39.8
Below average
Property score
39.8
Below average
Overall 39.8
Smaller but newer than most nearby homes
684 sqft (bottom 11%)
Built in 1957 (27 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
Below average
33% smaller than neighborhood avg.
Year Built
Above average
27 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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39.8 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
582 Atlantic Avenue — 14 amenities found within 500 m, across 6 categories, including 1 dining (nearest 222 m), 1 education (nearest 453 m), 2 healthcare (nearest 278 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 44% | Top 34% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 582 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1957, offering a straightforward living option in the Inkster-Faraday neighbourhood. Its primary appeal lies in its relative newness compared to most homes in the immediate area, as it is notably younger than the neighbourhood's average. With a modest 684 sqft of living space and an unrenovated basement, it presents a no-frills canvas. The detached garage and a 2,554 sqft lot provide practical, low-maintenance outdoor space.
The home suits first-time buyers or investors seeking an entry point into the market with lower property taxes, given its assessed value is significantly below the city average. It’s a pragmatic choice for those who prioritize function and potential over finished charm, or for someone looking for a manageable property to customize over time. A less obvious perspective is that its smaller size and simpler layout could be ideal for someone seeking to minimize living costs and complexity, or as a strategic hold in an area where the land itself may represent the core long-term value.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 684 sqft, the living area is below average for the street, neighbourhood, and city. It is among the smaller homes in the area, which translates to less space to maintain and heat.
2. Why is the assessed value so much lower than the city average?
The assessed value of $19,800 is typical for Inkster-Faraday but ranks in the top 92% lowest city-wide. This reflects the home's modest size, condition, and the broader market values of the neighbourhood compared to Winnipeg as a whole.
3. What does it mean that the home is "newer" than area averages?
Built in 1957, this home is significantly newer than most in Inkster-Faraday, where comparable homes average a build year of 1930. This could suggest potentially fewer issues associated with very old plumbing, wiring, or foundations.
4. What was the recent sale history?
Public records indicate a sale between $20.5k and $23.5k in January 2022. For the exact sale price, you can request details directly from the listing source.
5. What are the key features and drawbacks?
Key features include its post-war build date, detached garage, and manageable lot. The main drawbacks are the below-average living space and the unrenovated basement, which may require investment to finish.
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