Property score
35.2
Below average
Overall 35.2 · Smaller and older than most nearby homes
717 sqft (bottom 14%) · Built in 1912 (18 yrs older than avg)
Located in a above-average income area with median household income of ~65k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 3 schools, 2 healthcare facilitys, and 4 shops nearby
Living Area
Below average
30% smaller 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)
538
247.5k
$193/sqft
1930
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35.2 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: #46110920
$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
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 College Avenue — 17 amenities found within 500 m, across 8 categories, including 1 dining (nearest 389 m), 3 education (nearest 219 m), 2 healthcare (nearest 381 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 | Bottom 40% | Bottom 32% | Bottom 5% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 48% | Bottom 39% | Bottom 7% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 23% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 700 College Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1912, situated on a smaller lot in the Inkster-Faraday neighbourhood. Its key appeal lies in its affordability and straightforward utility. With a living area of 717 sq ft, an unfinished basement, and a detached garage, it represents a no-frills entry point into the Winnipeg market.
The home’s assessed value is notably low, even compared to its immediate area, which translates to very low property taxes—a significant, ongoing financial benefit. Its recent sale history shows consistent activity, suggesting it functions as a reliable and liquid asset in its price range. This property would suit a pragmatic, first-time buyer or an investor looking for a low-cost rental property. Its modest size and condition mean it’s not for someone seeking a turn-key or spacious family home, but rather for those who value minimal overhead, see potential in a basic structure, or prioritize cash flow over amenities.
A less obvious perspective is that its consistent below-average metrics (size, value, lot) aren't necessarily drawbacks here; they define its niche. In a market of increasingly expensive homes, this property remains accessible. Its age and smaller footprint also imply lower utility costs and less maintenance surface area compared to larger, newer builds.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific characteristics—its small size, age, and condition—relative to similar homes. It reflects its market position as a more affordable option, which also results in proportionally lower property taxes.
2. What does the "Top X%" ranking mean for living area?
Rankings compare this home to others. For example, "Top 90%" for living area on its street means only 10% of comparable homes on College Avenue are smaller; 90% are larger. This confirms the home is compact relative to its immediate neighbours.
3. Is the unfinished basement a drawback?
It depends on your goals. It lacks finished living space, but it provides essential utility storage, mechanical systems, and potential for future development. For a buyer seeking the absolute lowest cost and no renovation projects, its current state helps keep the price down.
4. The home has sold several times recently. Is that a concern?
Frequent sales can indicate a few things: it may be popular as a starter home that people move on from, or it functions well as a steady rental investment property that changes hands between investors. The consistent sale price range suggests a stable, understood value in the market.
5. How useful is the detached garage?
A detached garage is a valuable asset, especially for storage, workshops, or vehicle protection in Winnipeg's climate. For a small house with limited storage, this external space is a practical bonus that adds daily utility.
