713 Atlantic Avenue

Inkster-Faraday, Winnipeg

Property score

35.0

Below average

Overall 35.0 · Smaller and older than most nearby homes

680 sqft (bottom 11%) · Built in 1912 (18 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 2 place of worships nearby

Living Area

Below average

34% smaller than neighborhood avg.

Taon ng Paggawa

Below average

18 yrs older than neighborhood avg.

Mother tongue

English · 62%Tagalog · 26%

Past 10 years Inkster-Faraday sales snapshot (~80% of all data)

Sold Count

538

Median price

247.5k

$/sqft

$193/sqft

Avg build year

1930

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Property score

35.0 is composed by the two sections below.

Property Score

17.0Low
Living Area680 sqft15Low
Taon ng Paggawa191216Low
Lupa2,302 sqft18Low
Neighbourhood Sales Activity42Low

Community Score

62.0Fair
Household Income77Good
Education Level22Low
Housing Stress52Fair
Core Housing Need63Fair
Employment Health76Good

Istatistika ng benta ng komunidad

Inkster-Faraday

How to read: Share of sales in each ~$50k price band for “inkster-faraday” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110926

Community deep dive

$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

Population, labour & age

Population (2021)743
Labour force participation rate74%
Median age36.8
Avg household size2.8
Unemployment rate11%
Population density3910 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households29%
Couple families with children31%
Median household income (2020)$80K

Housing

Renter households12%
Condominium dwellings3%
Median dwelling value (owners)$220K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority50%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Tagalog · 25%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

mas mababa sa average
680 sqft
0255075100
Same streetBottom 9%Same areaBottom 11%CitywideBottom 3%
Same street · Atlantic Avenue
#501 / 551
Bottom 9% · Avg 1,017 sqft
Same area · Inkster-Faraday
#1,287 / 1,442
Bottom 11% · Avg 1,025 sqft
Citywide · Winnipeg
#188,697 / 194,458
Bottom 3% · Avg 1,342 sqft

Assessed Value

mas mababa sa average
148k
0255075100
Same streetBottom 14%Same areaBottom 19%CitywideBottom 3%
Same street · Atlantic Avenue
#475 / 551
Bottom 14% · Avg 222.8k
Same area · Inkster-Faraday
#1,165 / 1,442
Bottom 19% · Avg 197.6k
Citywide · Winnipeg
#188,809 / 194,458
Bottom 3% · Avg 390.1k

Taon ng Paggawa

karaniwan
1912
0255075100
Same streetBottom 36%Same areaBottom 23%CitywideBottom 8%

Lupa

mas mababa sa average
2,302 sqft
0255075100
Same streetBottom 1%Same areaBottom 12%CitywideBottom 2%

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.

Transit & Walkability

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

713 Atlantic Avenue — 9 amenities found within 500 m, across 2 categories, including 7 parks (nearest 121 m).

Search radius
🌳Parks7
Worship2

Crime & Safety

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%

Kasaysayan ng Benta

Naibenta 4/2023CA$150k–200k
Presyo ng benta

Parehong kalye

Bottom 19%

Parehong lugar

Bottom 24%

Buong lungsod

Bottom 4%

Related homes

Mga tampok at karaniwang tanong: 713 Atlantic Avenue, Winnipeg

Property Summary: 713 Atlantic Avenue, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1912, situated on a modest lot in the Inkster-Faraday area. Its key characteristic is its affordability, reflected in a low assessed value and a recent sale price in the $13.5k–$16.5k range. With 680 sqft of living space and an unrenovated basement, it is notably smaller than most homes in the city, neighborhood, and even on its own street.

The primary appeal lies in its position as a minimal-entry point into the Winnipeg housing market. It suits a very specific buyer: an investor looking for a low-cost rental property, a hands-on owner seeking an extremely affordable project home to renovate over time, or someone prioritizing absolute minimum carrying costs above all else. A less obvious perspective is that its small lot and footprint could represent a lower maintenance burden compared to larger, aging homes, and its vintage may appeal to those interested in the history of Winnipeg's housing stock. However, it requires a clear-eyed view of the investment needed for updates and maintenance.

Frequently Asked Questions

1. What does "below average" in the rankings actually mean for a buyer?
It quantifies that this home is significantly smaller, on a smaller lot, and has a lower assessed value than the majority of comparable properties in each category (street, neighborhood, city). This isn't necessarily negative—it directly enables its standout affordability.

2. Is the unrenovated basement usable or finished?
The listing specifies the basement is "not renovated." Buyers should assume it is in original or utilitarian condition, suitable for storage or mechanicals, but not a finished living space without significant investment.

3. Why is there a range for the sold price, and how can I get the exact figure?
The listed range is based on public data. The exact sale price is available by request via email from the site, which provides the precise figure manually as a service, typically by the end of the same day.

4. What are the realistic use cases for a home of this size and condition?
It functions practically as a compact one- or two-person dwelling. Its most likely uses are as a long-term "live-in while you renovate" project, or as a straightforward rental property given its low acquisition cost.

5. How should I interpret the "Top 97%" city-wide ranking for Assessed Value?
This means the home's assessed value is lower than approximately 97% of all homes in Winnipeg. While this highlights its affordability, it also underscores that it is an outlier in the broader market, which typically consists of larger, more modern, and higher-valued properties.

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