ins, and convenience, especially if multiple vehicles are owned.

4. The home sold in 2022 and 2017. What does that sales history suggest?
The previous sale prices were consistently in a low range, reinforcing the property's position as a value-oriented entry in the market. The relatively quick turnaround may indicate it has been used as a rental or investment property.

5. Is the smaller lot size a major disadvantage?
It limits expansive outdoor space for gardening or recreation, which is a consideration for some. However, it also means less yard maintenance and a proportionally lower property tax burden, which can be an advantage for those seeking low upkeep.