Property score
46.6
Below average
Overall 46.6 · Newer than most nearby homes
894 sqft (bottom 39%) · Built in 1945 (15 yrs newer than avg)
Located in a above-average income area with median household income of ~80k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 6 parks, and 3 place of worships nearby
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Above average
15 yrs newer than neighborhood avg.
Mother tongue
English · 62%Tagalog · 26%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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46.6 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: #46110926
$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
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
701 Bannerman Avenue — 9 amenities found within 500 m, across 2 categories, including 6 parks (nearest 203 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 26% | Bottom 44% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 701 Bannerman Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1945, offering 894 square feet of living space on a generous 4,641 sqft lot. Its key appeal lies in its balance of modest scale and practical updates, notably a renovated basement that adds functional space. The home presents a grounded, value-oriented opportunity within the Inkster-Faraday area.
While the living space is below the citywide average, the property stands out locally with a lot size that is above average for the neighbourhood, offering valuable outdoor space or future potential relative to nearby homes. Its assessed value is modest, positioning it as an accessible entry point into the market. This home would suit first-time buyers, downsizers, or practical investors looking for a straightforward, manageable property without the upkeep of a larger house or yard. Its renovated basement adds immediate utility, making it move-in ready for someone needing a home office, separate living area, or rental income suite (subject to verification).
A less obvious perspective is its relative modernity within its immediate context: built in 1945, it is notably newer than many neighbouring homes in Inkster-Faraday, which could suggest fewer issues associated with very early 20th-century construction. The data indicates you're paying primarily for the land and location, with the house itself representing a functional, updated space rather than a premium structure.
Section 2: Frequently Asked Questions
1. What is the exact recent sold price history?
The available public data shows a sale in July 2017 for an estimated range of $16.5k to $19.5k. For precise, verified sold prices, you must request the information directly via email from the listing source, as this is not publicly disclosed in detail.
2. How does this property compare in size to others?
At 894 sqft, the living area is below the Winnipeg city average. However, its 4,641 sqft lot is larger than most in the Inkster-Faraday neighbourhood, offering more outdoor space than typical local comparables.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope, finishes, or if it includes a separate entrance or kitchenette. This would require clarification with the seller or a viewing to understand its full functionality and compliance with local codes.
4. Is there parking or a garage?
The listing specifies there is no garage. Parking is likely limited to on-street or a driveway, which should be confirmed during a visit.
5. How is the property valued compared to the rest of the city?
With an assessed value of $21.5k, it falls within the bottom 10% of all Winnipeg properties, indicating it is a very low-cost option citywide. This reflects its smaller size and location, not necessarily the condition, which appears updated.
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