Property score
42.8
Below average
Overall 42.8 · Compared with neighbourhood average
976 sqft (bottom 48%) · Built in 1913 (17 yrs older than avg)
Located in a above-average income area with median household income of ~62.8k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 3 schools, 2 healthcare facilitys, and 3 shops nearby
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Below average
17 yrs older than neighborhood avg.
Mother tongue
English · 55%Tagalog · 26%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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42.8 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: #46110922
$63K
Median household income
$79K
Average household income
17%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
27%
Single-person households
25%
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
714 Boyd Avenue — 17 amenities found within 500 m, across 8 categories, including 1 dining (nearest 384 m), 3 education (nearest 270 m), 2 healthcare (nearest 293 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 13% | Bottom 5% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 714 Boyd Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This is a compact, one-and-a-half storey home built in 1913 on a standard city lot in the Inkster-Faraday neighbourhood. With 976 sqft of living space, it is very typical for its immediate area but sits below the citywide average for size. Its most defining characteristic is its exceptionally low municipal assessed value of $9,900, which places it in the bottom tier of properties locally and citywide. The home has a basement, but it is noted as not being renovated, and the property does not include a garage or pool.
The appeal lies squarely in its position as a minimal-entry point into the Winnipeg housing market. It suits a very specific buyer: those seeking an ultra-affordable asset, such as an investor looking for a rental property with low upfront costs, or a hands-on owner-occupant with the skills and intention to renovate gradually. A less obvious perspective is its potential utility as a land-value play; the low assessment and older home may present future opportunities, whether for redevelopment or simply as a hedge against property inflation, with very little capital initially tied up. It is not suited for those seeking move-in readiness or modern amenities.
Frequently Asked Questions
1. Why is the assessed value so low?
Municipal assessments are based on market value and property characteristics. A combination of the home's age, smaller size, unrenovated condition, and local market trends results in this minimal valuation.
2. What does "basement, not renovated" typically imply?
This usually indicates a functional but unfinished or dated basement. Buyers should anticipate an older foundation, basic utilities, and likely cosmetic or structural updates needed to modernize the space.
3. How does the sold price history help determine value?
The listed sale in March 2022 for between $8.5k and $11.5k provides a recent benchmark, confirming the property trades significantly below conventional market prices and aligns with its low assessment.
4. Who would this property be a good fit for?
It is primarily a strategic purchase for investors comfortable with managing older rental properties or for owner-occupants who are skilled tradespeople or committed DIY renovators seeking a low-cost project.
5. What should I consider about the neighbourhood?
Inkster-Faraday is an established, older neighbourhood. The listing shows nearby properties have similar ages and values, suggesting consistency rather than outlier status. Prospective buyers should research area amenities, trends, and their personal comfort level with the community.
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