Property score
53.0
Fair
Overall 53.0 · Compared with neighbourhood average
1,140 sqft (top 34%) · Built in 1914 (16 yrs older than avg)
Located in a above-average income area with median household income of ~62.8k
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
Near average
11% larger than neighborhood avg.
Year Built
Near average
16 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 10%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
53.0 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: #46110909
$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
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
604 Cathedral Avenue — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 170 m), 1 education (nearest 347 m), 2 healthcare (nearest 142 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 | Bottom 40% | Top 40% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 604 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, century-old home (built in 1914) in the Inkster-Faraday neighbourhood. With 1,140 sqft of living space and a renovated basement, it offers functional space on a standard city lot. Its primary appeal lies in its affordability and straightforward practicality. The home's assessed value is notably low, positioning it as one of the most accessible entry points into Winnipeg's housing market. This isn't a luxury property; its strength is in providing solid fundamentals without frills—no garage or pool, but with the essential work of a basement renovation already completed.
It would suit first-time buyers or investors seeking a low-cost entry into homeownership, where the priority is securing a foothold in the market rather than finding a turn-key or feature-rich property. A thoughtful perspective for the right buyer is viewing this home as a blank canvas: its lower acquisition cost frees up capital for gradual, personalized updates. Additionally, its "around average" metrics within its immediate area suggest it fits the local context well, potentially offering stability without the premium of a more competitive neighbourhood.
Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The assessed value is based on municipal valuation for tax purposes, which heavily considers the home's age, size, and local market conditions in Inkster-Faraday. It reflects the property's position as an affordable option within the wider city market.
2. What does having a "renovated basement" typically mean for a home of this age?
While specifics would require an inspection, in a 1914 home this often indicates essential updates have been made to improve livability and moisture control, such as finished walls and flooring. It adds functional space but may retain older foundational and mechanical elements.
3. How does the lack of a garage affect daily living and property value here?
On-street parking is common in the area. The absence of a garage keeps the purchase price and property taxes lower, which is a trade-off many buyers in this price segment accept. It's a practical consideration for vehicle storage and winter weather.
4. The home last sold in 2019. What can that price history indicate?
The previous sale price range (approximately $19.5k-$22.5k) is consistent with the current low assessed value, confirming the property's longstanding position in the affordable market segment. It suggests stable, modest valuation in recent years.
5. For a first-time buyer, what are the less obvious considerations with a 110-year-old house?
While charm and character are often cited, prudent considerations include the potential for older plumbing, wiring, and insulation. The already-renovated basement is a plus, but budgeting for ongoing maintenance and potential updates to original parts of the house is wise. The lower purchase price can help facilitate this.
