726 Cathedral Avenue

Inkster-Faraday, Winnipeg

Property score

46.6

Below average

Overall 46.6 · Smaller but newer than most nearby homes

672 sqft (bottom 10%) · 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, 5 parks, and 3 place of worships nearby

Living Area

Below average

34% smaller 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)

Sold Count

538

Median price

247.5k

$/sqft

$193/sqft

Avg build year

1930

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Property score

46.6 is composed by the two sections below.

Property Score

27.1Low
Living Area672 sqft15Low
Year Built194630Low
Lot Size5,057 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

75.9Good
Household Income77Good
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110924

Community deep dive

$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

Population, labour & age

Population (2021)600
Labour force participation rate77%
Median age38.8
Avg household size2.7
Unemployment rate11%
Population density4615 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households26%
Couple families with children28%
Median household income (2020)$81K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)39%
Visible minority42%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 57%
Mother tongue (2nd)Tagalog · 25%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
672 sqft
0255075100
Same streetBottom 4%Same areaBottom 10%CitywideBottom 2%
Same street · Cathedral Avenue
#481 / 499
Bottom 4% · Avg 1,212 sqft
Same area · Inkster-Faraday
#1,304 / 1,442
Bottom 10% · Avg 1,025 sqft
Citywide · Winnipeg
#189,625 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
203k
0255075100
Same streetBottom 33%Same areaTop 46%CitywideBottom 9%
Same street · Cathedral Avenue
#332 / 499
Bottom 33% · Avg 244k
Same area · Inkster-Faraday
#659 / 1,442
Top 46% · Avg 197.6k
Citywide · Winnipeg
#177,659 / 194,458
Bottom 9% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetTop 30%Same areaTop 13%CitywideBottom 23%

Lot Size

above average
5,057 sqft
0255075100
Same streetTop 32%Same areaTop 11%CitywideBottom 47%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

726 Cathedral Avenue — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 491 m), 5 parks (nearest 320 m).

Search radius
🏫Education1
🌳Parks5
Worship3

Crime & Safety

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%

Sales History

Sold 6/2024CA$200k–250k
Sold price

Same street

Bottom 36%

Same area

Top 46%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 726 Cathedral Avenue, Winnipeg

Property Overview: 726 Cathedral Avenue, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home on a generous lot in the Inkster-Faraday neighbourhood. Built in 1946, it is notably newer than many surrounding homes. With 672 sqft of living space, it is a smaller home, ranking well below average in size for the area and city. However, its assessed value is aligned with the local street average, and it sits on a larger-than-average lot for the neighbourhood at over 5,000 sqft. The home features a renovated basement and a detached garage.

Its primary appeal lies in its efficiency and land value. It represents a very affordable entry point into the Winnipeg market, suited for a minimalist lifestyle or as a strategic investment property. The sizable lot offers potential for expansion, gardening, or future development, subject to zoning. It would best suit a first-time buyer comfortable with a smaller footprint, an investor looking for a rental property with a low entry cost, or a buyer who values land size over the current size of the dwelling. A less obvious perspective is that its "below average" square footage and "around average" assessed value for the street suggest the value is primarily in the land and location, not the structure itself.

Frequently Asked Questions

1. Why is the living area so much smaller than area averages?
This is a compact, one-storey bungalow from the post-war era. Its size reflects efficient, modest housing of its time and is a key factor in its affordability.

2. What does the sold price history indicate?
The home sold in June 2024 for an estimated range of $18.5k to $21.5k, which is consistent with its current assessed value. This suggests a stable, low-value property in the context of the local market.

3. Who would this property not be suitable for?
It would likely not suit a family needing multiple bedrooms or significant indoor space, or anyone seeking a modern, turn-key home without renovation projects. The small main floor area requires efficient use of space.

4. What is the significance of the lot size?
At over 5,000 sqft, the lot is larger than most in the Inkster-Faraday area. This is a standout feature that provides outdoor space and may offer future potential, making it more valuable than the structure alone.

5. How can I find out the exact sold price?
The exact sold price is not publicly displayed in detail here. You can request it by email via the button on the property page; the service provides the accurate figure manually without using your email for unsolicited marketing.

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