Property score
47.2
Below average
Overall 47.2 · Smaller than most nearby homes
760 sqft (bottom 22%) · Built in 1942 (12 yrs newer than avg)
Located in a above-average income area with median household income of ~81k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Near average
12 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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47.2 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: #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
640 Cathedral Avenue — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 291 m), 2 education (nearest 467 m), 2 healthcare (nearest 263 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: 640 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, one-storey home built in 1942, situated on a standard city lot in the Inkster-Faraday neighbourhood. Its key characteristic is its affordability, reflected in a low assessed value that places it well below the Winnipeg citywide average. The living space is compact at 760 sq ft, and the home features a basement (not renovated) and a detached garage.
The primary appeal lies in its position as a genuine entry-point into homeownership or as a potential investment property. For its immediate area, the lot size is above average, offering valuable outdoor space relative to neighbouring plots. It suits first-time buyers with a limited budget who are willing to take on a project, or investors looking for a low-cost rental property with a manageable footprint. A less obvious perspective is that its smaller size and lower taxes could appeal to someone seeking to downsize and simplify within the city, though the condition of the basement would be a key consideration.
Frequently Asked Questions
1. What is the actual selling price?
The listed sold price is a public data range. For the precise historical sale price, you can request it via email from SaveOnHouse, which provides the exact figure manually.
2. How does this home compare to others nearby?
Within the Inkster-Faraday area, the home’s assessed value is around the neighbourhood average, but it sits on a larger-than-average lot. Its living area is smaller than most comparable homes in the area.
3. Is the basement finished?
No, the basement is noted as "not renovated." Buyers should budget for potential upgrades and consider it unfinished space.
4. What are the typical property taxes?
While not stated, taxes are based on the assessed value. With an assessed value significantly below the city average, the property tax burden should be relatively low.
5. What is the condition of a home built in 1942?
Built 84 years ago, the home’s age is around average for its street and neighbourhood. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation, which are common considerations for houses of this vintage.
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