54.2
Fair
Property score
54.2
Fair
Overall 54.2
Larger than most nearby homes
1,400 sqft (top 9%)
Built in 1914 (16 yrs older than avg)
Located in a above-average income area
with median household income of ~65k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 schools, 3 shops, 3 parks, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
37% larger than neighborhood avg.
Year Built
Near average
16 yrs older 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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54.2 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: #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
628 College Avenue — 15 amenities found within 500 m, across 6 categories, including 2 education (nearest 368 m), 3 shopping (nearest 95 m), 3 parks (nearest 378 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 35% | Bottom 26% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 628 College Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1914, presents a practical opportunity in the Inkster-Faraday neighbourhood. Its key characteristic is space efficiency: with 1,400 sqft of living area, it offers significantly more room than many comparable homes in the immediate area and ranks in the top 20% for size on its own street. This makes it a notably spacious option within its local context.
The appeal lies in its straightforward, no-frills profile. It features a detached garage and a full, unrenovated basement, offering functional space and potential for future customization. The lot, while smaller than average at 2,276 sqft, translates to lower maintenance. The home’s assessed value is modest and in line with local norms, suggesting an accessible entry point into the market.
This property would best suit a value-conscious buyer—perhaps a first-time homeowner, an investor, or a downsizer—who prioritizes interior space over a large yard and is comfortable with a home that has not been recently updated. It’s for someone who sees potential in a solid, century-old structure and is prepared for the maintenance or gradual improvements that come with it.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on local market conditions. In the Inkster-Faraday area, property values are generally lower than the Winnipeg average. This home’s assessment is typical for the neighbourhood, reflecting its location and the age of the property.
2. What does "basement, not renovated" imply?
It indicates the basement is functional and usable but retains its original or older finishes and systems. Buyers should budget for potential updates to insulation, flooring, or utilities, but it also represents a blank canvas for future projects.
3. How does the smaller lot size affect the property?
The lot is below average in size for the city and the area. This means less exterior maintenance and yard work, which can be a benefit. However, it also limits potential for large additions, pools, or extensive landscaping.
4. The home sold in late 2022. What can that price range tell me?
The sold price range from 2022 provides a historical benchmark, but it does not reflect current market value. It’s most useful for understanding past market activity on the property, and any offer should be based on a current professional appraisal and market conditions.
5. The home is over 110 years old. What should I consider?
While the structure has proven its durability, key systems like plumbing, electrical, and the foundation may require inspection and potential upgrading. The charm and build quality of an older home come with the responsibility of proactive maintenance.
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