686 Bannerman Avenue

Inkster-Faraday, Winnipeg

66.9

Good

Overall 66.9

Larger and newer than most nearby homes

1,444 sqft (top 8%)

Built in 1944 (14 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

Living Area

Above average

41% larger than neighborhood avg.

Year Built

Above average

14 yrs newer than neighborhood avg.

Mother tongue

English · 58%Tagalog · 25%

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

66.9 is composed by the two sections below.

Property Score

60.9Fair
Living Area1,444 sqft75Good
Year Built194424Low
Lot Size4,728 sqft60Fair
Neighbourhood Sales Activity42Low

Community Score

75.9Good
Household Income77Good
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110924

Community deep dive

$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

Population, labour & age

Population (2021)600
Labour force participation rate77%
Median age38.8
Avg household size2.7
Unemployment rate11%
Population density4615 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households26%
Couple families with children28%
Median household income (2020)$81K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)39%
Visible minority42%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 57%
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

above average
1,444 sqft
0255075100
Same streetTop 13%Same areaTop 8%CitywideTop 34%
Same street · Bannerman Avenue
#75 / 577
Top 13% · Avg 1,114 sqft
Same area · Inkster-Faraday
#113 / 1,442
Top 8% · Avg 1,025 sqft
Citywide · Winnipeg
#65,193 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
273k
0255075100
Same streetTop 40%Same areaTop 7%CitywideBottom 22%
Same street · Bannerman Avenue
#228 / 577
Top 40% · Avg 243.4k
Same area · Inkster-Faraday
#94 / 1,442
Top 7% · Avg 197.6k
Citywide · Winnipeg
#150,712 / 194,458
Bottom 22% · Avg 390.1k

Year Built

above average
1944
0255075100
Same streetTop 45%Same areaTop 28%CitywideBottom 21%

Lot Size

above average
4,728 sqft
0255075100
Same streetTop 32%Same areaTop 15%CitywideBottom 38%

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 Bannerman Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 481 m), 2 healthcare (nearest 473 m), 1 shopping (nearest 481 m).

Search radius
🍽️Dining1
🏥Healthcare2
🛒Shopping1
🌳Parks5
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 1/2017CA$200k–250k
Sold price

Same street

Top 41%

Same area

Top 20%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 686 Bannerman Avenue, Winnipeg

Property Overview: 686 Bannerman Avenue

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1944, offers a practical and spacious layout in Winnipeg's Inkster-Faraday neighbourhood. With 1,444 sqft of living space and a recently renovated basement, it provides more room than most homes in the immediate area. The property sits on a decent-sized lot of 4,728 sqft and includes a detached garage.

The primary appeal lies in its above-average space and value within its local context. Compared to similar homes in Inkster-Faraday, it ranks in the top tiers for both living area and assessed value, suggesting a well-sized home that is priced proportionally within the neighbourhood. Its renovated basement adds modern functionality to a classic structure. The home would suit first-time buyers or practical investors looking for a solid, spacious property without a premium city-wide price tag. It's a home for those who value neighbourhood-level value over city-wide comparisons, offering more house for your dollar in this specific community.

Frequently Asked Questions

1. How does this home's value compare to the rest of Winnipeg?
City-wide, its assessed value is below the average for comparable homes. This highlights its positioning as a neighbourhood-centric value; you are getting a home that stands out locally for its size and condition, but not necessarily one that commands a city-wide premium.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finishes, the presence of proper permits, and whether it includes added features like a bathroom or legal secondary suite.

3. Is the detached garage in good condition?
Given the home's age, the condition of the detached garage should be verified. Consider its size, structural state, and utility for vehicle storage or as a workshop.

4. What is the typical property tax bill?
With an assessed value of $27,300, property taxes can be estimated. However, contacting the city with the exact roll number is recommended for a precise, current annual amount.

5. Have there been any major updates to the main house?
While the basement is noted as renovated, the listing does not detail updates to key systems (like roof, wiring, plumbing, or windows) in the primary living areas. An inspection is crucial to understand the home's overall condition and potential upcoming maintenance.

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