642 College Avenue

Inkster-Faraday, Winnipeg

Property score

54.2

Fair

Overall 54.2 · Larger than most nearby homes

1,460 sqft (top 7%) · Built in 1914 (16 yrs older than avg)

Located in a above-average income area with median household income of ~65k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 3 shops, 3 parks, and 1 bank/ATM nearby

Living Area

Above average

42% 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)

Sold Count

538

Median price

247.5k

$/sqft

$193/sqft

Avg build year

1930

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Property score

54.2 is composed by the two sections below.

Property Score

53.0Fair
Living Area1,460 sqft75Good
Year Built191416Low
Lot Size2,276 sqft18Low
Neighbourhood Sales Activity42Low

Community Score

56.1Fair
Household Income68Good
Education Level34Low
Housing Stress63Fair
Core Housing Need38Low
Employment Health52Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110920

Community deep dive

$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

Population, labour & age

Population (2021)541
Labour force participation rate62%
Median age32.0
Avg household size3.2
Unemployment rate16%
Population density6011 / km²

Households & income

Low income (LIM-AT, % pop.)23%
Single-person households21%
Couple families with children30%
Median household income (2020)$65K

Housing

Renter households43%
Condominium dwellings0%
Median dwelling value (owners)$160K

Diversity, education & language

Immigrants (share of pop.)42%
Visible minority46%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Tagalog · 24%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,460 sqft
0255075100
Same streetTop 16%Same areaTop 7%CitywideTop 33%
Same street · College Avenue
#70 / 441
Top 16% · Avg 1,134 sqft
Same area · Inkster-Faraday
#104 / 1,442
Top 7% · Avg 1,025 sqft
Citywide · Winnipeg
#63,674 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

below average
139k
0255075100
Same streetBottom 20%Same areaBottom 14%CitywideBottom 2%
Same street · College Avenue
#352 / 441
Bottom 20% · Avg 185.9k
Same area · Inkster-Faraday
#1,242 / 1,442
Bottom 14% · Avg 197.6k
Citywide · Winnipeg
#190,055 / 194,458
Bottom 2% · Avg 390.1k

Year Built

around average
1914
0255075100
Same streetBottom 46%Same areaBottom 40%CitywideBottom 11%

Lot Size

below average
2,276 sqft
0255075100
Same streetBottom 5%Same areaBottom 3%CitywideBottom 2%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

642 College Avenue — 17 amenities found within 500 m, across 6 categories, including 3 education (nearest 329 m), 3 shopping (nearest 102 m), 3 parks (nearest 398 m).

Search radius
🏫Education3
🛒Shopping3
🌳Parks3
🏦Finance1
Worship6
🏛️Government1

Crime & Safety

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%

Sales History

642 College Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 642 College Avenue, Winnipeg

Property Summary – 1460 sqft Home on College Avenue, Inkster-Faraday, Winnipeg

Key Characteristics & Buyer Profile

This 1914-built home offers 1,460 square feet of living space—significantly larger than most homes on its street and in the surrounding Inkster-Faraday area, where the average sits around 1,025 square feet. The lot, however, is compact at 2,276 square feet, placing it among the smallest in the neighbourhood.

The property’s assessed value of $139,000 is well below both street and city averages. This creates an interesting dynamic: you’re getting above-average interior space at a below-market price point, but on a smaller-than-typical piece of land. The low valuation may also reflect the home’s age or condition—worth investigating in person.

This property suits buyers who prioritize indoor square footage over yard space and are comfortable with an older home that likely needs updates. It could appeal to first-time buyers looking for more room than a typical starter home, or to investors targeting a lower entry price in a neighbourhood where land values are modest. The combination of a century-old structure and a small lot means expansion or redevelopment potential is limited, so it’s best suited for someone who wants to live in the house as-is or renovate within its existing footprint.

Frequently Asked Questions

1. Why is the assessed value so low compared to other homes nearby?
The $139,000 assessment places this property in the bottom 2% citywide. That likely reflects a combination of factors: the home’s age (1914), its small land area, and possibly deferred maintenance or outdated systems. It’s worth comparing to similar-sized homes in the area to see if the assessment aligns with recent sale prices.

2. How does the living area compare to typical homes in Winnipeg?
At 1,460 square feet, this home is slightly above the citywide average of 1,342 square feet. Locally, it’s well above the Inkster-Faraday average of 1,025 square feet, placing it in the top 7% of that area. So it offers more interior space than most homes nearby.

3. Is the small lot size a concern?
The 2,276-square-foot lot is in the bottom 2% citywide and bottom 5% on College Avenue. That means minimal yard space, limited outdoor storage, and likely no room for additions like a garage or extension. If outdoor space is a priority, this property may feel tight.

4. What should I look for in a home built in 1914?
Century-old homes can have charm but often come with old wiring, plumbing, insulation, and foundation issues. Check for knob-and-tube wiring, lead pipes, asbestos in old flooring or insulation, and signs of settling. A specialized home inspection is strongly recommended.

5. Who would this property not suit?
It may not work for buyers wanting a large yard, a newer home with minimal maintenance, or room to expand. Families with children who need outdoor play space, or anyone looking for a turnkey property with modern finishes, might find this home too limiting without significant investment.

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