Property score
36.1
Below average
Overall 36.1 · Smaller than most nearby homes
600 sqft (bottom 4%) · Built in 1914 (16 yrs older than avg)
Located in a above-average income area with median household income of ~62.8k
Transit 86.0 · 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
41% smaller 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
36.1 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
608 Cathedral Avenue — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 185 m), 1 education (nearest 362 m), 2 healthcare (nearest 157 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 3% | Bottom 13% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 608 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1914, situated on a standard city lot in the Inkster-Faraday neighbourhood. Its key characteristic is its exceptionally accessible price point, reflected in its low assessed value and recent sale price. With 600 sqft of living space and an unfinished basement, it is notably smaller than most homes in Winnipeg, positioning it as a true entry-level property or a minimal-footprint opportunity.
The primary appeal lies in its affordability and potential. It represents a rare chance for cost-conscious entry into the Winnipeg market, with property taxes that would be among the lowest in the city. It would suit a specific type of buyer: a first-time purchaser comfortable with a renovation project, an investor looking for a straightforward rental property with low carrying costs, or someone seeking an affordable, downsized living option. A less obvious perspective is its appeal to those interested in a "right-sized," low-consumption lifestyle, where the small footprint translates to minimal utility costs and maintenance. The home’s age and condition mean its value is almost entirely in the land and structure, offering a blank canvas for incremental improvement.
Frequently Asked Questions
1. What is the actual selling price?
The home sold in July 2024 for an estimated $10.5k to $13.5k. The exact sale price is available upon request from the listing service.
2. What does the "Top 98%" ranking for Living Area mean?
It means this home's interior size (600 sqft) is smaller than approximately 98% of comparable properties in its immediate area, confirming it as a notably compact dwelling.
3. Is the basement usable?
The listing specifies the basement exists but is "not renovated." It is unfinished, meaning it has raw space that could be developed but requires significant work.
4. Why is the assessed value so much lower than the city-wide average?
The assessed value of approximately $13.4k is based on the property's current state, size, and market factors. It is dramatically below the city average because it is a very small, older home in need of updates, making its property tax burden exceptionally low.
5. What are the immediate next steps for a new owner?
Given the home's age and condition, a thorough inspection is essential. Priorities would likely include evaluating the foundational integrity, roof, wiring, and plumbing. Planning would focus on making the main floor livable, with the basement as a long-term project.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
