694 Mountain Avenue

Inkster-Faraday, Winnipeg

Property score

48.5

Below average

Overall 48.5 · Older than most nearby homes

1,099 sqft (top 39%) · Built in 1912 (18 yrs older than avg)

Located in a above-average income area with median household income of ~65k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Near average

7% larger than neighborhood avg.

Year Built

Below average

18 yrs older than neighborhood avg.

Mother tongue

English · 65%Tagalog · 24%

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

48.5 is composed by the two sections below.

Property Score

43.4Low
Living Area1,099 sqft52Fair
Year Built191216Low
Lot Size3,640 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

56.1Fair
Household Income68Good
Education Level34Low
Housing Stress63Fair
Core Housing Need38Low
Employment Health52Fair

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: #46110920

Community deep dive

$65K

Median household income

$67K

Average household income

23%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

21%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)541
Labour force participation rate62%
Median age32.0
Avg household size3.2
Unemployment rate16%
Population density6011 / km²

Households & income

Low income (LIM-AT, % pop.)23%
Single-person households21%
Couple families with children30%
Median household income (2020)$65K

Housing

Renter households43%
Condominium dwellings0%
Median dwelling value (owners)$160K

Diversity, education & language

Immigrants (share of pop.)42%
Visible minority46%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Tagalog · 24%

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

Rankings

Living Area

around average
1,099 sqft
0255075100
Same streetTop 49%Same areaTop 39%CitywideBottom 39%
Same street · Mountain Avenue
#151 / 310
Top 49% · Avg 1,109 sqft
Same area · Inkster-Faraday
#568 / 1,442
Top 39% · Avg 1,025 sqft
Citywide · Winnipeg
#117,799 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
197k
0255075100
Same streetTop 48%Same areaTop 50%CitywideBottom 8%
Same street · Mountain Avenue
#148 / 310
Top 48% · Avg 198.2k
Same area · Inkster-Faraday
#728 / 1,442
Top 50% · Avg 197.6k
Citywide · Winnipeg
#179,272 / 194,458
Bottom 8% · Avg 390.1k

Year Built

below average
1912
0255075100
Same streetBottom 27%Same areaBottom 23%CitywideBottom 8%

Lot Size

around average
3,640 sqft
0255075100
Same streetBottom 38%Same areaTop 45%CitywideBottom 21%

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

694 Mountain Avenue — 12 amenities found within 500 m, across 7 categories, including 1 dining (nearest 250 m), 2 education (nearest 77 m), 2 healthcare (nearest 381 m).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare2
🛒Shopping2
🏦Finance1
Worship3
🏛️Government1

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 12/2022CA$200k–250k
Sold price

Same street

Top 42%

Same area

Top 46%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 694 Mountain Avenue, Winnipeg

Property Overview

This one-and-a-half storey home on Mountain Avenue is a practical and character-filled property in the Inkster-Faraday neighbourhood. Built in 1912, it offers 1,099 sqft of living space with a renovated basement and a detached garage. The home presents a balanced profile within its immediate area: its living space, assessed value, and lot size are all around the average for similar homes on its street and in the neighbourhood. Its appeal lies in this stability—it’s a home that matches the local norms without extremes, situated on a street with many properties of a similar vintage and scale. It would suit a first-time buyer or an investor looking for a solid, no-surprises entry into the Winnipeg market, particularly someone who appreciates the established feel of an older neighbourhood and the value of a recently updated basement.

A thoughtful perspective is that while its city-wide rankings for size and value are below average, this reflects the property’s context in a mature, centrally-located area where lots and homes are typically more compact compared to newer suburbs. This isn’t a drawback, but a defining characteristic that offers a different lifestyle—one with shorter commutes, mature trees, and a sense of history. The recent basement renovation adds modern functionality to the classic layout, making it a pragmatic blend of old and new.


Frequently Asked Questions

1. Is this a good value compared to the rest of the city?
The assessed value is significantly below the Winnipeg city-wide average, which is typical for established central neighbourhoods. This indicates a potentially more accessible entry point into the market, though property taxes would also likely be lower relative to newer, higher-assessed suburbs.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. This would be a key question for the listing agent to understand the finish quality, ceiling height, and whether it includes a legal suite or additional living space.

3. How does the older age (1912) affect the home?
While the home is well-maintained, its age means buyers should pay special attention to the condition of major systems like plumbing, electrical, and the foundation during an inspection. The character of an older home comes with a responsibility for proactive maintenance.

4. What is the neighbourhood like?
Inkster-Faraday is a long-established neighbourhood with homes primarily from the early-to-mid 20th century. The property’s metrics are very typical for the area, suggesting a consistent, stable streetscape without dramatic outliers in size or value.

5. Why is there a range for the last sold price?
The provided sold price is an estimate based on public data. To obtain the exact sale price from December 2022, you must request it directly from the website via email, as they manually verify this information from proprietary sources.

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