Property score
44.7
Below average
Overall 44.7 · Compared with neighbourhood average
936 sqft (bottom 44%) · Built in 1914 (16 yrs older than avg)
Located in a above-average income area with median household income of ~80k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 7 parks, and 3 place of worships nearby
Living Area
Near average
9% smaller than neighborhood avg.
Year Built
Near average
16 yrs older 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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44.7 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
708 Atlantic Avenue — 10 amenities found within 500 m, across 2 categories, including 7 parks (nearest 165 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 18% | Top 11% | Bottom 28% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 16% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 708 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1914, presents a practical opportunity in Winnipeg's Inkster-Faraday area. With 936 square feet of living space and a renovated basement, its size is very typical for the immediate neighborhood and street, though it sits below the city-wide average. The assessed value of $230,000 is notably above average for the Inkster-Faraday community, suggesting the property is in decent condition relative to its local peers, but is well below the average assessed value across Winnipeg.
The primary appeal lies in its positioning as an affordable, functional entry-point into the housing market. The lot, while smaller than most in the city, is a standard size for the area. Recent sale history indicates significant appreciation over the past few years. This property would suit a first-time buyer or an investor looking for a straightforward, no-frills home without the premium of a garage or large lot. Its character is one of modest utility rather than grandeur, offering a chance to own in a neighborhood where the property stands financially above many of its immediate comparables.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home sold for between $24.5k and $27.5k in late 2021, and for a much lower price earlier that same year. The current $230k assessment is significantly higher, reflecting market changes and likely the noted basement renovation. It's important to get an exact sale price and current market evaluation.
2. What does "above average for the area but below average for the city" mean in practical terms?
It means that within the Inkster-Faraday community, this home is financially valued in the top 25%, suggesting it's in better shape than many nearby homes. However, compared to all Winnipeg properties, its value is in the bottom 13%, highlighting its affordability in the broader market context.
3. Are there any concerns with a 112-year-old home?
While the age is typical for the street, a home built in 1914 will require diligent inspection. Potential buyers should pay close attention to the foundation, plumbing, electrical systems, and the quality of the basement renovation to ensure updates meet current standards.
4. The lot is noted as being below average in size. Is this a major drawback?
For this specific neighborhood and street, the lot is actually among the smaller ones. This means lower maintenance but also very limited potential for expansions or additions. Outdoor private space will be modest.
5. How stable is the property value on this street?
The home's value has increased considerably between its two sales in 2021. While this shows positive momentum, buyers should research broader neighborhood trends and factors, as the value is high relative to the area's average. Its long-term stability will be tied to ongoing upkeep and area development.
