655 Polson Avenue

Inkster-Faraday, Winnipeg

Property score

55.4

Fair

Overall 55.4 · Larger and newer than most nearby homes

1,170 sqft (top 30%) · 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

Above average

14% larger 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

55.4 is composed by the two sections below.

Property Score

51.0Fair
Living Area1,170 sqft60Fair
Year Built194630Low
Lot Size3,919 sqft46Low
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

above average
1,170 sqft
0255075100
Same streetTop 26%Same areaTop 30%CitywideBottom 47%
Same street · Polson Avenue
#152 / 583
Top 26% · Avg 1,066 sqft
Same area · Inkster-Faraday
#432 / 1,442
Top 30% · Avg 1,025 sqft
Citywide · Winnipeg
#103,011 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

above average
254k
0255075100
Same streetTop 44%Same areaTop 12%CitywideBottom 18%
Same street · Polson Avenue
#258 / 583
Top 44% · Avg 241.2k
Same area · Inkster-Faraday
#180 / 1,442
Top 12% · Avg 197.6k
Citywide · Winnipeg
#159,292 / 194,458
Bottom 18% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetTop 41%Same areaTop 13%CitywideBottom 23%

Lot Size

around average
3,919 sqft
0255075100
Same streetTop 39%Same areaTop 34%CitywideBottom 24%

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

655 Polson Avenue — 9 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 468 m), 6 parks (nearest 100 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 11/2019CA$250k–300k
Sold price

Same street

Top 37%

Same area

Top 16%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 655 Polson Avenue, Winnipeg

Property Overview

This one-and-a-half storey home at 655 Polson Avenue in Winnipeg’s Inkster-Faraday neighbourhood presents a practical opportunity. Built in 1946, it features 1,170 sqft of living space and a renovated basement, situated on a standard city lot with a detached garage. The data suggests its primary appeal is rooted in value and relative standing within its immediate area. While its size and assessed value are around average citywide, they rank notably higher when compared specifically to other homes on Polson Avenue and within the Inkster-Faraday community. This indicates you may get more house for your dollar here than in many other Winnipeg neighbourhoods.

The home would suit first-time buyers or practical investors looking for an entry point into the market with a move-in ready basement. It also appeals to those who prioritize the character and established feel of a post-war home and value a sense of space relative to their immediate neighbours. A less obvious perspective is that its "above average" standing locally, paired with a below-average citywide assessment, could represent a balance of community livability and manageable property taxes.

Frequently Asked Questions

1. How does this home really compare to others in the area?
The data shows that for living space and assessed value, this home ranks in the top 30% within the Inkster-Faraday neighbourhood, meaning it is larger and has a higher assessment than most comparable local homes. On its own street, it's in the top 26% for size.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the selling agent regarding the finish, ceiling height, permitted uses, and whether it includes a separate entrance or bathroom.

3. Is the assessed value a good indicator of the selling price?
Not directly. The assessed value for municipal taxes is $25,400. The last recorded sale was in late 2019 for an estimated $23,500-$26,500. The current market price will be determined by recent sales, condition, and demand.

4. What are the implications of a home built in 1946?
While offering classic character, it’s important to investigate the age and condition of major systems (roof, wiring, plumbing, windows) and insulation. The renovated basement is a positive, but the main structure is 80 years old.

5. How can I get the exact historical sale prices?
The exact sold prices are not published publicly. As noted on the detail page, you can request this information by email from the site provider, who manually supplies the data without using your email for 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.