Property score
47.9
Below average
Overall 47.9 · Smaller but newer than most nearby homes
720 sqft (bottom 17%) · Built in 1945 (15 yrs newer than avg)
Located in a above-average income area with median household income of ~81k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 healthcare facilitys, 4 parks, and 3 place of worships nearby
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Above average
15 yrs newer than neighborhood avg.
Mother tongue
English · 58%Tagalog · 25%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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47.9 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: #46110924
$81K
Median household income
$87K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
26%
Single-person households
28%
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
716 Cathedral Avenue — 10 amenities found within 500 m, across 4 categories, including 1 education (nearest 483 m), 2 healthcare (nearest 492 m), 4 parks (nearest 352 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 25% | Bottom 41% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 716 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home on Cathedral Avenue in the Inkster-Faraday neighbourhood presents a practical and affordable entry point into the Winnipeg market. Its key characteristic is its compact, 720 sqft living area, which is notably smaller than most comparable homes locally, suggesting a efficient, low-maintenance footprint. The home sits on a decent-sized lot (over 4,400 sqft) that is above average for the immediate area, offering valuable outdoor space relative to the home's size. A recently renovated basement adds functional living space. The assessed value is modest and aligns with averages in the neighbourhood, indicating a property with very manageable property taxes.
The appeal lies in its straightforward utility and potential. It suits first-time buyers, investors, or downsizers seeking a home with minimal upkeep and a focus on essentials. The generous lot for the area is a less obvious advantage, providing room for gardening, storage, or future expansion more commonly found on larger properties. It’s a property for those who value land and location over square footage, and who see the renovated basement as a key asset for extra room or rental potential.
Frequently Asked Questions
1. Is the living space too small?
At 720 sqft, the main floor living area is compact. However, the renovated basement significantly expands the usable space, making the overall footprint more practical for a small household or an individual.
2. What does the "below average" living area ranking mean?
This statistical comparison shows the home's main floor is smaller than many in the city. In context, it translates to lower heating/cooling costs and less interior maintenance, which can be a benefit for the right buyer.
3. How can the assessed value be so much lower than the city-wide average?
The city-wide average is skewed by newer and much larger homes in higher-value areas. The assessment here is in line with the Inkster-Faraday neighbourhood average, reflecting the local market and the home's characteristics.
4. What is the significance of the lot size?
The lot is over 4,400 sqft, which is larger than many in Inkster-Faraday. This is a standout feature, offering more private outdoor space than typical for the area, which is a valuable asset.
5. What is the home’s likely condition given its age?
Built in 1945, the home is of a typical vintage for the area. While the basement renovation is a positive update, prospective buyers should budget for expected maintenance common to houses of this era, such as updates to windows, roofing, or mechanical systems.
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