Property score
29.4
Below average
Overall 29.4 · Smaller and older than most nearby homes
502 sqft (bottom 1%) · Built in 1907 (23 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, 4 shops, and 3 parks nearby
Living Area
Below average
51% smaller than neighborhood avg.
Year Built
Below average
23 yrs older than neighborhood avg.
Mother tongue
English · 65%Tagalog · 24%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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29.4 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: #46110920
$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
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
649 Boyd Avenue — 19 amenities found within 500 m, across 7 categories, including 3 education (nearest 320 m), 2 healthcare (nearest 468 m), 4 shopping (nearest 149 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 1% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 649 Boyd Avenue, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This is a notably compact and historic one-storey home in the Inkster-Faraday neighbourhood. Its key characteristic is its modest scale: with just 502 sqft of living space, it sits in the bottom 1% of homes in the city for size. The lot is also smaller than average for the area at 2,276 sqft. Built in 1907, the property carries a very low municipal assessed value of $8,600, which is significantly below typical city and neighbourhood benchmarks.
The appeal lies in its potential as an ultra-affordable entry point into homeownership or as a minimal-maintenance property. It suits a very specific buyer: someone seeking the lowest possible price point, perhaps an investor looking for a rental property with minimal capital outlay, or a hands-on buyer willing to live simply and potentially renovate or expand over time. It is not suited for those needing standard family space or who prefer modern builds and finishes. A thoughtful perspective is that such a property can represent pure land-value opportunity in a city, where the future potential may lie more in the lot than the existing structure.
Section 2: Frequently Asked Questions
1. Why is the assessed value so low compared to other homes?
The assessed value is based primarily on the property's very small size (502 sqft), age (1907), and the characteristics of similar nearby homes. It reflects the municipal valuation for tax purposes, not necessarily the current market sale price.
2. What type of work might this home need?
Given its age of over 115 years, prospective buyers should budget for potential updates to foundational elements, wiring, plumbing, and insulation. A thorough inspection is essential to understand the condition and any immediate needs.
3. Is there potential to expand the living space?
The smaller lot size (2,276 sqft) may limit expansion options compared to larger standard lots. Any addition would require careful planning to ensure compliance with zoning bylaws regarding setbacks and lot coverage.
4. How does the sold price history work?
The listed sold price is a range based on public data. To obtain the exact historical sale price, you must request it via email from the site, as they manually verify and provide the precise figure.
5. What are the comparable properties nearby?
Similar nearby homes on Boyd Avenue are also historic, smaller properties. Listings with similar assessed values (like those on Maryland St. or Cumberland Ave.) are typically very compact units, often in multi-family buildings or older, modest houses in central neighbourhoods.
