54.4
Fair
Property score
54.4
Fair
Overall 54.4
Compared with neighbourhood average
993 sqft (bottom 49%)
Built in 1940 (10 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, 2 healthcare facilitys, 1 shop, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Near average
10 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
54.4 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
647 Cathedral Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 320 m), 2 healthcare (nearest 310 m), 1 shopping (nearest 334 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 | Top 9% | Top 2% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 647 Cathedral Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home on Cathedral Avenue in Inkster-Faraday presents a practical and value-conscious opportunity. Its key characteristics include a renovated basement, a detached garage, and a standard 4,423 sqft lot. With 993 sqft of living space, it sits comfortably within the average range for its immediate neighborhood and street, offering a manageable footprint.
The primary appeal lies in its strong positioning within the local context. While its size and assessed value are modest citywide, they are above average for the Inkster-Faraday area, suggesting a solid value proposition within this community. The renovated basement adds functional living space, and the lot size is generous compared to many area homes. This property would suit first-time buyers seeking an entry point into the market, practical homeowners who prioritize value and neighborhood affordability over square footage, or investors looking for a stable, income-producing asset in an established area. It’s a home that makes sense on its own terms, offering functionality without pretense.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value ranks in the top 21% for the Inkster-Faraday neighborhood, meaning it is considered above average compared to its immediate peers. This indicates a relatively strong valuation within this specific market.
2. What is the significance of the sold price history shown?
The listed sold price range (e.g., $30.5k–$33.5k in 11/2023) is based on public data estimates. To obtain the exact, verified sale price for any transaction, you must request it via the provided email service, which is manually fulfilled.
3. Is the living space considered small?
At 993 sqft, it is slightly below the city average but is very typical for the area and street. For Inkster-Faraday, it ranks near the middle of the pack, making it a standard-sized home for this community.
4. What might the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This should be a key point for verification during a viewing to understand the quality, permitted status, and the added functionality it provides (e.g., extra bedroom, living space, or suite potential).
5. The home was built in 1940. What should I be aware of?
While the age is typical for the street and area, it warrants standard due diligence for a home of this era. Potential buyers should prioritize inspections focusing on the foundation, plumbing, electrical systems, and the age/condition of major updates like the roof and windows.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
