672 Machray Avenue

Inkster-Faraday, Winnipeg

Property score

44.2

Below average

Overall 44.2 · Smaller than most nearby homes

680 sqft (bottom 11%) · Built in 1922 (8 yrs older than avg)

Located in a above-average income area with median household income of ~81k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby

Living Area

Below average

34% smaller than neighborhood avg.

Year Built

Near average

8 yrs older than neighborhood avg.

Mother tongue

English · 58%Tagalog · 25%

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

44.2 is composed by the two sections below.

Property Score

23.0Low
Living Area680 sqft15Low
Year Built192220Low
Lot Size4,216 sqft53Fair
Neighbourhood Sales Activity42Low

Community Score

75.9Good
Household Income77Good
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110924

Community deep dive

$81K

Median household income

$87K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

26%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)600
Labour force participation rate77%
Median age38.8
Avg household size2.7
Unemployment rate11%
Population density4615 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households26%
Couple families with children28%
Median household income (2020)$81K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)39%
Visible minority42%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 57%
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

below average
680 sqft
0255075100
Same streetBottom 2%Same areaBottom 11%CitywideBottom 3%
Same street · Machray Avenue
#288 / 294
Bottom 2% · Avg 1,358 sqft
Same area · Inkster-Faraday
#1,287 / 1,442
Bottom 11% · Avg 1,025 sqft
Citywide · Winnipeg
#188,697 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

around average
172k
0255075100
Same streetBottom 6%Same areaBottom 33%CitywideBottom 5%
Same street · Machray Avenue
#275 / 294
Bottom 6% · Avg 256.8k
Same area · Inkster-Faraday
#971 / 1,442
Bottom 33% · Avg 197.6k
Citywide · Winnipeg
#184,791 / 194,458
Bottom 5% · Avg 390.1k

Year Built

around average
1922
0255075100
Same streetBottom 39%Same areaBottom 45%CitywideBottom 14%

Lot Size

above average
4,216 sqft
0255075100
Same streetBottom 46%Same areaTop 26%CitywideBottom 29%

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

672 Machray Avenue — 13 amenities found within 500 m, across 6 categories, including 2 dining (nearest 430 m), 1 education (nearest 365 m), 2 healthcare (nearest 377 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare2
🛒Shopping1
🌳Parks4
Worship3

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 4/2021CA$150k–200k
Sold price

Same street

Bottom 4%

Same area

Bottom 26%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 672 Machray Avenue, Winnipeg

Property Overview

This one-and-a-half storey home on Machray Avenue is a compact, no-frills property built in 1922. With 680 square feet of living space, an unfinished basement, and no garage, it is notably smaller and more basic than most homes in Winnipeg. Its key appeal lies in its extremely low financial barriers, evidenced by a municipal assessed value of $17,200 and a previous sale in the $13.5k-$16.5k range. The lot size of 4,216 sq ft is above average for the immediate Inkster-Faraday neighbourhood, offering potential outdoor space disproportionate to the home's footprint.

This property would primarily suit a very specific buyer: an investor looking for a low-cost rental asset, a hands-on individual seeking an ultra-affordable entry into homeownership with plans to gradually renovate, or someone looking to build new on an established lot in the future. Its value is almost entirely in the land and its price point, not in its current condition or amenities.


Frequently Asked Questions

1. Is this a livable home in its current state?
While legally a house, it is best considered a blank canvas or a teardown. The basement is unfinished, and the living area is very small. A thorough inspection is essential to determine if it is safely habitable without significant immediate investment.

2. Why is the assessed value so low compared to city averages?
The assessed value reflects the property's very small size, age, basic condition, and lack of upgrades. It is priced as a land-value proposition with an existing structure, not as a turn-key home.

3. What are the long-term prospects for this property?
The primary opportunities are as a long-term hold for rental income (post-renovation) or for future redevelopment. The lot size is a key asset, as it is larger than many in the local area, which could be advantageous for an addition or new build, subject to zoning.

4. What are the major costs to consider beyond the purchase price?
Buyers must budget for potential major repairs (roof, foundation, electrical, plumbing), updating to modern living standards, and ongoing property taxes. Utilities and insurance for an older, small home should also be factored in.

5. How does the previous sale price inform the current value?
The home sold in the $13.5k-$16.5k range in 2021. Given the assessed value has remained low and stable, it suggests the market for such properties is niche. Value appreciation will depend almost entirely on improvements made to the property or broader neighbourhood development, not market inflation alone.

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