Property score
49.9
Below average
Overall 49.9 · Compared with neighbourhood average
1,032 sqft (top 47%) · Built in 1914 (16 yrs older than avg)
Located in a above-average income area with median household income of ~69k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 2 shops nearby
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Near average
16 yrs older than neighborhood avg.
Mother tongue
English · 66%Tagalog · 20%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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49.9 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: #46110908
$69K
Median household income
$79K
Average household income
16%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
26%
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
548 Atlantic Avenue — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 163 m), 1 education (nearest 387 m), 2 healthcare (nearest 245 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 42% | Top 46% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 548 Atlantic Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, century-old home (built 1914) in the Inkster-Faraday neighbourhood. Its key characteristics are its modest, efficient scale—offering just over 1,000 sqft of living space across one and three-quarter storeys—and a smaller, manageable lot. The basement exists but is not renovated, and there is no garage or pool.
The appeal lies in its straightforward, no-frills practicality. For its immediate area and neighbourhood, the home is consistently "around average" in size, assessed value, and age, representing a typical entry-point property here. It suits a specific buyer: someone seeking an affordable, low-maintenance footprint, likely a first-time homebuyer or an investor looking for a rental property. Its value is in being an uncomplicated, functional home in an established area, without the upkeep demands or price tag of larger, newer builds. A thoughtful perspective is that its smaller lot and average neighbourhood rankings might actually be a benefit for those wishing to minimize yard work and property taxes while still gaining a foothold in the market.
Section 2: Frequently Asked Questions
1. What is the actual recent sold price?
The available public data shows a sold price range of $18.5k to $21.5k in January 2017. For the exact sale price, you must request it via email from the site, as they manually provide this data to ensure accuracy.
2. How does this home compare to others in the area?
Within the Inkster-Faraday neighbourhood and on Atlantic Avenue itself, this home is consistently around the average for living area, assessed value, and year built. Its lot size, however, is below average for the area.
3. What does "one & 3/4 storey" mean?
This is a common Winnipeg architectural style. It typically means the home has a full main floor and a second floor where the roofline slopes inward, making some of the upper rooms have slanted ceilings or slightly less square footage than a full two-storey home.
4. Is the basement usable?
The listing confirms a basement exists but specifies it is "not renovated." This suggests it is in a functional, likely unfinished state, suitable for utilities and storage but not as living space without potential upgrades.
5. Why is the city-wide assessed value comparison so different?
The assessed value is around $20,500, which is average for Inkster-Faraday but ranks in the top 91% city-wide (meaning it's lower than about 90% of Winnipeg homes). This highlights the significant variation in property values between different neighbourhoods and property types across Winnipeg.
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