64.4
Fair
Property score
64.4
Fair
Overall 64.4
Larger and newer than most nearby homes
1,289 sqft (top 16%)
Built in 1948 (18 yrs newer than avg)
Located in a above-average income area
with median household income of ~81k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 2 healthcare facilitys, 1 shop, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
26% larger than neighborhood avg.
Year Built
Above average
18 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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64.4 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
655 Cathedral Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 356 m), 2 healthcare (nearest 344 m), 1 shopping (nearest 368 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 | Bottom 48% | Top 30% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home on Cathedral Avenue in Winnipeg's Inkster-Faraday neighbourhood presents a practical and well-situated opportunity. Built in 1948, it features 1,289 square feet of living space, a renovated basement, and a detached garage on a 4,690 sqft lot. Its appeal lies in its strong positioning within its immediate area. The living space, land size, and assessed value are all above average for the Inkster-Faraday neighbourhood, suggesting a home that offers more room and value than many nearby properties. It would suit first-time buyers or practical investors looking for a character home with updated fundamentals in a established community. A thoughtful perspective is that while its citywide assessed value ranks below average, its strong standing within the neighbourhood indicates it's a comparatively solid asset in its local market, which can be a more relevant measure for daily living and resale.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows this property ranks above average within the Inkster-Faraday neighbourhood for key metrics like living area, assessed value, year built, and land area. This means it offers more space and is newer than many comparable homes nearby.
2. What is the exact past sold price?
The provided sold price history is a range. To obtain the exact sold price from the last transaction, you must request it via email from the listing service, as this information is verified and delivered manually.
3. What are the implications of the "renovated basement"?
While noted as renovated, specifics on the finish, permits, or the nature of the renovation (e.g., moisture proofing, ceiling height, legal suite potential) are not provided. This would be a key area for buyer due diligence.
4. Is the assessed value a good indicator of market price?
Not directly. The assessed value of $25,600 is for municipal tax purposes. The last sold price range (2017) and current market conditions will be far more relevant for determining today's market value. Its high rank locally suggests it is a higher-value property for the area.
5. What is the significance of the home's "one-and-a-half storey" design?
This classic Winnipeg design often features main-floor living areas with bedrooms on a second, potentially sloped-ceiling floor. It offers more character and space than a bungalow but may have different room proportions than a full two-storey home.
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