715 College Avenue

Inkster-Faraday, Winnipeg

Property score

48.5

Below average

Overall 48.5 · Compared with neighbourhood average

1,040 sqft (top 46%) · Built in 1914 (16 yrs older than avg)

Located in a above-average income area with median household income of ~65k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 3 schools, 2 healthcare facilitys, and 3 shops nearby

Living Area

Near average

2% larger than neighborhood avg.

Taon ng Paggawa

Near average

16 yrs older than neighborhood avg.

Mother tongue

English · 65%Tagalog · 24%

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

48.5 is composed by the two sections below.

Property Score

43.4Low
Living Area1,040 sqft52Fair
Taon ng Paggawa191416Low
Lupa3,628 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

56.1Fair
Household Income68Good
Education Level34Low
Housing Stress63Fair
Core Housing Need38Low
Employment Health52Fair

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: #46110920

Community deep dive

$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

Population, labour & age

Population (2021)541
Labour force participation rate62%
Median age32.0
Avg household size3.2
Unemployment rate16%
Population density6011 / km²

Households & income

Low income (LIM-AT, % pop.)23%
Single-person households21%
Couple families with children30%
Median household income (2020)$65K

Housing

Renter households43%
Condominium dwellings0%
Median dwelling value (owners)$160K

Diversity, education & language

Immigrants (share of pop.)42%
Visible minority46%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Tagalog · 24%

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

Mga ranggo

Living Area

karaniwan
1,040 sqft
0255075100
Same streetTop 50%Same areaTop 46%CitywideBottom 32%
Same street · College Avenue
#222 / 441
Top 50% · Avg 1,134 sqft
Same area · Inkster-Faraday
#657 / 1,442
Top 46% · Avg 1,025 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Assessed Value

karaniwan
169k
0255075100
Same streetBottom 45%Same areaBottom 31%CitywideBottom 5%
Same street · College Avenue
#244 / 441
Bottom 45% · Avg 185.9k
Same area · Inkster-Faraday
#997 / 1,442
Bottom 31% · Avg 197.6k
Citywide · Winnipeg
#185,339 / 194,458
Bottom 5% · Avg 390.1k

Taon ng Paggawa

karaniwan
1914
0255075100
Same streetBottom 46%Same areaBottom 40%CitywideBottom 11%

Lupa

karaniwan
3,628 sqft
0255075100
Same streetTop 48%Same areaTop 46%CitywideBottom 21%

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

715 College Avenue — 14 amenities found within 500 m, across 7 categories, including 1 dining (nearest 315 m), 3 education (nearest 141 m), 2 healthcare (nearest 374 m).

Search radius
🍽️Dining1
🏫Education3
🏥Healthcare2
🛒Shopping3
🏦Finance1
Worship3
🏛️Government1

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 7/2024CA$200k–250k
Presyo ng benta

Parehong kalye

Top 35%

Parehong lugar

Top 42%

Buong lungsod

Bottom 12%

Related homes

Mga tampok at karaniwang tanong: 715 College Avenue, Winnipeg

Property Overview: 715 College Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 1914, presents a straightforward opportunity in the Inkster-Faraday neighbourhood. With 1,040 sqft of living space and a 3,628 sqft lot, its metrics are consistently average for its immediate area, suggesting it’s a typical home for this street and community. It features a detached garage and an unrenovated basement, indicating potential for customization or future expansion.

The primary appeal lies in its stability and context. It’s not an outlier; it’s a representative property in its market segment, which can be a positive for buyers seeking an affordable, no-surprises entry into homeownership. Its assessed value is significantly below the citywide average, highlighting the accessible price point of the neighbourhood. This home would suit a first-time buyer, an investor looking for a rental property, or a practical buyer who values function over flash and is comfortable with a home that may require updates over time. A thoughtful perspective is that a home which is "average" for its area can offer a clearer, less volatile investment proposition, as its value is closely tied to the community's overall trajectory rather than unique, hard-to-replicate features.

Section 2: Frequently Asked Questions

1. What is the actual recent sold price?
The available data shows a sold price range of $18.5k to $21.5k in July 2024. The exact final sale price is not publicly listed, but it can be requested directly from the site.

2. How does this home compare to others nearby?
Within the Inkster-Faraday neighbourhood and specifically on College Avenue, this home is consistently around the average for living area, lot size, age, and assessed value. It is a very typical property for this specific location.

3. What does the "below average" citywide assessed value mean?
While the home’s value is average for its local area, it is well below the average for the entire City of Winnipeg. This primarily reflects the more affordable nature of the Inkster-Faraday community compared to the city as a whole, not necessarily a problem with the property itself.

4. What should I know about the basement?
The listing notes the basement is "not renovated." Prospective buyers should budget for potential updates and are advised to have a thorough inspection to assess its current condition, moisture control, and suitability for future finishing.

5. Is the detached garage a plus or a minus?
This depends on preference. A detached garage offers flexibility and can be ideal for a workshop or to reduce noise in the house. However, it is less convenient for daily vehicle access during Winnipeg winters compared to an attached garage.

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