52.5
Fair
Property score
52.5
Fair
Overall 52.5
Newer than most nearby homes
1,034 sqft (top 47%)
Built in 1945 (15 yrs newer 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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Above average
15 yrs newer 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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52.5 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
572 Atlantic Avenue — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 205 m), 1 education (nearest 436 m), 2 healthcare (nearest 267 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 33% | Top 23% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 572 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Inkster-Faraday presents a practical and renovated living space. With 1,034 sqft of living area and a renovated basement, it offers functional space for a small household. Its key appeal lies in its solid positioning within the immediate area—it consistently ranks above or near the average for the neighbourhood in metrics like assessed value and year built, suggesting it is a well-regarded property on its street and within the local community context. The detached garage adds practical utility.
The home would suit first-time buyers or downsizers seeking an established, no-fuss property in a neighbourhood of similar vintage homes. Its city-wide assessed value is notably below the Winnipeg average, which may indicate a lower property tax burden, a significant but less obvious financial advantage. Buyers should note the lot is smaller than many in the area, which translates to less exterior maintenance but also limited space for expansion or large gardens.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows it is consistently around or above average for the Inkster-Faraday neighbourhood in living space, assessed value, and age, indicating it aligns well with local norms. Its lot size is slightly below the area average.
2. What is the significance of the assessed value being much lower than the city-wide average?
A below-average city-wide assessment typically correlates with a lower municipal property tax bill, which is an ongoing annual saving. It reflects the home’s value relative to the entire Winnipeg market, not its condition or appeal within its own neighbourhood.
3. The home was built in 1945. What should I consider?
While the home is newer than many on its street, any house of this age will have core systems (like plumbing, electrical, and the roof) that may need attention or updating. The renovated basement is a positive, but an inspection is essential.
4. Can I see the exact historical sale prices?
The exact sold prices are not publicly listed in detail here. The site provides estimated ranges and offers to provide precise figures via email upon request.
5. What are the nearby properties like?
The immediate neighbours on Atlantic Avenue are homes of very similar style and vintage, suggesting a streetscape of consistent character. The "similar assessed value" listings provided are from across Winnipeg and are for comparison of financial value only, not neighbourhood or style.
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