34.3
Below average
Property score
34.3
Below average
Overall 34.3
Smaller but newer than most nearby homes
680 sqft (bottom 11%)
Built in 1949 (19 yrs newer than avg)
Located in a above-average income area
with median household income of ~65k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 2 schools, 3 shops, 3 parks, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Above average
19 yrs newer than neighborhood avg.
Mother tongue
English · 65%Tagalog · 24%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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34.3 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: #46110920
$65K
Median household income
$67K
Average household income
23%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
21%
Single-person households
30%
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
618 College Avenue — 15 amenities found within 500 m, across 6 categories, including 2 education (nearest 374 m), 3 shopping (nearest 103 m), 3 parks (nearest 367 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 | Top 50% | Bottom 41% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 618 College Avenue
Key Characteristics & Appeal
This is a compact, one-storey home built in 1949, offering a renovated basement and a detached garage. Its primary appeal lies in its efficiency and affordability. With a living area of 680 sq ft, it is notably smaller than most homes in the city, neighbourhood, and even on its own street, positioning it as a low-maintenance, budget-conscious option. The assessed value is significantly below the Winnipeg city average, suggesting very low property taxes, which is a major financial advantage.
The home suits first-time buyers seeking an entry point into the market with minimal overhead, or investors looking for a straightforward rental property. Its above-average age for the immediate area indicates it is among the newer homes on a street with many heritage properties, potentially meaning fewer immediate concerns with outdated systems. The small land size (2,276 sq ft) further underscores the low-maintenance lifestyle, focusing the offering on the dwelling itself rather than outdoor upkeep. It’s a practical choice for those who prioritize financial efficiency and simplicity over space.
Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. A low assessed value typically translates to significantly lower annual property taxes, which is a considerable, ongoing financial benefit. It reflects the home's modest size and market position rather than condition, especially noting the renovated basement.
2. How does the small living area compare practically?
At 680 sq ft, the home is compact. This is ideal for a single person, a couple, or an investor targeting a single tenant. It requires efficient use of space and won't suit those needing multiple bedrooms or dedicated work/entertaining areas.
3. The home is newer than others on the street. Is that good?
Yes, generally. Being built in 1949 makes it newer than many neighbouring homes, some dating to the early 1900s. This can suggest updates to core components like wiring or plumbing may have occurred sooner, though a specific inspection is always recommended.
4. What does the sold price history indicate?
The last recorded sale (2022) fell within a modest range, consistent with the home's profile. This history supports its position as an affordable, stable asset without volatile price swings, appealing to cautious buyers.
5. Who might this property not suit?
It is not ideal for families needing growing space, those who frequently work from home, or buyers who envision extensive renovations or expansions, as the small lot size may limit addition possibilities.
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