Property score
61.6
Fair
Overall 61.6 · Larger and newer than most nearby homes
1,168 sqft (top 30%) · Built in 1946 (16 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, 4 parks, and 3 place of worships nearby
Living Area
Above average
14% larger than neighborhood avg.
Year Built
Above average
16 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
61.6 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 Cathedral Avenue — 8 amenities found within 500 m, across 3 categories, including 1 education (nearest 488 m), 4 parks (nearest 331 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 48% | Top 26% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 722 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Cathedral Avenue in the Inkster-Faraday neighbourhood presents a practical and updated living space. Its key characteristics include 1,168 sqft of living area, a renovated basement, a detached garage, and a 4,290 sqft lot. Built in 1946, it is notably newer than many homes in its immediate area.
The appeal lies in its balance of updates and established neighbourhood character. The renovated basement adds functional living space, a valuable asset in a home of this size. From a data perspective, this property stands out within its own neighbourhood—it ranks above average in Inkster-Faraday for living area, assessed value, year built, and lot size. This suggests it offers stronger fundamentals than many nearby homes. However, its city-wide rankings are more modest, indicating it represents a solid, mid-range value within the broader Winnipeg market.
This home would suit first-time buyers or downsizers looking for a move-in-ready property with modernized essentials in a stable, no-frills neighbourhood. It’s also a sensible choice for value-oriented buyers who prioritize a home that outperforms its immediate local peers on key metrics like space and condition.
Frequently Asked Questions
1. How does this home compare to others on the street and in the area?
The data shows this home is consistently above average for the Inkster-Faraday neighbourhood, particularly in year built and assessed value. On its own street, Cathedral Avenue, it is around average for size and value, but is a newer construction than most.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the listing agent to understand the finish quality, ceiling height, and whether it includes a legal secondary suite or additional bedrooms.
3. The assessed value seems low. What does this mean?
The assessed value of $24,200 is for municipal tax purposes and is not the market value or listing price. It is used to calculate property taxes. The home's market value is determined by recent sales of comparable properties.
4. Can I get the exact historical sale price?
Yes, but not automatically through the public listing. The site provides an estimated sold price range from July 2019 ($21.5k - $24.5k). To obtain the exact sale price from title records, you must request it directly from the provided service, which manually emails the information.
5. What are the less obvious considerations for a home like this?
Consider that while the home is newer than many in the area, it is still 80 years old. Inquiries should focus on the age and condition of major systems (roof, wiring, plumbing) beyond the basement renovation. Also, its strong rankings within the neighbourhood suggest it may hold its value well locally, even if city-wide comparisons are average.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
