591 Atlantic Avenue

Inkster-Faraday, Winnipeg

Property score

47.2

Below average

Overall 47.2 · Compared with neighbourhood average

996 sqft (top 50%) · Built in 1918 (12 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, 2 healthcare facilitys, 1 shop, and 6 parks nearby

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Near average

12 yrs older than neighborhood avg.

Mother tongue

English · 66%Tagalog · 20%

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

47.2 is composed by the two sections below.

Property Score

36.2Low
Living Area996 sqft42Low
Year Built191816Low
Lot Size3,202 sqft38Low
Neighbourhood Sales Activity42Low

Community Score

63.7Fair
Household Income70Good
Education Level34Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health60Fair

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: #46110908

Community deep dive

$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

Population, labour & age

Population (2021)639
Labour force participation rate66%
Median age37.6
Avg household size2.6
Unemployment rate11%
Population density5325 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households26%
Couple families with children26%
Median household income (2020)$69K

Housing

Renter households42%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)39%
Visible minority47%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Tagalog · 19%

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

Rankings

Living Area

around average
996 sqft
0255075100
Same streetTop 45%Same areaTop 50%CitywideBottom 26%
Same street · Atlantic Avenue
#249 / 551
Top 45% · Avg 1,017 sqft
Same area · Inkster-Faraday
#727 / 1,442
Top 50% · Avg 1,025 sqft
Citywide · Winnipeg
#144,766 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
189k
0255075100
Same streetBottom 37%Same areaBottom 45%CitywideBottom 7%
Same street · Atlantic Avenue
#346 / 551
Bottom 37% · Avg 222.8k
Same area · Inkster-Faraday
#795 / 1,442
Bottom 45% · Avg 197.6k
Citywide · Winnipeg
#181,236 / 194,458
Bottom 7% · Avg 390.1k

Year Built

around average
1918
0255075100
Same streetBottom 47%Same areaBottom 41%CitywideBottom 12%

Lot Size

around average
3,202 sqft
0255075100
Same streetBottom 41%Same areaBottom 45%CitywideBottom 15%

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

591 Atlantic Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 273 m), 2 healthcare (nearest 332 m), 1 shopping (nearest 214 m).

Search radius
🍽️Dining1
🏥Healthcare2
🛒Shopping1
🌳Parks6
Worship3

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

Sold 7/2020CA$150k–200k
Sold price

Same street

Bottom 37%

Same area

Bottom 45%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 591 Atlantic Avenue, Winnipeg

Property Summary: 591 Atlantic Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1918, presents a practical opportunity in Winnipeg's Inkster-Faraday neighbourhood. With 996 sqft of living space and a renovated basement, it offers functional living on a standard 3,202 sqft lot, complemented by a detached garage. Its core appeal lies in its relative affordability and solid positioning within its immediate area. While its size and assessed value are below the city-wide average, they are consistently around or above the average for Atlantic Avenue and the Inkster-Faraday community. This indicates a home that is competitively priced and proportionally sized for its established neighbourhood.

This property would suit first-time buyers or practical investors seeking an entry point into the Winnipeg market without the premium of a newer or larger home. It’s a straightforward option for those who prioritize value within a specific community over standout city-wide metrics. The renovated basement adds modern utility to the classic character of a century-old home, offering a balance of charm and updated living space. A thoughtful perspective is that homes like this often represent the stable, unassuming backbone of a mature neighbourhood—they may not lead in rankings, but they offer dependable value and community integration.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others in the city?
While its living space and assessed value place it in the bottom 25-30% city-wide, it's essential to note it ranks in the top 50-60% within its own street and neighbourhood. This suggests you are paying for a home that is competitive in its local context, not the broader, more varied Winnipeg market.

2. What does the assessed value of $18.90k mean for the selling price?
The assessed value is for municipal tax purposes and is typically far lower than the market value. The last known sold price range in 2020 was $16.50k-$19.50k, but current market value would be determined by recent sales, condition, and demand. Always rely on a current market evaluation.

3. Are there any concerns with a home built in 1918?
While the basement has been renovated, a home of this age may have older components (like plumbing, electrical, or the foundation) that require inspection. Its character is a plus, but potential maintenance should be factored into your decision.

4. How does the lot size impact this property?
At just over 3,000 sqft, the lot is smaller than the Winnipeg average but typical for the area. It provides adequate outdoor space for a garden or patio without extensive maintenance, suiting buyers looking for a manageable yard.

5. Where can I find the exact historical sold prices?
The listing service provides estimated ranges. To obtain the precise sold price history, you must request it directly via the email link provided on the detail page, as this data is verified and shared manually.

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