57.9
Fair
Property score
57.9
Fair
Overall 57.9
Larger than most nearby homes
1,207 sqft (top 26%)
Built in 1928 (2 yrs older than avg)
Located in a above-average income area
with median household income of ~74k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 2 dining spots, 3 schools, 2 healthcare facilitys, and 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
18% larger than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 56%Tagalog · 28%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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57.9 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: #46110921
$74K
Median household income
$84K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
28%
Single-person households
34%
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
740 Boyd Avenue — 16 amenities found within 500 m, across 8 categories, including 2 dining (nearest 300 m), 3 education (nearest 215 m), 2 healthcare (nearest 198 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 | Top 17% | Top 34% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 740 Boyd Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home on Boyd Avenue in the Inkster-Faraday neighbourhood presents a practical opportunity. Built in 1928, it offers 1,207 sqft of living space, which is notably above average for both its immediate street and local area. The property includes a detached garage and a basement, though the basement is noted as not being renovated.
Its primary appeal lies in its solid relative value within its established community. The home ranks in the top 30% on its street for both living area and assessed value, meaning it stands out positively among its closest peers. This suggests a well-sized home for the area that may offer more space than many neighbouring properties. It suits a buyer looking for a character home in a mature neighbourhood without a premium price tag, potentially a first-time homeowner, an investor, or someone seeking a straightforward, functional property. A thoughtful perspective is that while its city-wide rankings for metrics like land size are lower, this highlights the property’s context: it’s a home that makes sense within its local market rather than as a city-wide comparison, appealing to those who value neighbourhood-specific value.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about the property?
The assessed value of $19,400k places this home above average for Boyd Avenue and around average for the Inkster-Faraday area. It’s important to note that assessed value is for municipal tax purposes and is not a market appraisal, but it indicates the home is considered a substantial property within its immediate locale.
2. How does the living space compare to nearby homes?
With 1,207 sqft, this home offers more living area than many comparable properties on Boyd Avenue and in the wider Inkster-Faraday neighbourhood, ranking in the top 30% and 26% respectively. This is one of its stronger comparative features.
3. What should I know about the “not renovated” basement?
The listing specifies the basement exists but is not renovated. Buyers should budget for potential updates or repairs and will likely want to investigate its current condition, moisture levels, and suitability for storage or future development during a viewing and inspection.
4. The home sold recently in March 2024. What can that price indicate?
The recorded sold price range from March 2024 provides a recent market benchmark. Understanding the exact sold price (available by request from the site) can help gauge current value trends for similar, well-sized homes in this specific part of Inkster-Faraday.
5. How does the lot size impact this property?
The land area of 2,923 sqft is around average for the street but below average for the wider city. This means outdoor space is typical for the area but may be more compact than in newer suburban neighbourhoods. It suits those preferring lower maintenance or a more efficient lot layout.
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