611 Polson Avenue

Inkster-Faraday, Winnipeg

Property score

43.6

Below average

Overall 43.6 · Older than most nearby homes

887 sqft (bottom 38%) · Built in 1911 (19 yrs older than avg)

Located in a above-average income area with median household income of ~80k

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

13% smaller than neighborhood avg.

Year Built

Below average

19 yrs older than neighborhood avg.

Mother tongue

English · 62%Tagalog · 26%

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

43.6 is composed by the two sections below.

Property Score

31.4Low
Living Area887 sqft32Low
Year Built191116Low
Lot Size3,984 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

62.0Fair
Household Income77Good
Education Level22Low
Housing Stress52Fair
Core Housing Need63Fair
Employment Health76Good

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: #46110926

Community deep dive

$80K

Median household income

$85K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

29%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)743
Labour force participation rate74%
Median age36.8
Avg household size2.8
Unemployment rate11%
Population density3910 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households29%
Couple families with children31%
Median household income (2020)$80K

Housing

Renter households12%
Condominium dwellings3%
Median dwelling value (owners)$220K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority50%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Tagalog · 25%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
887 sqft
0255075100
Same streetBottom 25%Same areaBottom 38%CitywideBottom 15%
Same street · Polson Avenue
#436 / 583
Bottom 25% · Avg 1,066 sqft
Same area · Inkster-Faraday
#888 / 1,442
Bottom 38% · Avg 1,025 sqft
Citywide · Winnipeg
#164,901 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

below average
163k
0255075100
Same streetBottom 14%Same areaBottom 27%CitywideBottom 4%
Same street · Polson Avenue
#503 / 583
Bottom 14% · Avg 241.2k
Same area · Inkster-Faraday
#1,046 / 1,442
Bottom 27% · Avg 197.6k
Citywide · Winnipeg
#186,366 / 194,458
Bottom 4% · Avg 390.1k

Year Built

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

Lot Size

around average
3,984 sqft
0255075100
Same streetTop 37%Same areaTop 33%CitywideBottom 25%

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

611 Polson Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 395 m), 2 healthcare (nearest 449 m), 1 shopping (nearest 333 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 6/2019CA$150k–200k
Sold price

Same street

Bottom 21%

Same area

Bottom 33%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 611 Polson Avenue, Winnipeg

Property Summary: 611 Polson Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1911, situated on a standard-sized lot in the Inkster-Faraday neighbourhood. Its key characteristic is its affordability, reflected in a well-below-average assessed value. The living space of 887 sq ft is modest, ranking below average for the city, and the home features a detached garage and an unrenovated basement.

The primary appeal lies in its position as a potential entry point into the Winnipeg housing market. It suits buyers with a limited budget, such as first-time homeowners or investors seeking a rental property, who are prepared for a home that likely requires updates. A thoughtful perspective is that its older age and smaller size could translate to lower utility costs and simpler maintenance compared to larger, newer homes. It represents a practical, no-frills opportunity where the value is in the land and the structure, offering a canvas for future improvement.

Section 2: Frequently Asked Questions

1. What does "below average" for assessed value actually mean?
The home's assessed value is significantly lower than most comparable properties in Winnipeg, indicating its official valuation is in the bottom 15% citywide. This typically correlates with a lower purchase price and property taxes.

2. Is the unrenovated basement finished or usable?
The listing specifies the basement is "not renovated." Buyers should assume it is in original or rough condition, suitable for storage and utilities but not finished living space, and budget accordingly for any desired improvements.

3. How does the lot size compare to others?
At just under 4,000 sq ft, the lot is fairly typical for its immediate street and area, though smaller than the Winnipeg city average. It provides standard outdoor space for a home of this era and type.

4. The home sold in 2019 for a very low price. Why?
The sold price history shows a range of $14.5k-$17.5k in 2019, which is consistent with its low assessed value. This confirms the property's longstanding position as a deeply affordable option, likely due to its age, size, and condition.

5. Who would this property not suit?
It would not suit buyers looking for a move-in-ready home, those needing significant living space, or anyone unwilling to take on potential renovation projects, especially given the age of the home and the state of the basement.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.