Property score
52.1
Fair
Overall 52.1 · Older than most nearby homes
1,130 sqft (top 36%) · Built in 1912 (18 yrs older than avg)
Located in a above-average income area with median household income of ~80k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 healthcare facilitys, 1 shop, and 6 parks nearby
Living Area
Near average
10% larger than neighborhood avg.
Year Built
Below average
18 yrs older than neighborhood avg.
Mother tongue
English · 62%Tagalog · 26%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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52.1 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: #46110926
$80K
Median household income
$85K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
29%
Single-person households
31%
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
651 Bannerman Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 364 m), 2 healthcare (nearest 378 m), 1 shopping (nearest 349 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 13% | Top 3% | Bottom 41% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 49% | Top 33% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 651 Bannerman Avenue
Key Characteristics & Appeal
This one-and-a-half storey home on Bannerman Avenue in Inkster-Faraday is a property of interesting contrasts. Built in 1912, it offers a renovated basement and a detached garage. With 1,130 sqft of living space, it sits around the average size for its immediate street and neighborhood, making it a practical, no-fuss footprint.
The primary appeal lies in its strong financial standing within the local context. Its assessed value of $30,300 ranks in the top 3% for the Inkster-Faraday neighborhood and the top 18% for Bannerman Avenue itself, suggesting it is viewed as a well-maintained or improved property compared to many nearby homes. This is supported by its sale history, showing a significant value increase between early 2022 and March 2022. The renovated basement adds modern livability to the classic structure.
This home would suit a value-conscious buyer looking for a solid entry into the market, particularly someone who prioritizes a home's financial assessment and renovation potential over sheer size or a large yard, as the lot is smaller than area averages. It’s a pragmatic choice for a first-time homeowner or an investor seeking a property that already shows signs of value growth relative to its surroundings.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It indicates that, according to municipal assessment, this property is valued significantly higher than most in the immediate Inkster-Faraday area. This often reflects updates, condition, or desirable characteristics that set it apart from neighboring homes.
2. Is the smaller lot size a major drawback?
It depends on your priorities. The lot is below average in size for the city and street, which means less outdoor maintenance but also less private yard space. For buyers focused on the home itself and interior living space, this may be a fair trade-off.
3. The home sold twice in early 2022. What does that suggest?
The quick resale with an increased price could indicate a successful flip or rapid renovation. It underscores the importance of a thorough inspection to understand the quality and scope of the updates made during that period.
4. How does the age of the home (1912) factor in?
While older than most city homes, it's around the average age for Bannerman Avenue. This suggests the character and potential issues of an early 20th-century home are typical for the street. The renovated basement is a key modern update.
5. Who are the most likely competing buyers?
Given its profile, competition would likely come from first-time buyers seeking a move-in-ready home with modern touches in a classic structure, and possibly value-focused investors attracted by its strong assessment history in the neighborhood.
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