696 Atlantic Avenue

Inkster-Faraday, Winnipeg

Property score

43.0

Below average

Overall 43.0 · Smaller but newer than most nearby homes

792 sqft (bottom 26%) · Built in 1950 (20 yrs newer than avg)

Located in a above-average income area with median household income of ~80k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 6 parks, and 3 place of worships nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Above average

20 yrs newer than neighborhood avg.

Mother tongue

English · 62%Tagalog · 26%

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

43.0 is composed by the two sections below.

Property Score

30.3Low
Living Area792 sqft22Low
Year Built195030Low
Lot Size4,793 sqft60Fair
Neighbourhood Sales Activity42Low

Community Score

62.0Fair
Household Income77Good
Education Level22Low
Housing Stress52Fair
Core Housing Need63Fair
Employment Health76Good

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: #46110926

Community deep dive

$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

Population, labour & age

Population (2021)743
Labour force participation rate74%
Median age36.8
Avg household size2.8
Unemployment rate11%
Population density3910 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households29%
Couple families with children31%
Median household income (2020)$80K

Housing

Renter households12%
Condominium dwellings3%
Median dwelling value (owners)$220K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority50%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 61%
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

below average
792 sqft
0255075100
Same streetBottom 23%Same areaBottom 26%CitywideBottom 9%
Same street · Atlantic Avenue
#426 / 551
Bottom 23% · Avg 1,017 sqft
Same area · Inkster-Faraday
#1,066 / 1,442
Bottom 26% · Avg 1,025 sqft
Citywide · Winnipeg
#177,826 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
228k
0255075100
Same streetTop 42%Same areaTop 26%CitywideBottom 13%
Same street · Atlantic Avenue
#233 / 551
Top 42% · Avg 222.8k
Same area · Inkster-Faraday
#380 / 1,442
Top 26% · Avg 197.6k
Citywide · Winnipeg
#169,791 / 194,458
Bottom 13% · Avg 390.1k

Year Built

above average
1950
0255075100
Same streetTop 30%Same areaTop 6%CitywideBottom 28%

Lot Size

above average
4,793 sqft
0255075100
Same streetTop 8%Same areaTop 15%CitywideBottom 39%

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

696 Atlantic Avenue — 9 amenities found within 500 m, across 2 categories, including 6 parks (nearest 166 m).

Search radius
🌳Parks6
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 11/2019CA$200k–250k
Sold price

Same street

Top 47%

Same area

Top 38%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 696 Atlantic Avenue, Winnipeg

Property Overview: 696 Atlantic Avenue, Winnipeg

Key Characteristics & Appeal

This one-storey home on Atlantic Avenue in the Inkster-Faraday neighbourhood presents a specific and compelling value proposition. Its key characteristic is a significant contrast between a modest, renovated 792 sqft living space and a generously sized lot of nearly 4,800 sqft, which ranks well above average for both the street and the area. Built in 1950, it is a newer home compared to many in its immediate vicinity.

The primary appeal lies in this land-to-building ratio, offering ample outdoor space for gardening, expansion, or recreation on a quiet street—a rarity for the price point. With a renovated basement and a detached garage, it provides functional, compact living with clear potential. The assessed value is strong for the local area, suggesting the property is well-regarded relative to its neighbours.

This home would best suit practical first-time buyers or downsizers who prioritize private outdoor space over a large interior footprint. It’s also a logical fit for a value-oriented investor or a buyer with longer-term plans who sees the potential in the substantial lot.


Frequently Asked Questions

1. How does the home's size compare to others?
At 792 sqft, the living area is below the average for similar homes on Atlantic Avenue, in Inkster-Faraday, and across Winnipeg. This indicates a compact, efficient layout.

2. What is the significance of the large lot size?
The 4,793 sqft lot is a standout feature, ranking in the top 15% for the neighbourhood. It offers more usable yard space than most comparable properties, which is a key advantage for privacy, outdoor activities, or future projects.

3. Is the assessed value high or low for the area?
The assessed value of $22,800 is above the neighbourhood average, placing it in the top 26% for Inkster-Faraday. This suggests the property, considering its renovations and lot size, is assessed more favorably than many surrounding homes.

4. What does the sale history indicate?
The home sold previously in late 2019 for an estimated range of $19.5k to $22.5k. For the exact sale price, you can request details via email from the listing source.

5. How does the age of the home compare?
Built in 1950, it is notably newer than many homes on the same street and in the wider Inkster-Faraday area, where average build years are 1933 and 1930, respectively. This can be an advantage for systems and structure.

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