Property score
46.6
Below average
Overall 46.6 · Newer than most nearby homes
880 sqft (bottom 38%) · Built in 1945 (15 yrs newer than avg)
Located in a above-average income area with median household income of ~80k
Transit 80.0 · 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
14% 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
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46.6 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
693 Bannerman Avenue — 10 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 494 m), 6 parks (nearest 206 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 44% | Top 24% | Bottom 19% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 16% | Bottom 29% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 693 Bannerman Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1945, is a compact and affordable entry point into Winnipeg’s Inkster-Faraday neighbourhood. With 880 square feet of living space and a detached garage, it sits on a notably generous lot for the immediate area—over 4,600 square feet. The home’s assessed value is modest, positioning it well below the citywide average, which translates to lower property taxes.
Its primary appeal lies in its value proposition and lot size. For a buyer comfortable with a smaller, character home, it offers a chance to secure a property with land in a long-established community. The lot provides valuable outdoor space and future potential that many similarly priced properties lack. It would suit a first-time buyer, an investor, or someone looking to downsize with a focus on financial efficiency. A thoughtful perspective is that, while the home’s living area is below average, its lot size ranks well above average for the neighbourhood, suggesting the property’s true value may be more in its land than its current structure.
Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value of $19,700 is significantly below the Winnipeg average, indicating very low annual property taxes. It reflects the home’s modest size and market position rather than a potential sale price, which has been higher in recent years.
2. How does the lot size compare to others?
At 4,649 sqft, the lot is larger than most in the Inkster-Faraday area. This is a standout feature, offering more private outdoor space than typical properties in this price range.
3. Is the living area a concern?
At 880 sqft, the home is compact. It’s ideal for a single person, a couple, or a small family comfortable with efficient living. The layout and condition of the interior would be key factors to assess.
4. What is the recent sales history?
The property sold in May 2024 for an estimated $21,500-$24,500, and prior to that in May 2017 for $14,500-$17,500. This shows price appreciation over that period.
5. What are the implications of the home’s age?
Built in 1945, the home is older than many in the city. This typically means potential for character but also necessitates a thorough inspection for the condition of major systems like wiring, plumbing, and the foundation.
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