595 Bannerman Avenue

Inkster-Faraday, Winnipeg

Property score

49.4

Below average

Overall 49.4 · Newer than most nearby homes

871 sqft (bottom 36%) · Built in 1957 (27 yrs newer than avg)

Located in a above-average income area with median household income of ~69k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 1 shop nearby

Living Area

Below average

15% 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)

Sold Count

538

Median price

247.5k

$/sqft

$193/sqft

Avg build year

1930

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Property score

49.4 is composed by the two sections below.

Property Score

39.9Low
Living Area32
871 sqftLow
Year Built43
1957Low
Lot Size67
5,186 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

63.7Fair
Household Income70
Good
Education Level34
Low
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health60
Fair

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
871 sqft
0255075100
Same streetBottom 21%Same areaBottom 36%CitywideBottom 14%
Same street · Bannerman Avenue
#455 / 577
Bottom 21% · Avg 1,114 sqft
Same area · Inkster-Faraday
#916 / 1,442
Bottom 36% · Avg 1,025 sqft
Citywide · Winnipeg
#167,190 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
249k
0255075100
Same streetTop 47%Same areaTop 14%CitywideBottom 17%
Same street · Bannerman Avenue
#272 / 577
Top 47% · Avg 243.4k
Same area · Inkster-Faraday
#199 / 1,442
Top 14% · Avg 197.6k
Citywide · Winnipeg
#161,585 / 194,458
Bottom 17% · Avg 390.1k

Year Built

Elite
1957
0255075100
Same streetTop 9%Same areaTop 4%CitywideBottom 37%

Lot Size

above average
5,186 sqft
0255075100
Same streetTop 21%Same areaTop 9%CitywideTop 50%

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

595 Bannerman Avenue — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 226 m), 1 education (nearest 453 m), 2 healthcare (nearest 265 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare2
🛒Shopping1
🌳Parks5
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

595 Bannerman 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: 595 Bannerman Avenue, Winnipeg

Property Overview: 595 Bannerman Avenue

Key Characteristics & Appeal

This one-storey home on Bannerman Avenue in Inkster-Faraday presents a practical and value-oriented opportunity. Its key appeal lies in a combination of a generous, above-average lot size (over 5,100 sqft) and a recently renovated basement, offering potential for extra living space or rental income. Built in 1957, it is notably newer than most homes in the immediate area, which may mean fewer concerns with aging core components compared to neighbouring properties.

The home’s living area is modest at 871 sqft, positioning it as a more compact, manageable property. This, coupled with its detached garage and lower-than-city-average assessed value, suggests a focus on essentials rather than luxury. It would suit first-time buyers seeking an entry point into the market with a solid lot to build equity, or practical investors looking for a character home with a renovated basement suite potential in a neighbourhood of older housing stock. Its above-average assessment within Inkster-Faraday itself indicates it is perceived as a relative standout in its local context.

Frequently Asked Questions

1. How does the year built (1957) affect this property?
At 69 years old, it’s an older home that will require ongoing maintenance. However, it is significantly newer than the neighbourhood average (often pre-1940), which can be a relative advantage for major systems like wiring or plumbing.

2. Is the lot size a major feature?
Yes. At 5,186 sqft, the lot is larger than most in both the immediate area and the wider neighbourhood. This provides valuable outdoor space, potential for additions, or simply a greater sense of privacy.

3. What does the assessed value tell me?
The assessed value is a municipal tool for calculating property taxes, not a market price. That it is above average for Inkster-Faraday but below average city-wide highlights this property’s position as a stronger contender within its more affordable local market.

4. Who might this property not suit?
Buyers needing significant move-in-ready, modern square footage on the main floor may find the 871 sqft living area limiting. It’s better suited for those comfortable with a cozy layout or who plan to utilize the renovated basement space.

5. What is the context of the "renovated basement"?
The listing confirms a renovated basement but provides no details on the quality, permits, or specific finish. This is a key feature to investigate thoroughly to understand its current condition and legal compliance as living space.