Property score
45.3
Below average
Overall 45.3 · Newer than most nearby homes
832 sqft (bottom 32%) · Built in 1947 (17 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: 6 parks, and 2 place of worships nearby
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Above average
17 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
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45.3 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
728 Atlantic Avenue — 8 amenities found within 500 m, across 2 categories, including 6 parks (nearest 182 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 33% | Top 22% | Bottom 19% |
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 at 728 Atlantic Avenue in Winnipeg's Inkster-Faraday neighbourhood presents a practical, no-frills homeownership opportunity. Built in 1947, it features 832 square feet of living space, a renovated basement, and a detached garage on a standard 3,677 sqft lot. Its appeal lies in its straightforward functionality and relative affordability within the city. The home suits first-time buyers seeking an entry point into the market, practical investors looking for a manageable rental property, or downsizers who value a compact, single-level living space (main floor) without the upkeep of a larger property. A less obvious perspective is its appeal to those interested in "value-add" projects; while the basement is renovated, the main living area's smaller size and vintage offer a clear canvas for modernization tailored to the owner's taste, potentially increasing both livability and value over time.
Key Details & FAQs
Frequently Asked Questions
1. Is this a small house?
Yes, at 832 square feet, the living area is below the Winnipeg city average. This makes it a compact home, likely with one or two bedrooms, ideal for individuals, couples, or small families.
2. What does "renovated basement" typically mean for a home of this age?
While specifics aren't listed, in a 1947 home this often means foundational updates have been made, such as moisture control, insulation, electrical, and finishing. It adds functional living or utility space but may retain the home's original character upstairs.
3. The assessed value seems low. What does that indicate?
The municipal assessed value ( $21,800 ) is for taxation purposes and is not the market price. It reflects the city's valuation formula. The actual market value is influenced by current conditions, the home's interior condition, and recent sales of similar properties.
4. Who would this neighbourhood suit?
Inkster-Faraday is a mature, established neighbourhood. It suits buyers looking for a central Winnipeg location without the premium price of trendier areas, and who appreciate the character and practicality of a long-standing community.
5. The home is older. What should I consider?
Built in 1947, expect classic construction charm but also potential for older plumbing, wiring, and windows. The "newer than average for the area" status is a positive, but a thorough inspection is essential to understand the condition of major systems and the structure.
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