Property score
50.2
Fair
Overall 50.2 · Newer than most nearby homes
980 sqft (bottom 48%) · 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
Near average
4% 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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50.2 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: #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
713 Bannerman Avenue — 9 amenities found within 500 m, across 2 categories, including 6 parks (nearest 205 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 28% | Bottom 47% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 713 Bannerman Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1945, presents a practical and affordable entry point into Winnipeg’s Inkster-Faraday neighbourhood. With 980 square feet of living space and a notably generous 4,651 sqft lot for the area, it offers a balance of compact living and outdoor potential. Its assessed value is modest, positioning it well below the citywide average, which suggests a lower property tax burden and an accessible price point.
The primary appeal lies in its value proposition and lot size. For its immediate area, the lot is above average, providing rare space for gardening, expansion, or simply more privacy than nearby properties. It suits first-time buyers seeking a foothold in the market without overextending finances, or practical investors looking for a straightforward rental property. A thoughtful perspective is that a home of this vintage and scale on a larger lot could represent a “blank canvas” opportunity—it’s a property where the land itself may hold as much or more value than the current structure, appealing to those with long-term renovation or redevelopment vision.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others?
Its assessed value is around average for the Inkster-Faraday area but sits well below the Winnipeg citywide average. This typically indicates a more affordable purchase price and correspondingly lower property taxes.
2. Is the living space smaller than average?
Yes. The 980 sqft living area is slightly below average for similar homes in the immediate neighbourhood and more notably below the citywide average. This points to a compact, efficient layout rather than a spacious one.
3. What does the lot size mean for me?
At 4,651 sqft, the lot is larger than many in the Inkster-Faraday area. This is a key feature, offering more yard space than is typical for the location, which could be used for recreation, gardening, or future projects like a shed or addition.
4. How old is the property, and what should I consider?
Built in 1945, the home is 81 years old. While it’s newer than many area comparables, prospective buyers should budget for maintenance and updates consistent with a home of this age, such as potential updates to wiring, plumbing, or insulation.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. To obtain the precise sale price from its last transaction, you can request it via email from the listing source, which provides the information manually without using your email for marketing.
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