Property score
57.5
Fair
Overall 57.5 · Compared with neighbourhood average
1,000 sqft (top 50%) · Built in 1927 (3 yrs older 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 schools, 2 healthcare facilitys, and 1 shop nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Near average
3 yrs older 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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57.5 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
650 Cathedral Avenue — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 321 m), 2 education (nearest 479 m), 2 healthcare (nearest 293 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 33% | Top 15% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 650 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1927, presents a practical opportunity in Winnipeg's Inkster-Faraday neighbourhood. With 1,000 sqft of living space and a 4,159 sqft lot, its size is very typical for the immediate area but offers a more generous land parcel compared to many local peers. The home features a basement, but it is noted as not being renovated, and the property does not include a garage or pool.
The primary appeal lies in its position as a straightforward, no-frills property in a mature neighbourhood. Its assessed value is notably above average for Inkster-Faraday, suggesting it may be in a relatively good state or a desirable pocket of the area. The lot size is a key asset, offering potential for outdoor space or future expansion that can be harder to find in this price segment. This home would suit a first-time buyer comfortable with a property that needs updates, an investor looking for a land-value play, or someone seeking a modest, low-maintenance footprint without the premium of a modern renovation.
Frequently Asked Questions
1. What does "above average assessed value for the area" indicate?
It typically means the municipal assessment is higher than most neighbouring properties. This can reflect recent updates, a superior condition, or simply a favourable lot. It's important to note that assessed value is for tax purposes and does not directly set market value, but it can be a positive signal.
2. Is the lack of a garage a significant drawback?
For this area and property type, it's common. Buyers should consider on-street parking availability and the cost/feasibility of adding a shed or garage later, given the decent lot size.
3. What should I expect with an unrenovated basement?
This usually means the basement is in original or functional condition, but not modernized. It's crucial to investigate for moisture issues, insulation, and the state of mechanical systems (furnace, electrical) during an inspection.
4. How does the sold price history help?
The listed sale range from early 2022 provides a recent benchmark. Comparing it to the current asking price shows market movement, while comparing it to the assessed value highlights how municipal assessment relates to real-world sales.
5. The home is nearly 100 years old. What are the main concerns?
While charm is a factor, key focuses should be the condition of the foundation, roof, wiring, and plumbing. Older homes can be solidly built but may require planned updates to major systems.
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