57.7
Fair
Property score
57.7
Fair
Overall 57.7
Compared with neighbourhood average
1,136 sqft (top 35%)
Built in 1914 (16 yrs older than avg)
Located in a above-average income area
with median household income of ~81k
Transit 80.0
5-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 2 healthcare facilitys, 1 shop, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
11% larger than neighborhood avg.
Year Built
Near average
16 yrs older 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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57.7 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
624 Bannerman Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 298 m), 2 healthcare (nearest 304 m), 1 shopping (nearest 299 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 45% | Top 37% | Bottom 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | 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: 624 Bannerman Avenue
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1914, presents a practical opportunity in Winnipeg's Inkster-Faraday neighbourhood. With 1,136 sqft of living space, its size is typical for the immediate area. The property includes a detached garage and an unrenovated basement, offering functional space and potential for future customization.
The primary appeal lies in its position as an affordable, no-frills entry point into the market. Its assessed value is modest, especially when viewed citywide, suggesting a lower property tax burden. The home suits first-time buyers or investors seeking a straightforward, lower-cost property. Its age and unrenovated state mean it’s ideally suited for a buyer comfortable with gradual updates or who values authenticity over modern finishes. A thoughtful perspective is the lot size: at just under 3,000 sqft, it is smaller than many in the city, which translates to less exterior maintenance—an often-overlooked advantage for those seeking a simpler footprint.
Section 2: Frequently Asked Questions
1. What is the true condition of the basement?
The listing specifies the basement is "not renovated." Buyers should anticipate a functional but unfinished space, likely requiring inspections for moisture, insulation, and foundational integrity common with homes of this era.
2. How do the property taxes for this home likely compare?
Given its assessed value is significantly below the Winnipeg average, the municipal property taxes should be proportionally lower, which is a key factor in ongoing affordability.
3. What does the sale history indicate?
The home sold previously in 2016 and 2019. The price ranges shown suggest a historically affordable property. Requesting the exact sold prices can provide clearer insight into its market trajectory.
4. Is the smaller lot size a disadvantage?
While the land area is below average for the city, it is not uncommon for the neighbourhood. This can be an advantage for those who prefer less yard work and lower landscaping costs.
5. Who is this home not suited for?
It is likely not a match for buyers seeking a move-in-ready modern home or those unwilling to manage the maintenance and potential updates that come with a 110-year-old house. The unrenovated basement also rules out those needing immediate finished living space.
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