46.9
Below average
Property score
46.9
Below average
Overall 46.9
Smaller than most nearby homes
708 sqft (bottom 14%)
Built in 1913 (17 yrs older than avg)
Located in a above-average income area
with median household income of ~81k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 2 healthcare facilitys, 1 shop, and 6 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Below average
17 yrs older 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
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
Free · No credit card required
46.9 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: #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
685 Cathedral Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 469 m), 2 healthcare (nearest 453 m), 1 shopping (nearest 479 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 23% | Top 9% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 685 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1913, situated on a standard-sized lot in the Inkster-Faraday neighbourhood. Its primary appeal lies in its efficiency and value within its immediate context. With a modest 708 sqft of living space and a renovated basement, it offers a straightforward, low-maintenance footprint. The detached garage adds practical utility.
The data reveals a nuanced picture: while the home's size is below average city-wide, its assessed value ranks well above average for the Inkster-Faraday area. This suggests it represents a comparatively strong value proposition within this specific neighbourhood. It last sold in late 2022 for an estimated $25.5k-$28.5k.
This property would best suit a pragmatic, budget-conscious buyer. It's ideal for a first-time homeowner seeking an entry point into the market, an investor looking for a manageable rental property, or someone wanting to minimize living space and associated costs. Its appeal is less about grandeur and more about practicality and financial accessibility in a well-established area.
Frequently Asked Questions
1. Is this a "tiny home"?
While its 708 sqft living area is compact and below the city average, it is a full, traditional lot-based home with a basement and detached garage, offering more utility than a modern "tiny home" typically would.
2. How does the low assessed value work?
The assessed value ( $23,900 ) is for taxation purposes and reflects the property's value relative to others in Winnipeg. It is not the market sale price, which was higher in the 2022 transaction. This can indicate relatively lower property taxes.
3. What does the "renovated basement" include?
The listing notes a renovated basement but does not specify the finish or layout. This is a key detail to clarify with the seller or agent to understand if it's a livable space, a utility area, or has separate entrance potential.
4. Given its age, what should I be concerned about?
As a home built in 1913, potential buyers should prioritize inspections for foundational integrity, the condition of older plumbing and electrical systems (and any updates), and the roof. Its age is typical for the street and area.
5. Why is its value ranking higher in the neighbourhood than city-wide?
This highlights the property's standing in its local market. It suggests that for Inkster-Faraday, this home is considered a solid asset compared to its peers, whereas city-wide, different standards of size, location, and amenities apply.
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.
