616 Boyd Avenue

Inkster-Faraday, Winnipeg

Property score

34.9

Below average

Overall 34.9 · Smaller and older than most nearby homes

720 sqft (bottom 17%) · Built in 1909 (21 yrs older than avg)

Located in a above-average income area with median household income of ~62.8k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 3 shops, 3 parks, and 1 bank/ATM nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 55%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

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Property score

34.9 is composed by the two sections below.

Property Score

20.0Low
Living Area720 sqft22Low
Year Built190910Low
Lot Size2,282 sqft18Low
Neighbourhood Sales Activity42Low

Community Score

57.2Fair
Household Income66Good
Education Level22Low
Housing Stress83Excellent
Core Housing Need63Fair
Employment Health52Fair

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: #46110922

Community deep dive

$63K

Median household income

$79K

Average household income

17%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

27%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)603
Labour force participation rate63%
Median age36.0
Avg household size2.8
Unemployment rate14%
Population density8614 / km²

Households & income

Low income (LIM-AT, % pop.)17%
Single-person households27%
Couple families with children25%
Median household income (2020)$63K

Housing

Renter households43%
Condominium dwellings0%
Median dwelling value (owners)$190K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority56%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 54%
Mother tongue (2nd)Tagalog · 26%

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

Rankings

Living Area

below average
720 sqft
0255075100
Same streetBottom 17%Same areaBottom 17%CitywideBottom 5%
Same street · Boyd Avenue
#401 / 484
Bottom 17% · Avg 1,047 sqft
Same area · Inkster-Faraday
#1,201 / 1,442
Bottom 17% · Avg 1,025 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

below average
110k
0255075100
Same streetBottom 18%Same areaBottom 4%CitywideBottom 1%
Same street · Boyd Avenue
#398 / 484
Bottom 18% · Avg 167.7k
Same area · Inkster-Faraday
#1,379 / 1,442
Bottom 4% · Avg 197.6k
Citywide · Winnipeg
#192,866 / 194,458
Bottom 1% · Avg 390.1k

Year Built

below average
1909
0255075100
Same streetBottom 23%Same areaBottom 5%CitywideBottom 5%

Lot Size

below average
2,282 sqft
0255075100
Same streetBottom 16%Same areaBottom 7%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

616 Boyd Avenue — 16 amenities found within 500 m, across 6 categories, including 3 education (nearest 288 m), 3 shopping (nearest 176 m), 3 parks (nearest 309 m).

Search radius
🏫Education3
🛒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 9/2021CA$100k–150k
Sold price

Same street

Bottom 31%

Same area

Bottom 14%

City-wide

Bottom 2%

Related homes

Highlights & common questions: 616 Boyd Avenue, Winnipeg

Property Summary: 616 Boyd Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1909, offering 720 square feet of living space on a 2,282 sqft lot in the Inkster-Faraday neighbourhood. Its key characteristic is its exceptionally low financial barrier to entry, with an assessed value of $110k—placing it among the most affordable properties citywide. The home has a basement, but it is not renovated, and there is no garage or pool.

The appeal lies in its pure value as an entry point into homeownership or as a strategic investment property. It suits buyers with very limited budgets who prioritize getting onto the property ladder over move-in-ready condition, or investors looking for a low-cost rental asset. A less obvious perspective is its potential for someone seeking a minimalist footprint or a "blank canvas" project without the premium price tag of a larger lot or newer home. Its age and size mean utility and maintenance costs could be proportionally lower than for a standard-sized house, which is a practical consideration for tight budgets.

Section 2: Frequently Asked Questions

1. What does "below average" in the rankings actually mean for a buyer?
It quantifies that this home is smaller, older, and on a smaller lot than most in its area and the city. This isn't necessarily negative; it directly explains the low assessed value and identifies this as a value-play property rather than a premium one.

2. The sold price history shows a range of $11.5k-$14.5k in 2021. Why is the assessed value now $110k?
The 2021 sale price appears to be an extreme outlier, potentially indicating a non-arms-length transaction or a sale of the land only. The current assessed value of $110k is a municipal assessment for taxation purposes and is a more realistic indicator of its current market valuation relative to other properties.

3. What are the implications of the "basement, not renovated" note?
This indicates the basement exists but is in original or unfinished condition. Buyers should budget for potential moisture issues, necessary upgrades for livability, and should anticipate that it does not add functional living space in its current state.

4. Who is this home not suited for?
It is not suited for buyers who need multiple bedrooms, modern finishes, or ample storage without significant immediate investment. It is also likely not ideal for those unable to handle gradual renovations or the potential maintenance challenges of a 117-year-old structure.

5. The lot is smaller than average. Is that a major drawback?
While it limits expansive outdoor additions like a large garage or deck, the smaller lot reduces yard maintenance time and cost. For an investor or first-time buyer, this can be a practical benefit rather than a drawback.

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