Property score
42.9
Below average
Overall 42.9 · Compared with neighbourhood average
852 sqft (bottom 35%) · Built in 1913 (17 yrs older than avg)
Located in a above-average income area with median household income of ~80k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 shop, 6 parks, and 2 place of worships nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Below average
17 yrs older than neighborhood avg.
Mother tongue
English · 62%Tagalog · 26%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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
Free · No credit card required
42.9 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110926
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
641 Polson Avenue — 10 amenities found within 500 m, across 4 categories, including 1 dining (nearest 467 m), 1 shopping (nearest 417 m), 6 parks (nearest 63 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 32% | Bottom 47% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 641 Polson Avenue in Winnipeg's Inkster-Faraday neighbourhood presents a straightforward, value-oriented opportunity. Built in 1913, the 852 sqft house sits on a 3,252 sqft lot and features a detached garage and an unfinished basement. Its assessed value is notably modest compared to the city-wide average. The appeal here lies in its position as an affordable entry point into the market, offering a manageable scale for a first home, downsizing, or as a potential investment property. It suits practical buyers who prioritize low carrying costs over modern finishes, and who see potential in a home that is average for its immediate area but below average in broader city comparisons. A thoughtful perspective is that its unrenovated state provides a clear canvas without the premium of recent flips, while its established neighbourhood location offers stability without the price tag of trendier areas.
Key Details & FAQs
Key Characteristics & Appeal
This property is defined by its practicality and affordability. Its living space is compact, ranking below the city average, which translates to lower utility costs and less maintenance. The lot size is typical for the local area, providing adequate outdoor space without being burdensome. The home’s assessed value is significantly lower than the Winnipeg average, indicating a potentially low property tax burden. Its core appeal is as a foundational asset—it’s a chance to secure a detached home with land at an accessible threshold. It would suit first-time buyers building equity, investors looking for a rental property with a lower entry cost, or downsizers seeking to minimize expenses and upkeep. The unrenovated basement, while not a finished living space, offers ample storage or future potential.
Frequently Asked Questions
1. Is this a "fixer-upper"?
The listing notes the basement is unfinished and not renovated. While the main living areas' condition isn't detailed, the age of the home (1913) and the description suggest it likely requires updates and maintenance, aligning with its price point.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's modest size, age, and condition relative to the entire Winnipeg market. It is more in line with averages within the Inkster-Faraday neighbourhood, indicating it is priced appropriately for its local context.
3. What are the typical property taxes for a home with this assessment?
With an assessed value of $22,200, the annual property taxes would be considerably lower than for an average-priced Winnipeg home. An exact calculation requires the current year's mill rate, but the tax burden is a key financial advantage of this property.
4. Is the neighbourhood stable?
The home's metrics (like assessed value and lot size) are consistently around the average for both Polson Avenue and the wider Inkster-Faraday area. This consistency suggests a stable, established community without extreme highs or lows.
5. What was the last sold price?
Public data indicates a sale in June 2017 for an approximate range. For the exact historical sold price, you can request the information directly via the provided email service on the listing page.
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.
