650 College Avenue

Inkster-Faraday, Winnipeg

Property score

54.2

Fair

Overall 54.2 · Larger but older than most nearby homes

1,439 sqft (top 8%) · Built in 1912 (18 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, 2 healthcare facilitys, 4 shops, and 2 parks nearby

Living Area

Above average

40% larger than neighborhood avg.

Year Built

Below average

18 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

Need help understanding this property?

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

Property score

54.2 is composed by the two sections below.

Property Score

53.0Fair
Living Area1,439 sqft75Good
Year Built191216Low
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
1,439 sqft
0255075100
Same streetTop 19%Same areaTop 8%CitywideTop 34%
Same street · College Avenue
#82 / 441
Top 19% · Avg 1,134 sqft
Same area · Inkster-Faraday
#116 / 1,442
Top 8% · Avg 1,025 sqft
Citywide · Winnipeg
#65,777 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
163k
0255075100
Same streetBottom 40%Same areaBottom 27%CitywideBottom 4%
Same street · College Avenue
#265 / 441
Bottom 40% · Avg 185.9k
Same area · Inkster-Faraday
#1,046 / 1,442
Bottom 27% · Avg 197.6k
Citywide · Winnipeg
#186,366 / 194,458
Bottom 4% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetBottom 32%Same areaBottom 23%CitywideBottom 8%

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

650 College Avenue — 19 amenities found within 500 m, across 7 categories, including 3 education (nearest 305 m), 2 healthcare (nearest 489 m), 4 shopping (nearest 117 m).

Search radius
🏫Education3
🏥Healthcare2
🛒Shopping4
🌳Parks2
🏦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

Sold 3/2016CA$100k–150k
Sold price

Same street

Bottom 20%

Same area

Bottom 17%

City-wide

Bottom 3%

Related homes

Highlights & common questions: 650 College Avenue, Winnipeg

Property Overview: 650 College Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home in the Inkster-Faraday neighbourhood presents a practical opportunity. Built in 1912, its key characteristic is above-average interior space for the immediate area, offering 1,439 sqft of living area, which ranks within the top 20% of homes on its street. This makes it a notably roomier option compared to many neighbouring properties. It features a detached garage and a basement that is present but not renovated.

The appeal lies in its value proposition as a spacious, established home in a mature neighbourhood, with a very modest property tax assessment. It suits buyers looking for a functional footprint without a premium price tag, particularly those who prioritize interior space over a large yard, as the land area is compact. A thoughtful perspective is that the home's lower assessed value, while indicating a lower tax burden, also reflects its age, the unrenovated basement, and its smaller lot size. It would be well-suited for a first-time buyer, an investor, or someone seeking a straightforward home with room to grow into, provided they are comfortable with the upkeep of a century-old structure and the potential for future updates.

Frequently Asked Questions

1. What does the assessed value tell me about this property?
The assessed value of $16,300 is significantly below the citywide average. This typically translates to lower annual property taxes, which is a financial advantage. However, it also generally reflects the home's age, the condition of certain features (like the unrenovated basement), and its smaller lot size compared to most of the city.

2. How does the living space compare to nearby homes?
The living area is a standout feature. At 1,439 sqft, it is larger than the average home on College Avenue and in the Inkster-Faraday neighbourhood. This means you're getting more interior room than many surrounding properties, which is a key consideration for growing families or those who need more space.

3. The home was built in 1912. What should I consider?
While the structure has proven its durability, a home of this age will likely have older building materials and systems. A thorough inspection is essential to understand the condition of the foundation, wiring, plumbing, and roof. The unrenovated basement also presents both a project and an opportunity for customization.

4. The land area seems small. Is that a concern?
At 2,276 sqft, the lot is compact, ranking in the bottom 5% on its street for size. This means minimal exterior maintenance and a smaller yard, which could be a positive for those seeking low upkeep. However, it also limits potential for expansions like large additions or extensive outdoor living spaces.

5. Can I find out the exact historical sale prices?
The listing service provides sold price ranges from public data. To obtain the exact sale price from its last transaction in March 2016, you must request it directly from the provided service, which will email you the precise figure.

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.