727 Inkster Boulevard

Inkster-Faraday, Winnipeg

Property score

53.2

Fair

Overall 53.2 · Compared with neighbourhood average

1,030 sqft (top 47%) · Built in 1923 (7 yrs older 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

Near average

1% larger than neighborhood avg.

Year Built

Near average

7 yrs older 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

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Property score

53.2 is composed by the two sections below.

Property Score

47.3Low
Living Area1,030 sqft52Fair
Year Built192320Low
Lot Size5,007 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

62.0Fair
Household Income77Good
Education Level22Low
Housing Stress52Fair
Core Housing Need63Fair
Employment Health76Good

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

around average
1,030 sqft
0255075100
Same streetBottom 38%Same areaTop 47%CitywideBottom 29%
Same street · Inkster Boulevard
#361 / 582
Bottom 38% · Avg 1,143 sqft
Same area · Inkster-Faraday
#679 / 1,442
Top 47% · Avg 1,025 sqft
Citywide · Winnipeg
#137,945 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
221k
0255075100
Same streetBottom 30%Same areaTop 32%CitywideBottom 11%
Same street · Inkster Boulevard
#408 / 582
Bottom 30% · Avg 254.3k
Same area · Inkster-Faraday
#461 / 1,442
Top 32% · Avg 197.6k
Citywide · Winnipeg
#172,179 / 194,458
Bottom 11% · Avg 390.1k

Year Built

around average
1923
0255075100
Same streetBottom 35%Same areaBottom 46%CitywideBottom 14%

Lot Size

above average
5,007 sqft
0255075100
Same streetTop 11%Same areaTop 11%CitywideBottom 46%

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

727 Inkster Boulevard — 7 amenities found within 500 m, across 2 categories, including 5 parks (nearest 135 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 4/2019CA$150k–200k
Sold price

Same street

Bottom 16%

Same area

Bottom 42%

City-wide

Bottom 8%
Sold 9/2016CA$150k–200k
Sold price

Same street

Bottom 6%

Same area

Bottom 29%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 727 Inkster Boulevard, Winnipeg

Property Overview: 727 Inkster Boulevard

This one-and-a-half storey home, built in 1923, presents a practical opportunity in Winnipeg's Inkster-Faraday neighbourhood. Its key appeal lies in a renovated basement and a detached garage, set on a notably larger-than-average lot for the immediate area. The living space of 1,030 sq ft is typical for similar homes nearby. Recent sold price history and a current assessed value position this property as an accessible entry point into the market. It suits first-time buyers, investors, or those seeking a lower-maintenance footprint with the added benefit of a generous outdoor space for its setting.

Key Characteristics & Appeal

The home’s most significant asset is its 5,007 sq ft lot, which ranks in the top 11% for size both on its street and in the Inkster-Faraday area. This offers valuable potential for gardening, expansion, or simply more private outdoor space than neighbours might have. The renovated basement adds functional living area, and the detached garage provides storage or workshop space. With a living area and assessed value that are around average for the local context, this property represents a grounded, no-surprises proposition. It would suit a buyer looking for a character home with a manageable scale, where value is derived more from land size and functional updates than from sheer square footage or modern finishes. It’s a home for someone who sees potential in established neighbourhoods and values outdoor room over a large interior.


Frequently Asked Questions

1. Is the renovated basement a legal suite?
The provided details note a "renovated basement" but do not specify it as a legal or secondary suite. A buyer must verify its compliance with local zoning and licensing regulations with the city.

2. How does the assessed value relate to the likely selling price?
The assessed value for municipal taxes is often different from market value. The recent sold price history (e.g., $16.5k-$19.5k in 2019) provides a more relevant, though dated, benchmark. Current market conditions will ultimately determine the price.

3. What are the implications of the home's age (1923)?
While offering classic character, a home over 100 years old requires diligent inspection for foundational integrity, plumbing, electrical systems, and insulation. It may also qualify for certain heritage-related programs or restrictions, which should be researched.

4. The lot is large for the area. Could it be subdivided?
This is a complex question. While the lot size is above average locally, subdivision depends on specific city zoning bylaws, minimum lot size requirements, and utility access. This would require a formal inquiry with the City of Winnipeg's planning department.

5. How does this home compare to others in Winnipeg overall?
The data shows that city-wide, this home's living area and year built are below the Winnipeg average, while its assessed value is significantly lower. This highlights that its primary context and value are hyper-local to the Inkster-Faraday neighbourhood, not the broader city market.

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