Property score
51.5
Fair
Overall 51.5 · Compared with neighbourhood average
1,044 sqft (top 45%) · Built in 1913 (17 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 healthcare facilitys, and 2 shops nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Below average
17 yrs older than neighborhood avg.
Mother tongue
English · 73%Tagalog · 14%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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51.5 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: #46110910
$72K
Median household income
$74K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
20%
Single-person households
25%
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
623 Anderson Avenue — 13 amenities found within 500 m, across 7 categories, including 1 dining (nearest 339 m), 2 education (nearest 334 m), 2 healthcare (nearest 235 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 28% | Top 27% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 623 Anderson Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Anderson Avenue in the Inkster-Faraday neighbourhood presents a practical and affordable entry point into Winnipeg’s housing market. Built in 1913, its 1,044 sqft living area and renovated basement offer functional space for a small household. The home’s key appeal lies in its relative value; its assessed value is notably below both the citywide average and recent local sale prices from 2022, suggesting potential equity for a buyer. The detached garage adds practical utility.
Its characteristics are consistently average or slightly below average for its immediate street and neighbourhood in terms of lot size, living space, and age, indicating it fits the established fabric of the area without standing out. This suits first-time buyers, investors, or downsizers seeking a straightforward, no-frills property in a mature neighbourhood. A thoughtful perspective is that its "around average" metrics for the area mean it’s unlikely to be over-improved for the street, which can be a financial advantage, and its lower assessed value could translate into manageable property taxes.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was assessed at $17,700. Public data indicates it sold in March 2022 for an estimated range of $21,500 to $24,500, which is significantly higher. This discrepancy is important to discuss with a real estate professional for current market valuation.
2. What does the "renovated basement" include?
The listing notes the basement is renovated but does not specify the scope or quality of the work. Buyers should inquire about the permits, finish quality, ceiling height, and whether it includes a separate entrance or rental suite potential.
3. Is the smaller lot size a concern?
At 3,068 sqft, the lot is below average for Anderson Avenue. This may mean a smaller yard but could also mean less maintenance. It’s worth checking setback requirements and the potential for any future additions.
4. How does the age of the home (1913) affect it?
While the home has been maintained, its age means potential buyers should pay special attention to the condition of major systems (plumbing, electrical, foundation) and the roof. A thorough inspection is highly recommended.
5. Are the property taxes likely to be low?
Given the assessed value is significantly below both citywide and recent sale price averages, the property taxes are likely to be comparatively low for Winnipeg, which is a definite financial benefit for the owner.
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