Property score
55.7
Fair
Overall 55.7 · Larger than most nearby homes
1,578 sqft (top 5%) · Built in 1913 (17 yrs older than avg)
Located in a above-average income area with median household income of ~65k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 3 schools, 2 healthcare facilitys, and 4 shops nearby
Living Area
Above average
54% larger than neighborhood avg.
Year Built
Below average
17 yrs older than neighborhood avg.
Mother tongue
English · 65%Tagalog · 24%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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55.7 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: #46110920
$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
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
654 College Avenue — 20 amenities found within 500 m, across 8 categories, including 1 dining (nearest 492 m), 3 education (nearest 293 m), 2 healthcare (nearest 475 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 50% | Bottom 41% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-and-a-half storey home at 654 College Avenue in Winnipeg's Inkster-Faraday neighbourhood presents a specific and compelling value proposition. Built in 1913, its primary appeal lies in its generous 1,578 sqft of living space, which ranks well above average for both the street and the immediate area. The home features a renovated basement, adding to its functional space. It's important to note the property sits on a smaller, city-typical urban lot. The assessed value is modest and aligns with neighbourhood averages, though it sits significantly below the citywide average, indicating its positioning in Winnipeg's more affordable market segment.
This home would suit a practical buyer looking for ample interior space without a premium price tag, such as a young family needing room to grow or an investor seeking a character rental property. Its appeal is for those who prioritize indoor living area over expansive outdoor yard space. A thoughtful perspective is that its strong "space-for-money" ratio in the local context could offer resilience in market fluctuations, appealing to budget-conscious buyers seeking value in established neighbourhoods.
Frequently Asked Questions
1. Is the smaller lot size a significant drawback?
While the land area is below average for the city, it is typical for many central, older neighbourhoods. It reduces maintenance demands and may be ideal for buyers who prefer a smaller yard.
2. How does the assessed value compare to likely selling prices?
The assessed value is for municipal tax purposes and is typically lower than market value. Recent sold price ranges for similar homes on the street suggest a market value significantly higher than the assessment.
3. What are the implications of the home's age (1913)?
The age indicates classic character but necessitates a thorough inspection. Focus should be on the condition of major updated systems, like the renovated basement, wiring, plumbing, and the roof.
4. The data shows the living area is "elite" for the neighbourhood. What does that mean practically?
It means you get substantially more interior space than most homes in Inkster-Faraday. This is a key advantage if you need multiple bedrooms, a home office, or flexible living areas without moving to a newer, potentially more expensive suburb.
5. Are there comparable homes nearby to gauge value?
Yes. The listings for 644 Mountain Avenue and 714 College Avenue are referenced as good comparisons. Reviewing their specs, prices, and condition will provide the best direct context for this property's market position.
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