605 Boyd Avenue

Inkster-Faraday, Winnipeg

Property score

35.9

Below average

Overall 35.9 · Smaller but newer than most nearby homes

648 sqft (bottom 7%) · Built in 1960 (30 yrs newer 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

37% smaller than neighborhood avg.

Year Built

Above average

30 yrs newer 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

35.9 is composed by the two sections below.

Property Score

22.4Low
Living Area15
648 sqftLow
Year Built43
1960Low
Lot Size18
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

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
648 sqft
0255075100
Same streetBottom 10%Same areaBottom 7%CitywideBottom 2%
Same street · Boyd Avenue
#434 / 484
Bottom 10% · Avg 1,047 sqft
Same area · Inkster-Faraday
#1,339 / 1,442
Bottom 7% · Avg 1,025 sqft
Citywide · Winnipeg
#191,159 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
157k
0255075100
Same streetBottom 46%Same areaBottom 24%CitywideBottom 4%
Same street · Boyd Avenue
#262 / 484
Bottom 46% · Avg 167.7k
Same area · Inkster-Faraday
#1,101 / 1,442
Bottom 24% · Avg 197.6k
Citywide · Winnipeg
#187,403 / 194,458
Bottom 4% · Avg 390.1k

Year Built

Elite
1960
0255075100
Same streetTop 7%Same areaTop 4%CitywideBottom 42%

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

605 Boyd Avenue — 15 amenities found within 500 m, across 6 categories, including 2 education (nearest 340 m), 3 shopping (nearest 131 m), 3 parks (nearest 339 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 2/2022CA$150k–200k
Sold price

Same street

Bottom 45%

Same area

Bottom 26%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 605 Boyd Avenue, Winnipeg

Property Summary: 605 Boyd Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on Boyd Avenue in the Inkster-Faraday neighbourhood is defined by its practicality and position as an entry point into the Winnipeg market. Its key characteristic is its compact size, with 648 sqft of living space, which is notably smaller than most area homes. The basement exists but is unrenovated, and the property does not include a garage or pool. The lot is also smaller than average for the city.

The appeal lies primarily in its affordability and lower property taxes, as reflected in its well-below-average assessed value. For its immediate street and neighbourhood, it is a relatively newer build (1960), which may suggest fewer concerns associated with much older Winnipeg housing stock. This is a straightforward property that suits a specific buyer: first-time purchasers or investors seeking a low-cost holding with minimal upfront financial barrier. It would also suit someone looking for a modest, manageable footprint without the upkeep of a larger home or yard. A less obvious perspective is that its smaller size and lot could represent a lower environmental footprint and reduced utility costs, aligning with a minimalist or efficiency-focused lifestyle.

Section 2: Frequently Asked Questions

1. Is this a "tiny home"?
While not marketed as such, at 648 sqft, it falls well below the average Winnipeg home size and could function as a minimalist or compact urban living space.

2. Why is the assessed value so much lower than the citywide average?
The assessed value is based on the property's specific attributes—its small living area, smaller lot, and basic features—relative to the broader market. It reflects a proportional value for a more modest asset.

3. What does the "unrenovated basement" mean for a buyer?
It indicates the basement is in a functional but basic state, likely suitable for storage or utilities. A buyer should budget for potential moisture-proofing, insulation, or finishing if they wish to use it as living space.

4. How does the smaller lot size impact the property?
The smaller lot (2,276 sqft) means less outdoor maintenance, which can be a benefit. However, it also limits potential for expansions, additions, or extensive landscaping.

5. The sold price history shows a range. How can I get the exact figure?
The exact sold price is available by request via email from the listing source. This manual process is used to ensure data accuracy for serious inquiries.