632 Boyd Avenue

Inkster-Faraday, Winnipeg

Property score

30.6

Below average

Overall 30.6 · Smaller and older than most nearby homes

528 sqft (bottom 1%) · Built in 1911 (19 yrs older than avg)

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

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

Below average

48% smaller than neighborhood avg.

Year Built

Below average

19 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

30.6 is composed by the two sections below.

Property Score

12.8Low
Living Area8
528 sqftLow
Year Built16
1911Low
Lot Size18
2,283 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

57.2Fair
Household Income66
Good
Education Level22
Low
Housing Stress83
Excellent
Core Housing Need63
Fair
Employment Health52
Fair

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
528 sqft
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 1%
Same street · Boyd Avenue
#474 / 484
Bottom 2% · Avg 1,047 sqft
Same area · Inkster-Faraday
#1,425 / 1,442
Bottom 1% · Avg 1,025 sqft
Citywide · Winnipeg
#193,958 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
86k
0255075100
Same streetBottom 5%Same areaBottom 1%CitywideBottom 1%
Same street · Boyd Avenue
#462 / 484
Bottom 5% · Avg 167.7k
Same area · Inkster-Faraday
#1,429 / 1,442
Bottom 1% · Avg 197.6k
Citywide · Winnipeg
#193,973 / 194,458
Bottom 1% · Avg 390.1k

Year Built

around average
1911
0255075100
Same streetBottom 30%Same areaBottom 11%CitywideBottom 7%

Lot Size

below average
2,283 sqft
0255075100
Same streetBottom 27%Same areaBottom 10%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

632 Boyd Avenue — 18 amenities found within 500 m, across 7 categories, including 3 education (nearest 286 m), 2 healthcare (nearest 480 m), 3 shopping (nearest 181 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 1/2023CA$50k–100k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 632 Boyd Avenue, Winnipeg

Property Overview: 632 Boyd Avenue

Key Characteristics & Appeal

This is a compact, one-storey home built in 1911, situated on a standard city lot in the Inkster-Faraday neighbourhood. Its defining characteristic is its scale: at 528 square feet of living space and an assessed value of $8,600, it ranks among the smallest and most modestly valued properties in Winnipeg. There is no basement, garage, or pool.

The primary appeal lies in its absolute affordability and minimal carrying costs, particularly for property taxes. It represents a rare entry point into homeownership. This property would suit a highly specific buyer: someone seeking the lowest possible capital outlay, such as an investor looking for a basic rental property, a homeowner willing to undertake a minimalist living project, or a buyer intending to use the land for future redevelopment. Its value is not in its current condition or size, but in the opportunity it presents as a blank canvas or a pure land play in an established neighbourhood.

Frequently Asked Questions

1. Why is the assessed value so low compared to the city-wide average?
The assessed value reflects the property's very small size, age, and likely basic condition. It is valued significantly below averages for the street, neighbourhood, and city, indicating it is a fundamental, no-frills structure.

2. What are the main drawbacks of a home without a basement?
The lack of a basement means there is no traditional space for utilities, storage, or potential additional living area. All mechanical systems must be on the main floor, and storage solutions will need to be creative.

3. Is this a good option for a first-time buyer?
It could be, but for a very specific type of first-time buyer. It offers ownership at an exceptionally low price point, but requires a realistic understanding of the limited space and potential need for updates. It is less suited for those planning a growing family and more for those embracing efficient, simple living.

4. How reliable are the sold price ranges shown?
The ranges are based on public data. For precise historical sale figures, you must request the exact sold price history via email, which the provider manually verifies and sends.

5. What is the potential for this property?
Potential is based on vision and investment. It could be renovated as a compact, efficient home; used as a long-term hold rental; or eventually be considered for redevelopment, subject to local zoning. Its future value is more closely tied to the land and improvements than to its current state.