Property score
55.4
Fair
Overall 55.4 · Larger than most nearby homes
1,200 sqft (top 26%) · Built in 1922 (8 yrs older than avg)
Located in a above-average income area with median household income of ~69k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Above average
17% larger than neighborhood avg.
Year Built
Near average
8 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
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: #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
569 Bannerman Avenue — 12 amenities found within 500 m, across 6 categories, including 1 dining (nearest 151 m), 1 education (nearest 382 m), 2 healthcare (nearest 217 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 45% | Top 37% | Bottom 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Bottom 32% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 569 Bannerman Avenue
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1922, presents a practical opportunity in Winnipeg's Inkster-Faraday neighbourhood. Its key appeal lies in its balance of renovated space and manageable scale. With 1,200 square feet of living area, the home offers more space than many comparable properties in the immediate area and neighbourhood, placing it in the top quarter for size locally. A recently renovated basement adds functional living space.
The home suits first-time buyers seeking a solid starter home with move-in-ready updates, or investors looking for a character property with established rental history in the area. Its assessed value is modest relative to the wider city, suggesting a potentially accessible entry point. A thoughtful perspective is that while the lot size is smaller than average, this can translate to lower maintenance—a plus for those seeking a home without extensive yard work. The detached garage offers flexibility for parking, storage, or workshop space. It’s a property for those who value character and practical updates over a large, modern footprint.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to nearby homes?
At 1,200 sqft, the living area is above average for both Bannerman Avenue and the broader Inkster-Faraday neighbourhood, ranking in the top 30% locally.
2. What is the significance of the assessed value?
The assessed value of $20,800 is around average for the street and neighbourhood but is below the city-wide average. This typically indicates a property with a lower tax base relative to much of Winnipeg.
3. Are recent sold prices available?
Exact sold prices are not publicly listed. The page shows estimated price ranges from previous sales (e.g., ~$19.5k-$22.5k in March 2025). You can request the exact figures from the site via email.
4. What should I consider about the lot size?
The land area of 2,944 sqft is below average for the area. This means a smaller yard, which can be a drawback for those wanting extensive outdoor space but an advantage for buyers seeking minimal exterior maintenance.
5. How does the age of the home factor in?
Built in 1922, the home is older than the city-wide average. This often means character and established neighbourhoods, but prospective buyers should ensure inspections cover foundational, electrical, and plumbing systems common to homes of this era.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
