Property score
51.7
Fair
Overall 51.7 · Newer than most nearby homes
901 sqft (bottom 41%) · Built in 2015 (85 yrs newer 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
12% smaller than neighborhood avg.
Year Built
Above average
85 yrs newer than neighborhood avg.
Mother tongue
English · 65%Tagalog · 24%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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51.7 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: #46110920
$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
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
720 College Avenue — 16 amenities found within 500 m, across 8 categories, including 1 dining (nearest 320 m), 3 education (nearest 188 m), 2 healthcare (nearest 321 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 25% | Top 36% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 720 College Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 720 College Avenue is defined by its modern age in a neighborhood of much older properties. Built in 2015, it is newer than over 99% of homes in the immediate Inkster-Faraday area, offering a significant advantage in terms of modern construction standards, systems, and likely lower immediate maintenance needs. With 901 sqft of living space and an unrenovated basement, it presents a compact, efficient layout.
The primary appeal lies in this balance of a contemporary structure within an established, affordable neighborhood. Its assessed value is notably above average for the local area, reflecting its relative newness. However, the lot is compact at 2,322 sqft, meaning minimal exterior upkeep but limited private outdoor space. This property would suit first-time buyers or practical investors seeking a turnkey, modern home without the premium of a brand-new subdivision, or those who prioritize a newer building envelope over square footage. It’s a pragmatic choice for someone looking to avoid the hidden costs and surprises often found in century-old homes, while accepting a smaller footprint.
Section 2: Frequently Asked Questions
1. Is the low assessed value a concern?
No, it reflects Winnipeg’s assessment system, where value is relative. This home’s assessment is actually above average for its street and neighborhood, indicating it’s valued higher than most nearby properties due to its new construction.
2. What does "basement not renovated" mean?
It indicates the lower level is unfinished or in a basic state. This is common in newer bi-levels and can be a positive, allowing the buyer to finish it to their own specifications and potentially add value.
3. How does the small lot size impact living here?
The compact lot means very little yard maintenance, which is a benefit for those seeking a low-maintenance property. The trade-off is limited private outdoor space for gardening or recreation.
4. The home sold for between $19.5k-$22.5k in 2016. Is that accurate?
Yes, that is the public data range for its last sale. For the precise sale price, you can request it via email from the site; this is a common practice to ensure data accuracy before it's publicly posted.
5. Why compare this home to ones built in the 1910s?
The comparisons show what is typical in the immediate area. They highlight this property’s key differentiator: its 2015 build year stands out dramatically, offering a fundamentally different ownership experience regarding upkeep and systems compared to the neighborhood's predominantly century-old housing stock.
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