682 Polson Avenue

Inkster-Faraday, Winnipeg

Property score

48.9

Below average

Overall 48.9 · Newer than most nearby homes

915 sqft (bottom 42%) · Built in 1946 (16 yrs newer 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: 6 parks, and 2 place of worships nearby

Living Area

Near average

11% smaller 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

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Property score

48.9 is composed by the two sections below.

Property Score

40.2Low
Living Area915 sqft42Low
Year Built194630Low
Lot Size3,683 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

around average
915 sqft
0255075100
Same streetBottom 28%Same areaBottom 42%CitywideBottom 18%
Same street · Polson Avenue
#417 / 583
Bottom 28% · Avg 1,066 sqft
Same area · Inkster-Faraday
#840 / 1,442
Bottom 42% · Avg 1,025 sqft
Citywide · Winnipeg
#159,870 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
198k
0255075100
Same streetBottom 33%Same areaTop 50%CitywideBottom 8%
Same street · Polson Avenue
#392 / 583
Bottom 33% · Avg 241.2k
Same area · Inkster-Faraday
#719 / 1,442
Top 50% · Avg 197.6k
Citywide · Winnipeg
#179,032 / 194,458
Bottom 8% · Avg 390.1k

Year Built

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

Lot Size

around average
3,683 sqft
0255075100
Same streetTop 49%Same areaTop 44%CitywideBottom 22%

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

682 Polson Avenue — 8 amenities found within 500 m, across 2 categories, including 6 parks (nearest 85 m).

Search radius
🌳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 8/2019CA$200k–250k
Sold price

Same street

Bottom 40%

Same area

Top 42%

City-wide

Bottom 12%

Related homes

Highlights & common questions: 682 Polson Avenue, Winnipeg

Property Summary: 682 Polson Avenue

Section 1: Key Characteristics & Appeal

This is a modest, one-storey home built in 1946, offering a practical and affordable entry point into Winnipeg’s Inkster-Faraday neighbourhood. Its key characteristics include 915 sqft of living space, a renovated basement, and a detached garage on a standard 3,683 sqft lot.

The primary appeal lies in its value proposition. The home presents a below-average price point for the city, making it a notably affordable option. Within its immediate area, however, it holds its own, with assessed value and land size being around the neighbourhood average. The renovated basement adds functional living space, a significant plus for a home of this size. A less obvious perspective is that, while the home is older, its 1946 build date is actually newer than many in the immediate vicinity, potentially suggesting better underlying structure or updates over time compared to direct peers.

This property would suit first-time buyers or investors seeking a straightforward, lower-maintenance home without a large upfront investment. It’s a pragmatic choice for someone prioritizing financial accessibility and a solid foundation over size or modern finishes.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a separate entrance or bathroom to understand its full value and functionality.

2. How does the assessed value relate to the likely selling price?
The home’s assessed value is $19,800, but this is for municipal tax purposes and is typically far below market value. The last known sold price range (2019) was $18.5k-$21.5k. A current market evaluation is essential, as sale prices are driven by market conditions, not tax assessment.

3. Is the home smaller than others in the area?
Yes. With 915 sqft of living area, it is below the average for both Polson Avenue (~1,066 sqft) and Winnipeg overall. This confirms its status as a compact, efficient home, which is a key factor in its affordability.

4. What is the significance of the lot size?
At 3,683 sqft, the lot is very close to the neighbourhood average. This provides a standard outdoor space for a home of this era—adequate for a garden or patio but not unusually large. It aligns with the character of the street.

5. How can I get the exact historical sale prices?
The exact sold prices are not publicly displayed. As noted on the detail page, you must request this information via email from the listing service, which provides it manually as a courtesy.

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