620 Atlantic Avenue

Inkster-Faraday, Winnipeg

35.2

Below average

Overall 35.2

Smaller and older than most nearby homes

612 sqft (bottom 5%)

Built in 1910 (20 yrs older than avg)

Located in a above-average income area

with median household income of ~80k

Transit 80.0

4-min walk to transit with 3 nearby routes

Within 500m: 1 dining spot, 2 healthcare facilitys, 1 shop, and 6 parks nearby

Living Area

Below average

40% smaller than neighborhood avg.

Year Built

Below average

20 yrs older than neighborhood avg.

Mother tongue

English · 62%Tagalog · 26%

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

35.2 is composed by the two sections below.

Property Score

17.3Low
Living Area612 sqft15Low
Year Built191010Low
Lot Size2,554 sqft28Low
Neighbourhood Sales Activity42Low

Community Score

62.0Fair
Household Income77Good
Education Level22Low
Housing Stress52Fair
Core Housing Need63Fair
Employment Health76Good

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: #46110926

Community deep dive

$80K

Median household income

$85K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

29%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)743
Labour force participation rate74%
Median age36.8
Avg household size2.8
Unemployment rate11%
Population density3910 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households29%
Couple families with children31%
Median household income (2020)$80K

Housing

Renter households12%
Condominium dwellings3%
Median dwelling value (owners)$220K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority50%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Tagalog · 25%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
612 sqft
0255075100
Same streetBottom 4%Same areaBottom 5%CitywideBottom 1%
Same street · Atlantic Avenue
#529 / 551
Bottom 4% · Avg 1,017 sqft
Same area · Inkster-Faraday
#1,375 / 1,442
Bottom 5% · Avg 1,025 sqft
Citywide · Winnipeg
#192,527 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
152k
0255075100
Same streetBottom 17%Same areaBottom 21%CitywideBottom 3%
Same street · Atlantic Avenue
#460 / 551
Bottom 17% · Avg 222.8k
Same area · Inkster-Faraday
#1,137 / 1,442
Bottom 21% · Avg 197.6k
Citywide · Winnipeg
#188,180 / 194,458
Bottom 3% · Avg 390.1k

Year Built

below average
1910
0255075100
Same streetBottom 19%Same areaBottom 8%CitywideBottom 6%

Lot Size

below average
2,554 sqft
0255075100
Same streetBottom 20%Same areaBottom 19%CitywideBottom 6%

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

620 Atlantic Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 323 m), 2 healthcare (nearest 354 m), 1 shopping (nearest 292 m).

Search radius
🍽️Dining1
🏥Healthcare2
🛒Shopping1
🌳Parks6
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

Sold 11/2021CA$150k–200k
Sold price

Same street

Bottom 21%

Same area

Bottom 29%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 620 Atlantic Avenue, Winnipeg

Property Summary: 620 Atlantic Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1910, presenting a straightforward and minimal-maintenance footprint. Its key characteristics include a 612 sqft living area, a 2,554 sqft lot, and a detached garage. The home has a full, unrenovated basement. The data indicates it is notably smaller and sits on a smaller lot than most comparable properties in its immediate area, neighborhood, and across Winnipeg. Its assessed value is significantly below city-wide averages.

The primary appeal lies in its ultra-affordable entry point into the Winnipeg market, underscored by a very low municipal assessed value. It suits buyers seeking an absolute minimum of financial outlay for a land-and-structure asset, such as an investor looking for a basic rental property, a hands-on individual interested in a gradual, sweat-equity project, or someone prioritizing minimal property taxes and utility costs. Its small scale could be seen as a virtue for those wanting to live simply without excess space to maintain. The established neighborhood of Inkster-Faraday offers proximity to the broader North End, providing practical access to amenities and transit.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's specific characteristics—namely its very small size, age, and the condition of its unfinished basement—within its market context. It is assessed relative to similar properties, and its metrics are consistently below average for the area.

2. What does "Top 99%" for Living Area city-wide mean?
This statistic means that approximately 99% of comparable residential properties across Winnipeg have a larger living area than this home's 612 sqft. It highlights the property's compact nature on a city-wide scale.

3. Is this a good candidate for a renovation or expansion?
The existing small footprint and full basement provide a structural basis for potential expansion or modernization. However, any major investment should be carefully weighed against the property's current value and the typical home values in the immediate area to ensure financial feasibility.

4. How recent is the sold price data available?
Public sold price data is available from January 2016 through April 2025, with the last recorded sale occurring in November 2021. Exact sale prices (not ranges) can be requested directly from the site.

5. What are the immediate neighboring properties like?
The listing shows several adjacent properties on Atlantic Avenue, suggesting a closely built streetscape typical of older Winnipeg neighborhoods. The similar assessed values of nearby homes indicate a consistent, lower-value property segment in this specific block.

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