Property score
45.2
Below average
Overall 45.2 · Smaller but newer than most nearby homes
800 sqft (bottom 28%) · Built in 1944 (14 yrs newer 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, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Above average
14 yrs newer than neighborhood avg.
Mother tongue
English · 62%Tagalog · 26%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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45.2 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: #46110926
$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
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
625 Bannerman Avenue — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 275 m), 1 education (nearest 498 m), 2 healthcare (nearest 302 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 32% | Top 50% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 800 sqft one-storey home at 625 Bannerman Avenue, built in 1944, sits on a 4,125 sqft lot in Winnipeg's Inkster-Faraday neighbourhood. Its key feature is a renovated basement, and it includes a detached garage. The home last sold in late 2021. Its assessed value is modest compared to the city-wide average, but it is typical for its immediate area.
Key Characteristics & Appeal
This property is defined by practicality and value within its local context. Its living space is compact, notably smaller than area averages, which positions it as an efficient, lower-maintenance home. The renovated basement adds functional living area and is a significant modern update to the 1944 structure. The lot size is generous for the neighbourhood, offering above-average outdoor space for the immediate area.
Its primary appeal lies in affordability and manageability. It suits first-time buyers seeking an entry point into the market, investors looking for a rental property with a recent basement renovation, or downsizers wanting a single-level layout without a large yard to maintain. A thoughtful perspective is that while its size ranks below average city-wide, it is proportionally aligned with its assessed value for the street, suggesting it is priced appropriately within its micro-market. The detached garage also adds utility that may be scarce in this price range.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 800 sqft, the living area is below the average for both Bannerman Avenue (~1,114 sqft) and the broader Inkster-Faraday neighbourhood (~1,025 sqft). This indicates a more compact, efficient layout.
2. Is the assessed value typical for this area?
Yes. The assessed value of $21,500 is around the average for homes on Bannerman Avenue and in the Inkster-Faraday neighbourhood, though it is below the average for the entire city.
3. What does a "renovated basement" imply?
While specific finishes aren't detailed, it indicates the basement has been updated to a modern, functional standard, likely creating additional livable space. This is a key upgrade for a home of this age.
4. How does the lot size compare?
The 4,125 sqft lot is slightly above average for the Inkster-Faraday area, offering more outdoor space than many neighbouring properties, but is below the city-wide average for lot size.
5. Where can I find the exact historical sale price?
The listed sale price range is from public data. The exact sale price from November 2021 can be requested directly from the site via email, as detailed in the property history section.
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