59.3
Fair
Property score
59.3
Fair
Overall 59.3
Larger and newer than most nearby homes
1,176 sqft (top 29%)
Built in 1946 (16 yrs newer than avg)
Located in a above-average income area
with median household income of ~81k
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Above average
16 yrs newer than neighborhood avg.
Mother tongue
English · 58%Tagalog · 25%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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59.3 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: #46110924
$81K
Median household income
$87K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
26%
Single-person households
28%
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
616 Bannerman Avenue — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 276 m), 1 education (nearest 486 m), 2 healthcare (nearest 284 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 19% | Bottom 32% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 616 Bannerman Avenue
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1946, presents a practical opportunity in Winnipeg's Inkster-Faraday neighbourhood. Its key appeal lies in its relative size and condition within a specific, value-conscious context. With 1,176 sqft of living space, it stands above average for both its street and immediate area, offering more room than many comparable local homes. A recently renovated basement adds functional living space and modern convenience. The home's assessed value is notably strong for the Inkster-Faraday area, ranking in the top 9%, which suggests it is a well-regarded property within its local market.
The lot, at just under 3,000 sqft, is compact. This translates to lower maintenance, a point of appeal for those seeking a manageable outdoor space. The detached garage provides utility and storage. This property would suit first-time buyers or pragmatic investors looking for a solid, move-in-ready home (thanks to the renovated basement) that offers good space for the price within the city. It’s a home that makes sense more on local terms than city-wide comparisons, representing a comfortable, established option without premium lot size.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The assessed value is for municipal tax purposes and is not a direct indicator of market value. However, its high ranking within Inkster-Faraday suggests the property is considered above average for the area, which can be a positive signal to buyers.
2. Is the lot size a disadvantage?
It depends on your priorities. While below average in size for the city, the lot is fairly typical for the neighbourhood. It requires less upkeep, which can be a benefit for those wanting minimal yard work, but offers less space for large gardens, expansions, or privacy.
3. What does the "renovated basement" likely include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a separate entrance or additional bedrooms.
4. The home sold in 2017 for a much lower price. Does that matter?
The 2017 sale price reflects the market conditions of that time. The Winnipeg market and this specific property (including the basement renovation) have likely changed significantly since then. Current value is driven by today's market and the home's updated condition.
5. How does this home rank for its age?
Built in 1946, it is newer than many homes in Inkster-Faraday (ranking in the top 13% for the area). This can imply potentially fewer issues with very old infrastructure compared to neighbouring houses built in the 1920s and 30s, though a thorough inspection is always recommended.
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