Property score
55.4
Fair
Overall 55.4 · Newer than most nearby homes
1,127 sqft (top 36%) · 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: 8 parks, and 2 place of worships nearby
Living Area
Near average
10% larger 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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55.4 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
724 Polson Avenue — 10 amenities found within 500 m, across 2 categories, including 8 parks (nearest 113 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 33% | Bottom 48% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 724 Polson Avenue
Key Characteristics & Appeal
This one-and-a-half storey home on Polson Avenue is a practical, no-frills property built in 1945. With 1,127 sqft of living space and a 3,744 sqft lot, its size is consistently around the average for its immediate street and Inkster-Faraday neighborhood. A detached garage adds functional value.
The primary appeal lies in its position as an accessible entry point into the Winnipeg market. Its assessed value is notably below average for the city, which often translates to lower property taxes, a significant long-term savings. The home suits buyers with a clear vision for gradual improvement, such as first-time homeowners comfortable with a property that needs updates, or investors looking for a straightforward rental opportunity in a neighborhood of similarly valued homes. Its unassuming character offers a blank canvas without the premium price of a fully renovated or larger lot, making it a pragmatic choice over a prestige one.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed value is for municipal tax purposes and is influenced by the home's age, condition, and market values in its immediate area. This valuation reflects the property's standing within a neighborhood of more modestly valued homes, not necessarily its potential sale price.
2. What does "one-and-a-half storey" mean for living space?
Typically, this style features a main floor with principal rooms and a second floor under sloped roofs, creating cozy bedrooms or attic spaces. It offers a classic layout but may have less full-height square footage on the upper level compared to a two-storey home.
3. How recent are the sold price figures provided?
The last recorded sale was in September 2022. For the most accurate and current market valuation, consulting a local real estate agent for a comparative market analysis is recommended.
4. Is the lot size sufficient for additions or a garden?
At just under 3,800 sqft, the lot is fairly standard for the area. It provides adequate backyard space for family use or gardening but may have limitations for major expansions, subject to local zoning bylaws.
5. What are the implications of the home's age for a buyer?
Built in 1945, the home likely has character but may require attention to older electrical, plumbing, or insulation systems. A thorough pre-purchase inspection is essential to understand the condition and plan for any necessary updates or maintenance.
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