686 Cathedral Avenue

Inkster-Faraday, Winnipeg

Property score

62.2

Fair

Overall 62.2 · Newer than most nearby homes

1,104 sqft (top 38%) · Built in 1945 (15 yrs newer 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, 1 school, 2 healthcare facilitys, and 1 shop nearby

Living Area

Near average

8% larger than neighborhood avg.

Year Built

Above average

15 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

62.2 is composed by the two sections below.

Property Score

53.1Fair
Living Area1,104 sqft60Fair
Year Built194530Low
Lot Size4,547 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

around average
1,104 sqft
0255075100
Same streetBottom 49%Same areaTop 38%CitywideBottom 40%
Same street · Cathedral Avenue
#256 / 499
Bottom 49% · Avg 1,212 sqft
Same area · Inkster-Faraday
#553 / 1,442
Top 38% · Avg 1,025 sqft
Citywide · Winnipeg
#116,454 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
241k
0255075100
Same streetTop 48%Same areaTop 19%CitywideBottom 15%
Same street · Cathedral Avenue
#239 / 499
Top 48% · Avg 244k
Same area · Inkster-Faraday
#278 / 1,442
Top 19% · Avg 197.6k
Citywide · Winnipeg
#164,941 / 194,458
Bottom 15% · Avg 390.1k

Year Built

above average
1945
0255075100
Same streetTop 32%Same areaTop 19%CitywideBottom 22%

Lot Size

above average
4,547 sqft
0255075100
Same streetTop 46%Same areaTop 20%CitywideBottom 35%

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 Cathedral Avenue — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 478 m), 1 education (nearest 475 m), 2 healthcare (nearest 449 m).

Search radius
🍽️Dining1
🏫Education1
🏥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 3/2023CA$150k–200k
Sold price

Same street

Bottom 25%

Same area

Bottom 42%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 686 Cathedral Avenue, Winnipeg

Property Overview: 686 Cathedral Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home on Cathedral Avenue in the Inkster-Faraday neighbourhood is a practical, no-fuss property. Built in 1945, it offers 1,104 sqft of living space with a renovated basement and a detached garage, sitting on a standard city lot of just over 4,500 sqft.

Its primary appeal lies in its solid positioning within its immediate area. The data shows that for the Inkster-Faraday neighbourhood, this home ranks above average in assessed value, land size, and year built, meaning it represents a relatively newer and more valuable property compared to many of its local peers. This suggests a well-kept home in a stable context. However, its city-wide rankings are more modest, highlighting its value as an affordable entry point into the Winnipeg market rather than a premium city-wide offering.

This property would suit first-time buyers or practical investors looking for a straightforward, renovated home without major surprises. It’s for someone who values being above the neighbourhood average in key metrics and appreciates the character of a mature community like Inkster-Faraday. The detached garage and renovated basement add functional space, appealing to those who need a workshop, storage, or flexible living areas.

Section 2: Frequently Asked Questions

1. What does the assessed value tell me about this property?
The assessed value of $24,100 is notably above the neighbourhood average, which often indicates the property is in better condition, has seen improvements, or is on a more desirable lot compared to others in Inkster-Faraday. It's important to note this is a municipal assessment for tax purposes, not a market valuation.

2. How does the living space compare to nearby homes?
At 1,104 sqft, the living area is very close to the average for both the street and the wider city. It’s a comfortably sized home for a small household, but not unusually large or small, making it a typical footprint for the area.

3. The home was built in 1945. What should I consider?
While 1945 is newer than many homes in this specific neighbourhood, it still means the core structure is 80 years old. A renovated basement is a positive, but a thorough inspection of major aging components (like roof, wiring, and plumbing) is essential, as with any character home.

4. What is the significance of the lot size?
The lot size of 4,547 sqft is above average for Inkster-Faraday, offering more outdoor space than many neighbouring properties. City-wide, it’s around average. This provides a good balance of yard space without the maintenance demands of a much larger lot.

5. How should I interpret the last sold price range (2023)?
The listed range of $16.5k–$19.5k from March 2023 is a historical data point. Given the current assessed value and market conditions, it is not a reliable indicator of today’s market value. It’s recommended to request the exact sold price from the provider and consult recent comparable sales for an accurate current valuation.

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