627 Boyd Avenue

Inkster-Faraday, Winnipeg

Property score

48.8

Below average

Overall 48.8 · Compared with neighbourhood average

1,152 sqft (top 32%) · Built in 1913 (17 yrs older than avg)

Located in a above-average income area with median household income of ~65k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 2 healthcare facilitys, 3 shops, and 3 parks nearby

Living Area

Near average

12% larger than neighborhood avg.

Year Built

Below average

17 yrs older 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

48.8 is composed by the two sections below.

Property Score

44.0Low
Living Area1,152 sqft60Fair
Year Built191316Low
Lot Size2,276 sqft18Low
Neighbourhood Sales Activity42Low

Community Score

56.1Fair
Household Income68Good
Education Level34Low
Housing Stress63Fair
Core Housing Need38Low
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: #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

around average
1,152 sqft
0255075100
Same streetTop 32%Same areaTop 32%CitywideBottom 45%
Same street · Boyd Avenue
#155 / 484
Top 32% · Avg 1,047 sqft
Same area · Inkster-Faraday
#463 / 1,442
Top 32% · Avg 1,025 sqft
Citywide · Winnipeg
#106,322 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
166k
0255075100
Same streetTop 47%Same areaBottom 29%CitywideBottom 4%
Same street · Boyd Avenue
#228 / 484
Top 47% · Avg 167.7k
Same area · Inkster-Faraday
#1,022 / 1,442
Bottom 29% · Avg 197.6k
Citywide · Winnipeg
#185,847 / 194,458
Bottom 4% · Avg 390.1k

Year Built

around average
1913
0255075100
Same streetBottom 42%Same areaBottom 33%CitywideBottom 10%

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

627 Boyd Avenue — 18 amenities found within 500 m, across 7 categories, including 3 education (nearest 335 m), 2 healthcare (nearest 489 m), 3 shopping (nearest 138 m).

Search radius
🏫Education3
🏥Healthcare2
🛒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$150k–200k
Sold price

Same street

Top 36%

Same area

Bottom 42%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 627 Boyd Avenue, Winnipeg

Property Overview: 627 Boyd Avenue, Winnipeg

Key Characteristics & Buyer Appeal

This is a classic one-and-a-half storey home in the Inkster-Faraday neighbourhood, built in 1913. With 1,152 sqft of living space, it offers a practical layout that is slightly above average for its immediate area. The home includes a basement and a detached garage. Its key characteristic is its position as a modest, no-frills property with a very low municipal assessed value ($16,600), indicating it is likely one of the most affordable entry points into Winnipeg’s housing market.

The appeal lies in its fundamental utility and affordability. It represents a straightforward opportunity for a first-time buyer, an investor looking for a rental property with a low cost basis, or someone seeking a minimal footprint home. The lot, while smaller than area averages, is manageable and requires less upkeep. A less obvious perspective is that a home of this age and value in an established neighbourhood can offer stability in carrying costs, as property taxes are tied to its low assessment. It suits pragmatic buyers who view a home primarily as shelter and are comfortable with a property that may require updates over time, rather than those seeking modern finishes or ample outdoor space.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
Municipal assessments are based on a mass appraisal system considering factors like home size, age, condition, and local sales. A very low assessment typically reflects the home’s age, modest size, and the market values for similar, unrenovated properties in the Inkster-Faraday area.

2. What does the sold price history indicate?
The last recorded sale (Sept 2021) was in the $16.5k - $19.5k range, which aligns closely with the current assessed value. This suggests a stable, low-value market for this specific type of property, rather than a home that has depreciated.

3. Is the smaller lot size a significant drawback?
It depends on your priorities. The lot is under 2,300 sqft, which is significantly smaller than many city lots. This limits expansive gardening or large outdoor recreation space but minimizes yard maintenance responsibilities and can make the property feel more manageable.

4. What should I expect with a home built in 1913?
You should budget for and expect older building systems, materials, and layouts. While it has enduring character, proactive maintenance is crucial. The unrenovated basement should be inspected carefully for moisture management and foundational integrity.

5. How does this home compare to the nearby reference properties?
It sits between the two provided examples. It has less living space than 644 Mountain Ave but a higher assessed value than 714 College Ave. This positions it as a middle-ground option within the neighbourhood’s segment of very affordable, century-old homes.

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