686 Atlantic Avenue

Inkster-Faraday, Winnipeg

Property score

50.2

Fair

Overall 50.2 · Newer than most nearby homes

943 sqft (bottom 45%) · Built in 1951 (21 yrs newer than avg)

Located in a above-average income area with median household income of ~80k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 6 parks nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Above average

21 yrs newer than neighborhood avg.

Mother tongue

English · 62%Tagalog · 26%

Past 10 years Inkster-Faraday sales snapshot (~80% of all data)

Sold Count

538

Median price

247.5k

$/sqft

$193/sqft

Avg build year

1930

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Property score

50.2 is composed by the two sections below.

Property Score

42.4Low
Living Area943 sqft42Low
Year Built195136Low
Lot Size4,080 sqft53Fair
Neighbourhood Sales Activity42Low

Community Score

62.0Fair
Household Income77Good
Education Level22Low
Housing Stress52Fair
Core Housing Need63Fair
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110926

Community deep dive

$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

Population, labour & age

Population (2021)743
Labour force participation rate74%
Median age36.8
Avg household size2.8
Unemployment rate11%
Population density3910 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households29%
Couple families with children31%
Median household income (2020)$80K

Housing

Renter households12%
Condominium dwellings3%
Median dwelling value (owners)$220K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority50%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Tagalog · 25%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
943 sqft
0255075100
Same streetBottom 46%Same areaBottom 45%CitywideBottom 20%
Same street · Atlantic Avenue
#297 / 551
Bottom 46% · Avg 1,017 sqft
Same area · Inkster-Faraday
#795 / 1,442
Bottom 45% · Avg 1,025 sqft
Citywide · Winnipeg
#154,785 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
249k
0255075100
Same streetTop 34%Same areaTop 14%CitywideBottom 17%
Same street · Atlantic Avenue
#190 / 551
Top 34% · Avg 222.8k
Same area · Inkster-Faraday
#199 / 1,442
Top 14% · Avg 197.6k
Citywide · Winnipeg
#161,585 / 194,458
Bottom 17% · Avg 390.1k

Year Built

Elite
1951
0255075100
Same streetTop 30%Same areaTop 5%CitywideBottom 29%

Lot Size

above average
4,080 sqft
0255075100
Same streetTop 26%Same areaTop 28%CitywideBottom 27%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

686 Atlantic Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 487 m), 1 healthcare (nearest 498 m), 1 shopping (nearest 468 m).

Search radius
🍽️Dining1
🏥Healthcare1
🛒Shopping1
🌳Parks6
Worship3

Crime & Safety

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%

Sales History

Sold 6/2024CA$250k–300k
Sold price

Same street

Top 24%

Same area

Top 15%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 686 Atlantic Avenue, Winnipeg

Property Overview

This one-storey home at 686 Atlantic Avenue in Winnipeg's Inkster-Faraday neighbourhood presents a practical and value-oriented opportunity. Its key appeal lies in its relative modernity within its immediate context, a renovated basement, and a decently sized lot. Built in 1951, it is notably newer than many homes in the area, which may suggest fewer concerns related to the age of core components compared to neighbours. The living space (943 sq ft) is typical for the street and neighbourhood, while the 4,080 sq ft lot is above average for the area, offering good outdoor space potential. The home last sold in mid-2024 for a price consistent with its assessed value of $24,900.

This property would suit first-time buyers or investors seeking an entry point into the Winnipeg market with a manageable footprint. It’s also a candidate for someone looking for a solid foundation to gradually personalize, benefiting from the already renovated basement. The detached garage adds functional storage or workshop space. A thoughtful perspective is that while its size is modest city-wide, its above-average lot size for the neighbourhood provides a relative rarity: room to expand, garden, or simply enjoy more private outdoor space than nearby properties.


Frequently Asked Questions

What does the assessed value actually indicate?
The assessed value of $24,900 is for taxation purposes and is not a market price. It indicates the home is valued well below the Winnipeg city average, which typically translates to lower property taxes—a key ongoing cost saving.

How does the home's age compare to others nearby?
Built in 1951, this home is significantly newer than the average home in the Inkster-Faraday neighbourhood. This "newer vintage" within an older area can be an advantage, potentially meaning updates to major systems have already been addressed or that the building is inherently in better condition.

Is the living space small?
At 943 square feet, it is slightly below the city average but is very typical for the Atlantic Avenue street and the wider Inkster-Faraday area. It represents a compact, efficient layout suitable for individuals, couples, or small families.

What is the significance of the lot size?
The 4,080 sq ft lot is above average for both the street and the neighbourhood. This is a less obvious advantage, providing more yard space than many comparable properties—a valuable feature for privacy, recreation, or future projects like a shed or deck.

Where can I find the exact historical sold price?
The listing provides a sold price range from mid-2024. The exact sale price is available by request via email from the listing service, which they provide manually without using your email for marketing spam.

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