623 Polson Avenue

Inkster-Faraday, Winnipeg

Property score

50.2

Fair

Overall 50.2 · Newer than most nearby homes

924 sqft (bottom 43%) · Built in 1946 (16 yrs newer 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

Near average

10% smaller than neighborhood avg.

Year Built

Above average

16 yrs newer 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

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Property score

50.2 is composed by the two sections below.

Property Score

42.3Low
Living Area924 sqft42Low
Year Built194630Low
Lot Size4,920 sqft60Fair
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
924 sqft
0255075100
Same streetBottom 30%Same areaBottom 43%CitywideBottom 19%
Same street · Polson Avenue
#411 / 583
Bottom 30% · Avg 1,066 sqft
Same area · Inkster-Faraday
#825 / 1,442
Bottom 43% · Avg 1,025 sqft
Citywide · Winnipeg
#158,116 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
219k
0255075100
Same streetBottom 42%Same areaTop 34%CitywideBottom 11%
Same street · Polson Avenue
#337 / 583
Bottom 42% · Avg 241.2k
Same area · Inkster-Faraday
#484 / 1,442
Top 34% · Avg 197.6k
Citywide · Winnipeg
#172,884 / 194,458
Bottom 11% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetTop 41%Same areaTop 13%CitywideBottom 23%

Lot Size

above average
4,920 sqft
0255075100
Same streetTop 15%Same areaTop 12%CitywideBottom 42%

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

623 Polson Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 427 m), 2 healthcare (nearest 475 m), 1 shopping (nearest 371 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 9/2022CA$200k–250k
Sold price

Same street

Bottom 43%

Same area

Top 37%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 623 Polson Avenue, Winnipeg

Property Overview: 623 Polson Avenue, Winnipeg

Key Characteristics & Appeal

This one-storey home on Polson Avenue presents a practical opportunity in Winnipeg's Inkster-Faraday neighbourhood. Its key characteristic is a generous 4,920 sqft lot, which is notably larger than most in the immediate area and offers significant outdoor space or future expansion potential. The 924 sqft living area is modest and typical for the street, housed in a structure built in 1946. The home features a detached garage and an unrenovated basement, indicating a property that is functional as-is but holds value for those willing to personalize or update over time.

The appeal lies in its solid foundational metrics and value proposition. The assessed value is well-positioned within the neighbourhood, suggesting a manageable entry point into the market. It particularly suits first-time buyers seeking a home with a sizable yard, or value-oriented investors looking for a character home with a strong land component. It's a property for those who see potential in the lot size and are comfortable with a home that may require gradual updates, rather than a turn-key solution. A less obvious perspective is that, while its city-wide rankings for size and age are lower, its relative standing within its own community is strong, highlighting it as a competitively positioned property in its local market.

Frequently Asked Questions

1. What is the exact recent sold price?
The available public data shows a sold price range of $19.50k - $22.50k for September 2022. The precise figure can be obtained by request from the listing service.

2. How does the lot size compare to nearby properties?
The land area of 4,920 sqft is a standout feature. It ranks in the top 15% on Polson Avenue and the top 12% in the Inkster-Faraday area, meaning it is significantly larger than many neighbouring lots.

3. Is the basement finished?
No, the basement is noted as being unrenovated. This presents both a blank canvas for future development and a consideration for immediate living space and storage.

4. How old is the home, and how does that compare?
The home was built in 1946. This is around the average age for Polson Avenue but is actually newer than many homes in the wider Inkster-Faraday area, where it ranks in the top 13% for year built.

5. What is the home's value proposition within Winnipeg?
City-wide, this home sits below average for living area and assessed value, which reflects its positioning as an affordable entry point. Its value is most directly realized within the context of its neighbourhood, where it offers above-average lot size and a competitively assessed value.

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