625 Parr Street

Inkster-Faraday, Winnipeg

Property score

43.0

Below average

Overall 43.0 · Smaller but newer than most nearby homes

720 sqft (bottom 17%) · Built in 1946 (16 yrs newer than avg)

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 shop, 6 parks, and 2 place of worships nearby

Living Area

Below average

30% 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

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

43.0 is composed by the two sections below.

Property Score

30.3Low
Living Area720 sqft22Low
Year Built194630Low
Lot Size4,726 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

below average
720 sqft
0255075100
Same streetBottom 20%Same areaBottom 17%CitywideBottom 5%
Same street · Parr Street
#83 / 104
Bottom 20% · Avg 991 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

around average
216k
0255075100
Same streetTop 31%Same areaTop 36%CitywideBottom 11%
Same street · Parr Street
#32 / 104
Top 31% · Avg 195.7k
Same area · Inkster-Faraday
#521 / 1,442
Top 36% · Avg 197.6k
Citywide · Winnipeg
#173,853 / 194,458
Bottom 11% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetTop 8%Same areaTop 13%CitywideBottom 23%

Lot Size

above average
4,726 sqft
0255075100
Same streetTop 8%Same areaTop 15%CitywideBottom 38%

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

625 Parr Street — 9 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 446 m), 6 parks (nearest 61 m).

Search radius
🛒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 3/2018CA$200k–250k
Sold price

Same street

Top 23%

Same area

Top 34%

City-wide

Bottom 15%

Related homes

Highlights & common questions: 625 Parr Street, Winnipeg

Property Summary: 625 Parr Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, post-war one-storey home built in 1946, situated on a notably generous lot in the Inkster-Faraday neighbourhood. Its primary appeal lies in its balance of a renovated basement, a detached garage, and a land size that is well above average for both its immediate street and the local area. With 720 sqft of living space, the house itself is modest and below average in size, positioning it as an efficient, low-maintenance footprint.

The property suits first-time buyers, downsizers, or investors seeking an entry point into the market with a solid land asset. Its assessed value is consistent with nearby homes, suggesting it's priced in line with the local market. A thoughtful perspective is that while the house is smaller, the large lot (4,726 sqft) offers valuable future potential for expansion, gardening, or outdoor living that is rare for homes of this vintage in the city. The renovated basement adds functional living space, offsetting the smaller main floor. It’s a property where the land may hold as much value as the structure itself.

Section 2: Frequently Asked Questions

1. How does the home's size compare to others?
At 720 sqft, the living area is below the average for similar homes on Parr Street, in the Inkster-Faraday area, and across Winnipeg. This indicates a more compact, efficient layout.

2. What is significant about the lot size?
The land area of 4,726 sqft is a key feature. It ranks in the top 15% for the local area, meaning the lot is substantially larger than most comparable properties nearby, offering more outdoor space.

3. Is the assessed value typical for the area?
Yes. The assessed value of $21,600 is around the average for both Parr Street and the wider Inkster-Faraday neighbourhood, though it is below the Winnipeg city-wide average.

4. How old is the property, and is that a concern?
The home was built in 1946. While 80 years old, it is actually newer than many homes on its street and in the immediate area, where average build years are 1931 and 1930, respectively.

5. Where can I find the exact historical sale price?
The listed sale history shows a range. To obtain the precise sold price from March 2018, you can request it via email from the site. They provide this data manually and do not use email addresses for unsolicited marketing.

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.