724 Inkster Boulevard

Inkster-Faraday, Winnipeg

Property score

73.2

Good

Overall 73.2 · Larger and newer than most nearby homes

2,590 sqft (top 1%) · Built in 1958 (28 yrs newer than avg)

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 5 parks, and 2 place of worships nearby

Living Area

Above average

153% larger than neighborhood avg.

Year Built

Above average

28 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

73.2 is composed by the two sections below.

Property Score

80.6Excellent
Living Area98
2,590 sqftExcellent
Year Built43
1958Low
Lot Size74
5,997 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

62.0Fair
Household Income77
Good
Education Level22
Low
Housing Stress52
Fair
Core Housing Need63
Fair
Employment Health76
Good

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

Elite
2,590 sqft
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 2%
Same street · Inkster Boulevard
#1 / 582
Top 1% · Avg 1,143 sqft
Same area · Inkster-Faraday
#2 / 1,442
Top 1% · Avg 1,025 sqft
Citywide · Winnipeg
#4,545 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
393k
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 40%
Same street · Inkster Boulevard
#4 / 582
Top 1% · Avg 254.3k
Same area · Inkster-Faraday
#2 / 1,442
Top 1% · Avg 197.6k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

Elite
1958
0255075100
Same streetTop 5%Same areaTop 4%CitywideBottom 39%

Lot Size

Elite
5,997 sqft
0255075100
Same streetTop 2%Same areaTop 3%CitywideTop 32%

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

724 Inkster Boulevard — 7 amenities found within 500 m, across 2 categories, including 5 parks (nearest 100 m).

Search radius
🌳Parks5
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 11/2020CA$350k–400k
Sold price

Same street

Top 4%

Same area

Top 1%

City-wide

Top 41%

Related homes

Highlights & common questions: 724 Inkster Boulevard, Winnipeg

Property Overview: 724 Inkster Boulevard

Key Characteristics & Appeal

This two-storey home, built in 1958, stands out for its exceptionally generous proportions within its immediate context. Its primary appeal lies in its significant scale, offering over 2,500 square feet of living space and a near 6,000 square foot lot—figures that rank in the top 1-3% for the Inkster-Faraday neighbourhood. This creates a rare opportunity for space-seeking buyers in the area, whether for a large family, home-based business, or flexible living arrangements. The home presents as a solid, unrenovated canvas with a full (though not updated) basement, appealing to buyers looking for a property where they can add value through personalization. Its assessed value is notably modest relative to its physical size, which may attract investors or practical buyers focused on fundamentals over finishings. This property would best suit a value-oriented buyer who prioritizes square footage and land over move-in-ready condition, or an investor seeing potential in one of the larger properties in the community.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
Property assessments are based on a mass appraisal system considering many factors, including local market sales. While the home is large for its area, the assessed value reflects the prevailing price levels in the Inkster-Faraday neighbourhood.

2. What does "not renovated" imply for the basement?
The basement is a full, usable space but has not been modernized or finished to current standards. Buyers should budget for potential updates and consider a thorough inspection to assess the condition of foundational systems.

3. How does the lack of a garage affect practicality?
The property has no garage, which is common for homes of this era in the area. Buyers should factor in street parking or the potential cost and space required to add a garage or carport to the sizable lot.

4. The home is newer than most on the street. What are the implications?
Built in 1958, it is a more recent construction than many neighbouring homes. This could mean somewhat updated building materials and systems for its age, though all major components (roof, wiring, plumbing) are still nearing or beyond typical lifespans and require evaluation.

5. The sold price history shows a range. How can I get the exact figure?
Exact sale prices are not publicly displayed in detail. The listing service offers to provide the precise sold price via email request, which they handle manually without using the contact for unsolicited marketing.