60.6
Fair
Property score
60.6
Fair
Overall 60.6
Compared with neighbourhood average
1,145 sqft (top 33%)
Built in 1931 (1 yr 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 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
12% larger than neighborhood avg.
Year Built
Near average
1 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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60.6 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
649 Cathedral Avenue — 11 amenities found within 500 m, across 5 categories, including 1 dining (nearest 330 m), 2 healthcare (nearest 319 m), 1 shopping (nearest 343 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 19% | Top 6% | Bottom 35% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 49% | Top 30% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 649 Cathedral Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home on Cathedral Avenue is a classic Winnipeg character home, built in 1931. With 1,145 sqft of living space and a renovated basement, it offers practical, comfortable living. The property sits on a 4,422 sqft lot, which is notably above average for the Inkster-Faraday neighbourhood, providing valuable outdoor space. A detached garage adds functional storage or workshop potential.
The primary appeal lies in its strong positioning within its immediate community. While its size and assessed value are average citywide, the home stands out locally: its assessed value ranks in the top 15% for the Inkster-Faraday area, suggesting it is a well-regarded property on its street. This points to a home that may offer more inherent value and stability within its established neighbourhood context than a broader city comparison might indicate. The recent sale in 2023 also suggests a modernized transaction history.
This property would suit a first-time homebuyer or a practical downsizer looking for a character home in a no-fuss, established neighbourhood. It’s ideal for someone who values a larger-than-average local lot and a sense of community steadiness over a brand-new build or a central city location.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is in the top 15% for the Inkster-Faraday neighbourhood, meaning it is considered above average locally. This often indicates a well-maintained or desirable property relative to its immediate peers.
2. What is the significance of the lot size?
At 4,422 sqft, the lot is larger than the neighbourhood average. This provides more private outdoor space than many nearby properties, which is a valuable and less common feature in older communities.
3. What can recent sale prices tell me?
The home sold in August 2023 for an estimated $26.5k-$29.5k. This recent sale provides a clear, modern benchmark for its market value, showing active demand in the last few years.
4. Is the basement finished?
Yes, the listing specifies the basement is renovated, adding functional living or storage space to the home’s 1,145 sqft main footprint.
5. How old is this home, and what should I consider?
Built in 1931, the home is part of Winnipeg’s historic housing stock. Buyers should budget for potential maintenance consistent with a 95-year-old structure, while also appreciating the character and solid construction of that era.
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