61.6
Fair
Property score
61.6
Fair
Overall 61.6
Newer than most nearby homes
1,103 sqft (top 39%)
Built in 1945 (15 yrs newer than avg)
Located in a above-average income area
with median household income of ~81k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 6 parks, and 3 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
8% larger than neighborhood avg.
Year Built
Above average
15 yrs newer than neighborhood avg.
Mother tongue
English · 58%Tagalog · 25%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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61.6 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: #46110924
$81K
Median household income
$87K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
26%
Single-person households
28%
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
700 Bannerman Avenue — 9 amenities found within 500 m, across 2 categories, including 6 parks (nearest 259 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 16% | Top 5% | Bottom 37% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 47% | Top 34% | Bottom 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 32% | Top 50% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 700 Bannerman Avenue
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1945, is a solid, no-frills property in Winnipeg's Inkster-Faraday area. With 1,103 sqft of living space and a renovated basement, it sits on a standard 4,317 sqft lot with a detached garage. The data reveals its primary appeal is value within its immediate neighborhood. While its size, age, and assessed value are average citywide, it consistently ranks above average for the Inkster-Faraday area itself—particularly for its assessed value and lot size. This suggests it represents a comparatively strong offering in its local market context.
The home suits practical, value-conscious buyers. It's ideal for a first-time homeowner seeking a liveable, updated starter home without a premium price tag, or an investor looking for a straightforward rental property with a stable history. Its recent sale history shows steady appreciation, and the renovated basement adds functional living space. A less obvious perspective is that its "average" metrics citywide might actually be a benefit, indicating a manageable property without the extreme costs or quirks that can come with much newer or much larger homes.
Frequently Asked Questions
1. How does this home's value compare to others nearby?
The assessed value of $23,500 ranks in the top 23% for the Inkster-Faraday neighborhood, meaning it is considered above average compared to similar local properties.
2. Has the property value increased over time?
Based on available sold price ranges, the property has shown consistent growth. It sold in the $17.5k-$20.5k range in 2017, the $20.5k-$23.5k range in 2021, and the $27.5k-$30.5k range in early 2022.
3. Is the lot size typical for the area?
Yes. The lot is 4,317 sqft, which is above the neighborhood average and provides a standard outdoor space for the area.
4. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification with the seller or listing agent regarding the finishes, permits, and intended use (e.g., additional living space, suite potential).
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request them directly via the "Get exact sold price history" feature on the listing page by providing your email address.
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