Property score
39.2
Below average
Overall 39.2 · Smaller but newer than most nearby homes
600 sqft (bottom 4%) · Built in 1945 (15 yrs newer than avg)
Located in a above-average income area with median household income of ~80k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 7 parks, and 2 place of worships nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Above average
15 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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39.2 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
712 Polson Avenue — 9 amenities found within 500 m, across 2 categories, including 7 parks (nearest 92 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 9% | Bottom 18% | Bottom 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 4% | Bottom 12% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 712 Polson Avenue
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1945, situated on a standard-sized lot in the Inkster-Faraday neighbourhood. Its key characteristic is its exceptionally low price point, reflected in both its recent sold history and its assessed value, which ranks well below averages for the street, area, and city. With 600 sqft of living space, it is notably smaller than most Winnipeg homes.
The primary appeal lies in its potential as a minimal-entry point into the housing market. It suits a very specific type of buyer: those seeking absolute affordability above all else, such as an investor looking for a straightforward rental property, a hands-on buyer planning a significant expansion or rebuild, or someone seeking the lowest possible carrying costs. A less obvious perspective is that its older vintage (1945) is actually above average for its immediate area, suggesting it may be among the more mature homes on the block. Its value is fundamentally in the land and location, not the current structure.
Section 2: Frequently Asked Questions
1. Why is the price so much lower than other homes?
The living area is significantly smaller than typical homes, and the assessed value is among the lowest in the city. This indicates a property valued primarily for its land or as a basic shelter, not for its current structure or size.
2. What type of renovation or work might it need?
Given its age (81 years) and low valuation, buyers should budget for major systems updates (like plumbing, electrical, or foundation) and likely a full modernization. It may be a candidate for a substantial addition or complete rebuild.
3. Is this a good investment property?
Its low purchase price could result in a favorable rental yield for an investor comfortable with managing an older, smaller property. However, potential repair costs and the niche tenant market (those seeking very small spaces) must be carefully considered.
4. How does it compare to the house next door?
The provided data shows nearby properties on Polson Avenue have similar lot sizes, but this home's living area and assessed value are below the street's average, meaning it is likely a more modest structure compared to its immediate neighbours.
5. Can I get the exact historical sale prices?
Yes, but not automatically. The exact sold prices are provided manually by the listing service upon email request to protect precise transaction details, though approximate price ranges are publicly shown.
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