Property score
43.9
Below average
Overall 43.9 · Compared with neighbourhood average
959 sqft (bottom 46%) · Built in 1927 (3 yrs older than avg)
Located in a below-average income area with median household income of ~44.8k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 2 healthcare facilitys, and 2 shops nearby
Living Area
Near average
6% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 13%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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43.9 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: #46110919
$45K
Median household income
$66K
Average household income
27%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
48%
Single-person households
17%
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
685 Anderson Avenue — 11 amenities found within 500 m, across 7 categories, including 2 dining (nearest 377 m), 1 education (nearest 212 m), 2 healthcare (nearest 388 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 26% | Bottom 35% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 685 Anderson Avenue, Winnipeg
This one-and-a-half storey home, built in 1927, presents a practical opportunity in Winnipeg's Inkster-Faraday neighbourhood. With 959 sqft of living space and a full, unrenovated basement on a 4,188 sqft lot, it is a home that emphasizes location and land over modern finishes. Its most recent sale price ranged between $15.5k and $18.5k in late 2024, aligning closely with its assessed value of $18.10k.
The primary appeal of this property lies in its position as a land-value proposition with established neighbourhood character. It is not a move-in-ready showhome, but a foundational asset. Key characteristics show it is consistently around average for its immediate street and area in terms of living space, assessed value, and age, but its lot size is notably above average for the Inkster-Faraday area. This suggests a better-than-typical outdoor space for the locale.
It would suit a specific type of buyer: an investor looking for a long-term hold, a hands-on owner planning a gradual, sweat-equity renovation, or someone seeking the absolute minimum entry point into the Winnipeg market. The unrenovated basement and vintage condition indicate that any modernization will be the responsibility of the new owner, making it a project. Its appeal is grounded in affordability and potential, not immediate comfort or luxury.
1. Why is the assessed value so much lower than the citywide average?
Assessed values are relative to the local market. This home's value is typical for the Inkster-Faraday area, where property values are generally lower than the Winnipeg citywide average. The "below average" citywide ranking reflects this broader economic context of the neighbourhood.
2. What does "Top 26%" for Land Area in the area mean?
This statistic means the property's lot size is larger than approximately 74% of comparable properties in Inkster-Faraday. It's a standout feature for the area, offering more outdoor space than most nearby homes.
3. Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." Buyers should assume it is in original, unfinished condition and budget for any desired upgrades to make it a functional living or storage space.
4. How recent are the sold price figures?
The most recent recorded sale is from December 2024, with a price range provided. The listing service offers to supply the exact sold price via email upon request.
5. What are the implications of the home's age (built in 1927)?
A home of this age will likely have original building materials and systems. Prospective buyers should prioritize a thorough inspection to understand the condition of the foundation, wiring, plumbing, and roof, and factor potential updates into their plans and budget.
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