709 Polson Avenue

Inkster-Faraday, Winnipeg

Property score

56.0

Fair

Overall 56.0 · Larger and newer than most nearby homes

1,170 sqft (top 30%) · Built in 1947 (17 yrs newer than avg)

Located in a above-average income area with median household income of ~80k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 6 parks, and 2 place of worships nearby

Living Area

Above average

14% larger than neighborhood avg.

Year Built

Above average

17 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

56.0 is composed by the two sections below.

Property Score

52.0Fair
Living Area1,170 sqft60Fair
Year Built194730Low
Lot Size4,362 sqft53Fair
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
246k
0255075100
Same streetTop 46%Same areaTop 15%CitywideBottom 16%
Same street · Polson Avenue
#270 / 583
Top 46% · Avg 241.2k
Same area · Inkster-Faraday
#222 / 1,442
Top 15% · Avg 197.6k
Citywide · Winnipeg
#162,844 / 194,458
Bottom 16% · Avg 390.1k

Year Built

above average
1947
0255075100
Same streetTop 40%Same areaTop 10%CitywideBottom 24%

Lot Size

above average
4,362 sqft
0255075100
Same streetTop 29%Same areaTop 24%CitywideBottom 31%

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

709 Polson Avenue — 8 amenities found within 500 m, across 2 categories, including 6 parks (nearest 38 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 8/2017CA$200k–250k
Sold price

Same street

Bottom 49%

Same area

Top 30%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 709 Polson Avenue, Winnipeg

Property Overview: 709 Polson Avenue

Key Characteristics & Appeal

This one-and-a-half storey home on Polson Avenue is a classic Winnipeg property built in 1947, offering a practical and grounded opportunity. Its primary appeal lies in its solid, above-average positioning within the established Inkster-Faraday neighbourhood. With 1,170 sqft of living space and a renovated basement, the home provides functional space for a small family or a couple. A key asset is the lot size—at 4,362 sqft, it is notably larger than many in the immediate area, offering valuable outdoor space and potential.

The data reveals a property that stands out locally more than it does city-wide. Its living area, land size, and assessed value all rank in the top 30% for the Inkster-Faraday area, suggesting it's a well-placed home within its own community context. The detached garage adds practical utility. This home would best suit a value-conscious buyer looking for a character home in a no-frills, established neighbourhood, who prioritizes a generous lot and functional interior space over a modern, downtown-adjacent lifestyle. It represents a chance to own a home that is competitive and comfortable within its local market.

Frequently Asked Questions

1. How does this home compare to others in the city?
While its features are strong for the Inkster-Faraday area, city-wide comparisons show it is around or below average in metrics like living area and year built. Its value is in its local standing—it's a well-above-average home for this specific neighbourhood.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope, quality, and permits for this work are not detailed here. A viewing and inquiry with the seller is necessary to understand the finishes and any potential moisture control measures in place.

3. Is the assessed value a good indicator of the selling price?
Not directly. The assessed value for municipal tax purposes is $24,600. The last known sale was between $20.5k and $23.5k in 2017. The current market price will be determined by recent sales, condition, and demand, and will likely be significantly higher than these historical figures.

4. What are the implications of a 1947 build date?
This means the home has character but will likely have original building materials and systems. While the basement has been renovated, a thorough inspection is crucial to understand the condition of the foundation, wiring, plumbing, and roof, which may need updating or maintenance.

5. Why is the lot size considered a key feature?
At over 4,300 sqft, the lot is larger than most in the immediate vicinity. This offers more private outdoor space, better potential for gardening, parking, or additions, and generally provides a greater sense of openness than smaller, tightly packed lots.

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