727 College Avenue

Inkster-Faraday, Winnipeg

Property score

55.3

Fair

Overall 55.3 · Larger than most nearby homes

1,380 sqft (top 10%) · Built in 1913 (17 yrs older than avg)

Located in a above-average income area with median household income of ~65k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 3 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Above average

35% larger than neighborhood avg.

Year Built

Below average

17 yrs older than neighborhood avg.

Mother tongue

English · 65%Tagalog · 24%

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

Need help understanding this property?

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

Property score

55.3 is composed by the two sections below.

Property Score

54.8Fair
Living Area1,380 sqft71Good
Year Built191316Low
Lot Size3,623 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

56.1Fair
Household Income68Good
Education Level34Low
Housing Stress63Fair
Core Housing Need38Low
Employment Health52Fair

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: #46110920

Community deep dive

$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

Population, labour & age

Population (2021)541
Labour force participation rate62%
Median age32.0
Avg household size3.2
Unemployment rate16%
Population density6011 / km²

Households & income

Low income (LIM-AT, % pop.)23%
Single-person households21%
Couple families with children30%
Median household income (2020)$65K

Housing

Renter households43%
Condominium dwellings0%
Median dwelling value (owners)$160K

Diversity, education & language

Immigrants (share of pop.)42%
Visible minority46%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Tagalog · 24%

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

Rankings

Living Area

above average
1,380 sqft
0255075100
Same streetTop 21%Same areaTop 10%CitywideTop 37%
Same street · College Avenue
#92 / 441
Top 21% · Avg 1,134 sqft
Same area · Inkster-Faraday
#149 / 1,442
Top 10% · Avg 1,025 sqft
Citywide · Winnipeg
#71,250 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
187k
0255075100
Same streetTop 41%Same areaBottom 43%CitywideBottom 7%
Same street · College Avenue
#180 / 441
Top 41% · Avg 185.9k
Same area · Inkster-Faraday
#816 / 1,442
Bottom 43% · Avg 197.6k
Citywide · Winnipeg
#181,684 / 194,458
Bottom 7% · Avg 390.1k

Year Built

around average
1913
0255075100
Same streetBottom 39%Same areaBottom 33%CitywideBottom 10%

Lot Size

around average
3,623 sqft
0255075100
Same streetTop 50%Same areaTop 47%CitywideBottom 21%

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

727 College Avenue — 14 amenities found within 500 m, across 8 categories, including 1 dining (nearest 271 m), 3 education (nearest 128 m), 2 healthcare (nearest 344 m).

Search radius
🍽️Dining1
🏫Education3
🏥Healthcare2
🛒Shopping2
🌳Parks1
🏦Finance1
Worship3
🏛️Government1

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 6/2022CA$200k–250k
Sold price

Same street

Top 27%

Same area

Top 38%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 727 College Avenue, Winnipeg

Property Summary: 727 College Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home in the Inkster-Faraday neighbourhood presents a practical opportunity with a classic foundation. Its key characteristic is a well-proportioned 1,380 sqft of living space, which is notably above average for both the immediate street and the wider neighbourhood. This offers more room than many comparable local properties. The home sits on a standard city lot and includes a detached garage. Built in 1913, it carries the inherent charm and solid construction of its era, though the basement is noted as unrenovated.

The primary appeal lies in its value proposition as a spacious, established home in a mature community. It suits buyers looking for a genuine character home with room to grow or adapt over time, particularly those with the vision or willingness to undertake updates. A thoughtful perspective is its assessed value, which is consistent with its immediate area but sits well below the citywide average, potentially indicating a more accessible entry point into the Winnipeg market. This property would likely suit a handy first-time buyer, an investor looking for a solid rental property, or someone seeking a affordable larger footprint who is comfortable with a home that has a history and some deferred maintenance.

Frequently Asked Questions

1. What is the exact recent sold price history?
Public records show a sale in June 2022 in the range of $19.50k to $22.50k. For precise historical sale figures, you can request the exact data via email from the listing source.

2. How does the living space compare to other homes?
At 1,380 sqft, the living area is in the top 21% on College Avenue and the top 10% within the Inkster-Faraday neighbourhood, meaning it is significantly more spacious than most direct comparables.

3. What does "basement not renovated" imply?
This indicates the basement remains in a largely original or utilitarian state. Buyers should budget for potential updates and consider a thorough inspection to understand the condition of foundational systems, which is typical for a home of this age.

4. Is the assessed value a reliable indicator of the market price?
The assessed value for municipal taxes is $18.70k, which is average for the area. It's important to note that this is not a market appraisal. The significant gap between this figure and the citywide average assessed value highlights the substantial variation in property values across different Winnipeg neighbourhoods.

5. What are the comparable properties nearby?
Similar homes on the same street (e.g., 714, 644 Mountain Ave, 785 Boyd Ave) are of similar vintage (1912-1913) and assessed value, though this specific listing often has a larger living area. This consistency suggests a stable, established streetscape.

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.