44.0
Below average
Property score
44.0
Below average
Overall 44.0
Smaller than most nearby homes
783 sqft (bottom 25%)
Built in 1918 (12 yrs older than avg)
Located in a above-average income area
with median household income of ~81k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 5 parks, and 3 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Near average
12 yrs older 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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44.0 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
722 Bannerman Avenue — 8 amenities found within 500 m, across 2 categories, including 5 parks (nearest 266 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% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 4% | Bottom 10% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home on Bannerman Avenue presents a compact, no-frills homeownership opportunity in Winnipeg's Inkster-Faraday neighbourhood. Built in 1918, its key appeal lies in its renovated basement and a very manageable scale, reflected in its below-average living space of 783 sq ft and a modest lot size. The detached garage adds practical value. Its assessed value is notably lower than the citywide average, positioning it as an accessible entry point into the market. This property would suit first-time buyers, investors looking for a straightforward rental property, or downsizers seeking a low-maintenance footprint without a large renovation project. Its charm is in its simplicity and function, offering the basics in a settled area.
Frequently Asked Questions
1. Is this a small house?
Yes. At 783 sq ft of living area, it is significantly smaller than average for Winnipeg, ranking in the bottom 10% citywide. It's a compact home best suited for individuals, couples, or small families.
2. What does the "renovated basement" mean?
The listing confirms the basement has been renovated, but the specific scope and quality of finishes are not detailed. A professional inspection is recommended to understand the condition and compliance of the work.
3. Why is the assessed value so much lower than the city average?
The assessed value of approximately $21,700 is based on municipal valuation for tax purposes and reflects the home's age, size, and local market conditions in Inkster-Faraday. It is not a market price but indicates a relatively low tax base.
4. How stable has the home's value been?
Based on available sold price ranges, the home sold for between $10.5K-$13.5K in late 2020 and between $17.5K-$20.5K in early 2022. This suggests a period of appreciation, but context on property condition and market trends at those times is essential.
5. What are the less obvious considerations?
Given its age (108 years), potential buyers should budget for ongoing maintenance typical of a century-old home. Also, while the lot is smaller than average, it may offer easier upkeep. The neighbourhood rankings show the home is more typical in size and value for its immediate area than for the wider city.
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