Property score
35.4
Below average
Overall 35.4 · Smaller than most nearby homes
520 sqft (bottom 1%) · Built in 1924 (6 yrs older than avg)
Located in a above-average income area with median household income of ~69k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
49% smaller than neighborhood avg.
Year Built
Near average
6 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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35.4 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
583 Cathedral Avenue — 12 amenities found within 500 m, across 6 categories, including 1 dining (nearest 111 m), 1 education (nearest 325 m), 2 healthcare (nearest 133 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%
583 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home on Cathedral Avenue presents a specific and straightforward opportunity. Built in 1924, its key characteristic is a very modest 520 sqft of living space, which is notably smaller than most homes in Winnipeg. It sits on a decently sized lot of over 3,300 sqft and includes a detached garage and an unrenovated basement. The home’s assessed value is significantly lower than many nearby properties, which is its primary defining feature.
Its appeal lies in its position as an entry-point property or a blank-slate project. It would suit a buyer looking for a land-value purchase with a liveable structure, such as a first-time buyer comfortable with a cozy footprint, an investor seeking a rental property with a low entry cost, or a long-term holder willing to live in it while planning a future expansion or rebuild, leveraging the larger lot size. A less obvious perspective is its potential for someone seeking to minimize their physical footprint and property tax burden, as the ultra-compact living area forces a simplified lifestyle.
Frequently Asked Questions
1. Why is the assessed value so much lower than the similar-looking homes in the list?
The assessed value is based on the property's current state, size, and market factors. The very small living area (520 sqft) is a major contributor, as assessment heavily weighs livable square footage. The unrenovated condition and age also factor in.
2. What does "Top 1% in same street" for Living Area mean?
This percentile ranking means this home has more living area than only 1% of homes on its street. In simpler terms, it is among the very smallest houses on Cathedral Avenue. This highlights its compact nature.
3. Is the land size a redeeming feature?
Yes. At 3,351 sqft, the lot is above average for the street (top 28%). This discrepancy between a small house and a reasonably sized lot is the property's key dynamic, offering potential for outdoor space, gardening, or future expansion where zoning allows.
4. The listed "related homes" have much higher assessed values. Are they truly comparable?
They are related primarily by neighbourhood and viewer interest, not direct comparables. Most have significantly more living space (often double or more), which directly translates to higher assessments and market value. They show what typical homes in the area are like, underscoring how this property differs.
5. What should a buyer prioritize when viewing this property?
Focus on the condition of the core structure (foundation, roof, wiring, plumbing) and the potential costs of modernizing the basement. Given the small interior, the viability and cost of any expansion should be researched against zoning bylaws. The value here is in the lot and location, with the house likely requiring updates or being treated as a tear-down in the long term.
