697 Lansdowne Avenue

Inkster-Faraday, Winnipeg

Property score

51.4

Fair

Overall 51.4 · Newer than most nearby homes

938 sqft (bottom 44%) · Built in 1950 (20 yrs newer than avg)

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

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 7 parks, and 2 place of worships nearby

Living Area

Near average

8% 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

51.4 is composed by the two sections below.

Property Score

44.4Low
Living Area938 sqft42Low
Year Built195030Low
Lot Size5,920 sqft74Good
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

around average
938 sqft
0255075100
Same streetBottom 26%Same areaBottom 44%CitywideBottom 20%
Same street · Lansdowne Avenue
#405 / 545
Bottom 26% · Avg 1,124 sqft
Same area · Inkster-Faraday
#804 / 1,442
Bottom 44% · Avg 1,025 sqft
Citywide · Winnipeg
#155,269 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
247k
0255075100
Same streetTop 50%Same areaTop 15%CitywideBottom 16%
Same street · Lansdowne Avenue
#271 / 545
Top 50% · Avg 254.2k
Same area · Inkster-Faraday
#216 / 1,442
Top 15% · Avg 197.6k
Citywide · Winnipeg
#162,409 / 194,458
Bottom 16% · Avg 390.1k

Year Built

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

Lot Size

Elite
5,920 sqft
0255075100
Same streetTop 12%Same areaTop 4%CitywideTop 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

697 Lansdowne Avenue — 9 amenities found within 500 m, across 2 categories, including 7 parks (nearest 158 m).

Search radius
🌳Parks7
Worship2

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 5/2023CA$250k–300k
Sold price

Same street

Top 24%

Same area

Top 5%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 697 Lansdowne Avenue, Winnipeg

Property Overview

This one-storey home at 697 Lansdowne Avenue is a study in contrasts, offering a practical footprint on a notably generous lot. Its key appeal lies in its above-average, private outdoor space within the Inkster-Faraday neighbourhood, paired with a recently renovated basement that adds functional living area. The house itself, at 938 sqft, is modest and below the city-wide average for living space, suggesting a layout suited for efficiency.

The data reveals a property that stands out locally more for its land than its structure. With a land area ranking in the top 4% of its immediate area, the lot is a significant asset. This is complemented by an assessed value that is above average for the neighbourhood, indicating it is viewed favorably compared to nearby properties. The home would suit first-time buyers, downsizers, or investors looking for a manageable property with clear potential for expansion or gardening, where the value is anchored in the land itself. Its recent sale in 2023 also provides a clear, modern price benchmark for buyers.

Frequently Asked Questions

1. Is the living space too small?
At 938 sqft, the main floor living area is below averages for the city and even its own street. However, the renovated basement adds usable space, making the total functional area more competitive. It's a home that prioritizes lot size over interior square footage.

2. Why is the assessed value so much higher for the neighbourhood than the city?
The assessed value is relative. It ranks highly within Inkster-Faraday because property values in this area are generally lower than the Winnipeg city-wide average. The assessment reflects its standing as a better-than-average property for this specific locale.

3. What can I do with such a large lot?
The 5,920 sqft lot is a standout feature, offering rare space for the area. Beyond gardening, it provides ample room for additions, a large shed or workshop, or simply significant private outdoor living space—an uncommon find in this price segment.

4. The home was built in 1950. What does that mean for maintenance?
While newer than many homes on its street, a 76-year-old house will likely have aging core components like plumbing, electrical, and the roof. The renovated basement is a plus, but a thorough inspection of the original structure and systems is essential.

5. How reliable is the 2023 sold price as a benchmark?
The sold price range from May 2023 is a very relevant and recent data point, making it a strong starting point for understanding current market value. However, market conditions can shift, so it should be considered alongside more recent comparable sales.

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