Property score
42.4
Below average
Overall 42.4 · Older than most nearby homes
970 sqft (bottom 48%) · 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
Near average
5% 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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42.4 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
702 College Avenue — 17 amenities found within 500 m, across 8 categories, including 1 dining (nearest 383 m), 3 education (nearest 215 m), 2 healthcare (nearest 375 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 31% | Bottom 22% | Bottom 4% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 7% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 702 College Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1912, presents a practical entry point into Winnipeg’s Inkster-Faraday neighbourhood. With 970 square feet of living space, it sits around the average size for both its street and local area, offering a manageable footprint. Its key features include a detached garage and a basement that is present but not renovated, indicating potential for customization.
The primary appeal lies in its affordability and position as a straightforward, no-frills property. The assessed value is significantly below the citywide average, which translates to lower property taxes—a major, ongoing cost savings for an owner. It suits first-time buyers, investors, or downsizers seeking minimal financial overhead and who are comfortable with a home of vintage character that may require updates. A thoughtful perspective is its relative standing: while its small land lot is well below average, this can mean less maintenance and a more community-focused, neighbourhood feel rather than private outdoor space. It’s a property for those who value location and fundamentals over size or modern finishes.
Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
This is common in older, established neighbourhoods where property values are based on long-standing assessment models and sales of comparable homes in the area, not on citywide new-build prices. It results in a tangible benefit through substantially lower annual property taxes.
2. What does "basement, not renovated" typically imply?
It means the basement space is functional and intact but retains its original or older finishes, mechanical systems, and layout. It’s liveable and usable for storage or utilities but represents an opportunity for future modernization according to a new owner's needs and budget.
3. How does the home’s age affect ownership?
Built in 1912, the home will have the character and solid construction of its era but may also have older wiring, plumbing, or insulation. A thorough inspection is essential to understand any needed updates or maintenance specific to a house of this vintage.
4. The lot size is noted as below average. Is that a major drawback?
It depends on your priorities. The smaller lot limits expansive private gardening or large additions but reduces yard work and upkeep. It places the home closer to the street and neighbours, which can foster a more connected neighbourhood atmosphere.
5. Who would this property not be suitable for?
It may not suit buyers looking for a turn-key, modernized home, those who desire a large private yard, or families needing more than the average living space for the immediate area. It’s best for those who see potential and value in a classic, affordable property.
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