57.3
Fair
Property score
57.3
Fair
Overall 57.3
Larger and newer than most nearby homes
1,172 sqft (top 30%)
Built in 1947 (17 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: 6 parks, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
14% larger than neighborhood avg.
Year Built
Above average
17 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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57.3 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
742 Inkster Boulevard — 8 amenities found within 500 m, across 2 categories, including 6 parks (nearest 51 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 29% | Top 7% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home at 742 Inkster Boulevard presents a solid, no-frills opportunity in Winnipeg's Inkster-Faraday neighbourhood. Built in 1947, its key appeal lies in a recently renovated basement and a detached garage, offering practical, flexible space. The standout feature is the lot size: at 5,490 sqft, the land parcel is exceptionally large for both the immediate street and the broader neighbourhood, ranking in the top 5-7% locally. This provides valuable outdoor space and future potential that is rare in the area.
The home’s living area (1,172 sqft) and assessed value are above average for Inkster-Faraday, suggesting a well-regarded property within its specific community context. It would suit a practical buyer looking for a character home with a generous yard, or an investor/renovator who values the long-term asset of a large lot over a move-in-ready modern finish. Its appeal is grounded in space and location-specific value rather than luxury finishes.
Frequently Asked Questions
1. How does the assessed value compare to likely selling prices?
The assessed value is a municipal figure for tax purposes. Recent sold price data for the area and the home's above-average assessment in the neighbourhood suggest market value could differ. Checking recent sales of similar homes on Inkster Boulevard is essential.
2. What does the "Elite" ranking for land area actually mean?
It means this property's lot is larger than approximately 95% of other lots on Inkster Boulevard and 93% in the Inkster-Faraday area. This is a significant advantage for privacy, gardening, play space, or future expansion like a shed or addition, where local bylaws allow.
3. The home is older—what should I be mindful of?
Built in 1947, major systems like roof, wiring, plumbing, and insulation should be carefully evaluated. The renovated basement is a plus, but an inspection should verify the quality and permits for that work, as well as the condition of the original structure.
4. Is the detached garage a full-size garage?
The listing specifies a detached garage but does not give dimensions. Given the large lot, there's likely adequate space for parking and storage, but viewing or requesting measurements is recommended to confirm it meets your needs.
5. How does this home fit within the broader Winnipeg market?
While its size and value are above average for its immediate neighbourhood, citywide comparisons show it as average or below average for metrics like living area and year built. This highlights that its prime value is specifically within the context of the Inkster-Faraday community.
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