Property score
36.8
Below average
Overall 36.8 · Smaller but newer than most nearby homes
776 sqft (bottom 24%) · Built in 1948 (18 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
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Above average
18 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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36.8 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
624 College Avenue — 15 amenities found within 500 m, across 6 categories, including 2 education (nearest 370 m), 3 shopping (nearest 96 m), 3 parks (nearest 375 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 48% | Bottom 37% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 624 College Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-and-a-half storey home built in 1948, offering a modest 776 square feet of living space on a smaller urban lot. Its key appeal lies in its position as an accessible entry point into the Winnipeg market, with a very low assessed value that suggests an affordable purchase price and corresponding property taxes. The home is notably newer than many in the immediate Inkster-Faraday area, which can be an advantage for maintenance and systems.
It suits first-time buyers, investors, or downsizers seeking minimal footprint and low carrying costs. The appeal is pragmatic: it’s a straightforward property for those prioritizing financial accessibility over space. A thoughtful perspective is that its smaller scale and lot size translate to less upkeep and lower utility costs, which can be a significant long-term benefit. The unrenovated basement presents a clear, if not immediate, opportunity for added utility or storage.
Frequently Asked Questions
1. Is this a "tear-down" or a livable home?
While the living area is below average for the city, the home is structurally sound and was occupied as recently as 2024. It is likely livable but may require updates, making it suitable for someone comfortable with a gradual renovation.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's smaller size, older age, and specific local market conditions in the Inkster-Faraday area. It is aligned with values for similar compact homes in Winnipeg.
3. What does "one-and-a-half storey" mean for this house?
This style typically features a main floor with living areas and a second floor under sloped ceilings, often containing bedrooms. It maximizes space efficiently in a smaller footprint.
4. How does the lot size affect potential for expansion or adding a garage?
The lot is smaller than most in the neighbourhood, which may limit options for significant additions or a detached garage. Any expansion plans would require careful review of zoning bylaws and setback requirements.
5. The sold price history shows a range. What factors influence the final price?
The final sold price is influenced by the home's condition, market demand at the time of sale, and specific terms of the sale. For the exact historical sold price, you can request the information via email from the source.
