Property score
41.7
Below average
Overall 41.7 · Smaller but newer than most nearby homes
700 sqft (bottom 13%) · Built in 1945 (15 yrs newer than avg)
Located in a above-average income area with median household income of ~80k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 shop, 6 parks, and 3 place of worships nearby
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Above average
15 yrs newer than neighborhood avg.
Mother tongue
English · 62%Tagalog · 26%
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
41.7 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: #46110926
$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
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
687 Atlantic Avenue — 10 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 481 m), 6 parks (nearest 129 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 19% | Bottom 24% | Bottom 4% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 4% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 687 Atlantic Avenue, Winnipeg
Key Characteristics & Buyer Profile
This is a compact, one-storey home built in 1945, situated on a standard-sized lot in the Inkster-Faraday neighbourhood. Its key characteristic is its modest scale, with 700 sqft of living space, which places it well below the average size for Winnipeg homes. The assessed value is notably low, reflecting its basic nature and smaller footprint. There is no basement, pool, or garage.
The primary appeal lies in its affordability and simplicity. It represents a very accessible entry point into homeownership, with extremely low property taxes due to its assessment. It would suit a highly budget-conscious buyer, such as a first-time purchaser prioritizing minimal carrying costs, or an investor looking for a straightforward rental property with a low initial outlay. The lot size is average for the immediate area, offering standard outdoor space for a home of this era. A less obvious perspective is that a home of this size and age, without a basement, presents a clear canvas for a potential expansion or rebuild in the future, with the land constituting a significant portion of the property's value.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based primarily on the home's very modest size (700 sqft), basic features, and age. It is consistent with values for similar small, no-basement homes in this area.
2. What are the implications of not having a basement?
It means there is no below-ground storage, utility, or living space. All mechanical systems, like the furnace and water heater, must be on the main floor, which slightly reduces livable square footage. It also eliminates concerns about basement flooding but removes potential for future underground expansion.
3. How reliable are the sold price ranges shown?
The ranges are derived from public data. For the exact historical sale prices, you must request them via the provided email service, which manually verifies the figures from official records.
4. Is the land size typical for the neighbourhood?
Yes. The lot of 3,782 sqft is very close to the average for both Atlantic Avenue and the wider Inkster-Faraday area, though it is smaller than the average lot across the entire city.
5. The home is older, but the ranking says it's "above average" for year built in Inkster-Faraday. What does that mean?
This indicates that, within the context of the Inkster-Faraday neighbourhood specifically, this home (built in 1945) is newer than many of its immediate peers, whose average build year is 1930. It is, however, older than the typical Winnipeg home.
