61.5
Fair
Property score
61.5
Fair
Overall 61.5
Compared with neighbourhood average
1,158 sqft (top 32%)
Built in 1941 (11 yrs newer than avg)
Located in a above-average income area
with median household income of ~81k
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
13% larger than neighborhood avg.
Year Built
Near average
11 yrs newer 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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61.5 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: #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
637 Cathedral Avenue — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 289 m), 1 education (nearest 486 m), 2 healthcare (nearest 281 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 23% | Bottom 35% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
637 Cathedral Avenue is a one-and-a-half storey home in Winnipeg's Inkster-Faraday neighbourhood. Built in 1941, it features 1,158 sqft of living space, a renovated basement, and a detached garage on a 4,556 sqft lot. Its most recent recorded sale was in February 2020.
Key Characteristics & Appeal
This home presents a practical, no-frills opportunity in a mature neighbourhood. Its appeal lies in its solid fundamentals: a recently renovated basement adds modern utility to a classic structure, and the detached garage and above-average lot size for the area offer valuable flexibility. The property sits in a comfortable middle ground—its living space, lot size, and assessed value are all around average for its immediate street, suggesting it fits well within its established community context.
A closer look at the data reveals some thoughtful perspectives. While the home’s assessed value is average for Cathedral Avenue, it ranks above average within the broader Inkster-Faraday area. This could indicate a perceived stability or desirability for this specific pocket. Furthermore, the lot is notably larger than many in the neighbourhood, providing a relative rarity of outdoor space that could be a long-term asset.
This property would suit a first-time buyer or pragmatic investor looking for a straightforward, character home without major premium costs. It’s for someone who values functional space—like a renovated basement and a garage—over high-end finishes, and who appreciates a home that is financially in line with its surroundings.
Frequently Asked Questions
1. What is the exact recent sold price history?
The provided data shows a sale range from February 2020. For precise sold prices, you must request the information directly via email from the listing source, as this is not disclosed publicly on the page.
2. How does this home compare to others in the area?
The home is consistently around average for its street in terms of size, value, and lot. Its key advantage is its lot size, which is above average for the wider Inkster-Faraday neighbourhood.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key detail to clarify with the seller or listing agent to understand the finish quality and intended use.
4. Is the assessed value a reliable indicator of market price?
Not directly. The assessed value of $23.4k is for municipal tax purposes. Market value is determined by recent sales of comparable homes, like the nearby examples listed from 2020, and current market conditions.
5. What are the implications of the home's age?
Built in 1941, the home is older than the Winnipeg city average. This typically means potential for classic charm but also necessitates a thorough inspection for aging components like plumbing, electrical, and the foundation, common to houses of this era.
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