620 College Avenue

Inkster-Faraday, Winnipeg

Property score

42.8

Below average

Overall 42.8 · Compared with neighbourhood average

906 sqft (bottom 41%) · Built in 1928 (2 yrs older 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

Living Area

Near average

12% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 65%Tagalog · 24%

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

42.8 is composed by the two sections below.

Property Score

34.0Low
Living Area42
906 sqftLow
Year Built20
1928Low
Lot Size18
2,276 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

56.1Fair
Household Income68
Good
Education Level34
Low
Housing Stress63
Fair
Core Housing Need38
Low
Employment Health52
Fair

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: #46110920

Community deep dive

$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

Population, labour & age

Population (2021)541
Labour force participation rate62%
Median age32.0
Avg household size3.2
Unemployment rate16%
Population density6011 / km²

Households & income

Low income (LIM-AT, % pop.)23%
Single-person households21%
Couple families with children30%
Median household income (2020)$65K

Housing

Renter households43%
Condominium dwellings0%
Median dwelling value (owners)$160K

Diversity, education & language

Immigrants (share of pop.)42%
Visible minority46%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Tagalog · 24%

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

Rankings

Living Area

around average
906 sqft
0255075100
Same streetBottom 29%Same areaBottom 41%CitywideBottom 17%
Same street · College Avenue
#313 / 441
Bottom 29% · Avg 1,134 sqft
Same area · Inkster-Faraday
#852 / 1,442
Bottom 41% · Avg 1,025 sqft
Citywide · Winnipeg
#161,448 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

around average
153k
0255075100
Same streetBottom 32%Same areaBottom 21%CitywideBottom 3%
Same street · College Avenue
#301 / 441
Bottom 32% · Avg 185.9k
Same area · Inkster-Faraday
#1,132 / 1,442
Bottom 21% · Avg 197.6k
Citywide · Winnipeg
#188,038 / 194,458
Bottom 3% · Avg 390.1k

Year Built

around average
1928
0255075100
Same streetTop 39%Same areaTop 47%CitywideBottom 17%

Lot Size

below average
2,276 sqft
0255075100
Same streetBottom 5%Same areaBottom 3%CitywideBottom 2%

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 College Avenue — 15 amenities found within 500 m, across 6 categories, including 2 education (nearest 372 m), 3 shopping (nearest 100 m), 3 parks (nearest 370 m).

Search radius
🏫Education2
🛒Shopping3
🌳Parks3
🏦Finance1
Worship5
🏛️Government1

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 3/2024CA$100k–150k
Sold price

Same street

Bottom 3%

Same area

Bottom 5%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 620 College Avenue, Winnipeg

Property Overview

620 College Avenue is a one-and-a-half storey home in Winnipeg’s Inkster-Faraday neighbourhood. Built in 1928, it offers 906 square feet of living space and sits on a 2,276 sqft lot, with a detached garage and an unfinished basement. Its most recent assessed value is $15,300.

Key Characteristics & Appeal

This home presents a straightforward, no-frills opportunity. Its primary appeal lies in its affordability and function within a central Winnipeg neighbourhood. The living space is compact and efficient, suitable for a single person, a couple, or an investor. The detached garage is a practical asset not always found with homes in this price range.

It would suit a first-time buyer seeking an entry point into the market with minimal financial overhead, or an investor looking for a manageable rental property. The home’s assessed value is significantly below the citywide average, indicating a lower property tax burden—a key, often overlooked, financial advantage. While the lot size is smaller than most, it translates to less maintenance. The unrenovated basement offers potential for future expansion or storage, but requires a buyer comfortable with a home that is functional as-is, not a turn-key property.

Frequently Asked Questions

1. Why is the assessed value so much lower than the citywide average?
This is typical for older, smaller homes in established neighbourhoods. The assessed value reflects the property's characteristics and is used for calculating municipal taxes, not necessarily its market sale price.

2. What does "one-and-a-half storey" mean for this home?
This style typically features a main floor with living areas and a second floor under sloped rooflines, often containing bedrooms. It can mean cozy, character-filled spaces but may have less full-height square footage than a true two-storey.

3. The lot size is noted as being below average. Is this a major drawback?
It depends on your priorities. A smaller lot means less yard work and lower landscaping costs, which can be a benefit for those seeking low-maintenance living. It does limit potential for large additions or extensive outdoor recreation space.

4. The home sold recently in March 2024. What does that price indicate?
The reported sale price range is consistent with its profile as a modest, older home. A recent sale provides a clear, current benchmark for value, which can be helpful for understanding the local market for similar properties.

5. What should I know about the unfinished basement?
An unfinished basement provides flexible storage or utility space and allows a future owner to customize it to their needs. However, it is not conditioned living space and may require attention to fundamentals like moisture control, insulation, and access.