Property score
40.5
Below average
Overall 40.5 · Smaller but newer than most nearby homes
600 sqft (bottom 4%) · Built in 1945 (15 yrs newer than avg)
Located in a above-average income area with median household income of ~80k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 5 parks, and 3 place of worships nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Above average
15 yrs newer than neighborhood avg.
Mother tongue
English · 62%Tagalog · 26%
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
40.5 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: #46110926
$80K
Median household income
$85K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
29%
Single-person households
31%
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
725 Bannerman Avenue — 8 amenities found within 500 m, across 2 categories, including 5 parks (nearest 213 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 22% | Bottom 35% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 725 Bannerman Avenue
Section 1: Key Characteristics & Appeal
This one-storey home on a standard city lot presents a straightforward, low-maintenance living option. Its key characteristic is its modest scale, with a living area significantly smaller than most comparable homes in the neighborhood, city, and even on its own street. This is reflected in its well-below-average assessed value. The lot size is generous for the area, offering above-average outdoor space relative to nearby properties.
The appeal lies in its affordability and simplicity. It represents one of the most accessible entry points into homeownership in Winnipeg, with very low property taxes due to its assessment. It suits practical, budget-conscious buyers such as first-time purchasers seeking a foothold, investors looking for a basic rental property, or individuals wanting a minimal footprint without the upkeep of a larger house. A less obvious perspective is its potential for someone who values a larger yard over interior space, seeing the land itself as the primary asset for gardening, pets, or future expansion, rather than the existing structure.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based primarily on the home's very small size (600 sqft) and basic characteristics compared to the broader market, resulting in one of the lowest valuations in the city.
2. What does the "ranking" data mean for living area?
The rankings show this home's living area is in the bottom 2% compared to similar properties on Bannerman Avenue, bottom 4% in the Inkster-Faraday area, and bottom 1% city-wide, confirming its compact nature.
3. Is the land size typical for the neighborhood?
Yes. The lot is approximately 4,653 sqft, which is actually above average for the immediate Inkster-Faraday area, meaning you get more yard space than many neighboring properties.
4. How recent is the sold price information?
The last recorded sale was in April 2022, with a public price range between $15.5k and $18.5k. An exact sale price can be requested directly from the site.
5. What is the home's age and condition implication?
Built in 1945, it is newer than many area homes but is still 80+ years old. Buyers should prioritize a thorough inspection to understand the condition of its major systems, roof, and structure.
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.
