572 Cathedral Avenue

Inkster-Faraday, Winnipeg

Property score

42.2

Below average

Overall 42.2 · Older than most nearby homes

873 sqft (bottom 37%) · Built in 1912 (18 yrs older than avg)

Located in a above-average income area with median household income of ~62.8k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 2 shops nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Below average

18 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 10%

Past 10 years Inkster-Faraday sales snapshot (~80% of all data)

Sold Count

538

Median price

247.5k

$/sqft

$193/sqft

Avg build year

1930

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Property score

42.2 is composed by the two sections below.

Property Score

30.2Low
Living Area873 sqft32Low
Year Built191216Low
Lot Size3,151 sqft38Low
Neighbourhood Sales Activity42Low

Community Score

60.3Fair
Household Income66Good
Education Level34Low
Housing Stress74Good
Core Housing Need63Fair
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110909

Community deep dive

$63K

Median household income

$74K

Average household income

13%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.3

P90 / P10 ratio

31%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)551
Labour force participation rate65%
Median age35.6
Avg household size2.5
Unemployment rate8%
Population density3673 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households31%
Couple families with children20%
Median household income (2020)$63K

Housing

Renter households38%
Condominium dwellings0%
Median dwelling value (owners)$220K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority8%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Tagalog · 10%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
873 sqft
0255075100
Same streetBottom 24%Same areaBottom 37%CitywideBottom 14%
Same street · Cathedral Avenue
#380 / 499
Bottom 24% · Avg 1,212 sqft
Same area · Inkster-Faraday
#914 / 1,442
Bottom 37% · Avg 1,025 sqft
Citywide · Winnipeg
#166,947 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

around average
191k
0255075100
Same streetBottom 26%Same areaBottom 46%CitywideBottom 7%
Same street · Cathedral Avenue
#367 / 499
Bottom 26% · Avg 244k
Same area · Inkster-Faraday
#783 / 1,442
Bottom 46% · Avg 197.6k
Citywide · Winnipeg
#180,712 / 194,458
Bottom 7% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetBottom 36%Same areaBottom 23%CitywideBottom 8%

Lot Size

around average
3,151 sqft
0255075100
Same streetBottom 9%Same areaBottom 44%CitywideBottom 14%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

572 Cathedral Avenue — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 80 m), 1 education (nearest 256 m), 2 healthcare (nearest 57 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare2
🛒Shopping2
🌳Parks5
Worship2

Crime & Safety

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%

Sales History

572 Cathedral Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 572 Cathedral Avenue, Winnipeg

Property Overview

572 Cathedral Avenue is a one-and-a-half storey home built in 1912, offering 873 square feet of living space on a 3,151 square foot lot. It features a detached garage and a basement that is noted as being unrenovated. The home’s assessed value is $19,100.

Key Characteristics & Appeal

This property presents a straightforward, entry-level opportunity in Winnipeg’s Inkster-Faraday neighbourhood. Its primary appeal lies in its affordability and manageable scale, underscored by an assessed value that is modest for the city and on par with the local area. The home is smaller than many in its immediate vicinity, which translates to lower utility costs and less maintenance—a practical consideration for first-time buyers or those looking to downsize. The lot size is typical for the neighbourhood, offering adequate outdoor space without being burdensome.

It would suit a buyer comfortable with a home that has a functional, no-frills character. The unrenovated basement signals a chance to add value according to one's own taste and budget over time. This isn't a move-in-ready showcase, but a solid foundation. A thoughtful perspective is that its older age (1912) and established location often come with mature trees and a sense of settled community that newer subdivisions lack. It’s a property for those who see potential in the essentials and prioritize financial accessibility over modern finishes or ample square footage.

Frequently Asked Questions

1. What does "below average" for living area and land size actually mean for daily life?
It means the home and yard are more compact than many others. This can be an advantage, leading to lower heating costs, less time spent on cleaning and yard work, and a cozier feel. It requires efficient use of space.

2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's modest size, age, and location within the city's market. It is closely aligned with values in the Inkster-Faraday area, indicating it is priced appropriately for its local context rather than the broader, more expensive Winnipeg market.

3. Is the unrenovated basement a major concern?
It is not a concern if you are budgeting for future improvements or need only basic storage/utility space. It does mean the space is in original condition and may require addressing moisture-proofing, insulation, or finishing to become a comfortable living area.

4. How does the age of the home (1912) affect maintenance?
While charm and character are benefits, an older home typically requires diligent upkeep. Buyers should prioritize inspections for the foundation, roof, wiring, and plumbing to understand any needed updates or repairs.

5. What are the immediate next-door properties like?
The listing shows several homes directly adjacent on Cathedral Avenue, suggesting a closely-built streetscape typical of older neighbourhoods. This often fosters a strong neighbourly atmosphere but offers less privacy than a more sprawling suburb.

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