Property score
34.9
Below average
Overall 34.9 · Smaller than most nearby homes
440 sqft (bottom 1%) · Built in 1943 (13 yrs newer than avg)
Located in a above-average income area with median household income of ~80k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 6 parks, and 2 place of worships nearby
Living Area
Below average
57% smaller than neighborhood avg.
Year Built
Near average
13 yrs newer than neighborhood avg.
Mother tongue
English · 62%Tagalog · 26%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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34.9 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: #46110926
$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
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
711 Polson Avenue — 8 amenities found within 500 m, across 2 categories, including 6 parks (nearest 43 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 16% | Bottom 24% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 711 Polson Avenue
Key Characteristics & Appeal
This is a compact, one-storey home built in 1943, situated on a standard-sized lot in the Inkster-Faraday neighbourhood. Its most defining characteristic is its size: at 440 square feet of living area, it is among the smallest homes in Winnipeg, significantly below local and city-wide averages. The property features a detached garage and a basement that is noted as being unrenovated.
The primary appeal lies in its ultra-affordable price point, as reflected by its low assessed value and recent sold price. This presents a rare entry point into homeownership or a minimal-commitment investment. It would suit a very specific buyer: someone seeking an extremely low-cost property for land value, as a foundational project to expand the existing structure, or for use as a basic shelter with minimal overhead. It is not suited for those needing standard family living space. A thoughtful perspective is that such a small, affordable parcel in a city could serve as a strategic foothold or a blank canvas for a custom, efficient tiny-home lifestyle, though any expansion would require careful investment relative to the neighbourhood.
Frequently Asked Questions
1. Why is the living space so much smaller than average?
Homes of this size and era were often built as modest, post-war dwellings. At 440 sqft, it functions as a basic cottage or cabin would, with likely one or two primary rooms.
2. What does "basement, not renovated" typically mean?
It indicates the basement exists but is in original or utilitarian condition. It may be unfinished concrete, used solely for storage/utilities, and not configured as livable space.
3. Who would this property be most suitable for?
It best suits an investor looking for a low-cost rental, a buyer intending to significantly renovate or expand, or someone with minimal space needs for whom affordability is the absolute priority.
4. The assessed value is very low compared to the city average. Why?
Assessed value is based largely on the property's current state and market value. The extremely small living area and unrenovated condition place its value primarily on the land itself, not the structure.
5. Is there potential to increase the living space?
Potentially, yes. The lot size is standard for the area, so there may be scope to build an addition or a second storey, subject to zoning bylaws, building codes, and a budget that makes sense for the neighbourhood.
