728 Cathedral Avenue

Inkster-Faraday, Winnipeg

Property score

62.8

Fair

Overall 62.8 · Newer than most nearby homes

1,138 sqft (top 35%) · Built in 1945 (15 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

Near average

11% larger than neighborhood avg.

Year Built

Above average

15 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

62.8 is composed by the two sections below.

Property Score

54.1Fair
Living Area1,138 sqft60Fair
Year Built194530Low
Lot Size5,040 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

around average
1,138 sqft
0255075100
Same streetTop 48%Same areaTop 35%CitywideBottom 44%
Same street · Cathedral Avenue
#239 / 499
Top 48% · Avg 1,212 sqft
Same area · Inkster-Faraday
#500 / 1,442
Top 35% · Avg 1,025 sqft
Citywide · Winnipeg
#109,715 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

Elite
284k
0255075100
Same streetTop 28%Same areaTop 5%CitywideBottom 25%
Same street · Cathedral Avenue
#142 / 499
Top 28% · Avg 244k
Same area · Inkster-Faraday
#72 / 1,442
Top 5% · Avg 197.6k
Citywide · Winnipeg
#145,753 / 194,458
Bottom 25% · Avg 390.1k

Year Built

above average
1945
0255075100
Same streetTop 32%Same areaTop 19%CitywideBottom 22%

Lot Size

above average
5,040 sqft
0255075100
Same streetTop 33%Same areaTop 11%CitywideBottom 46%

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

728 Cathedral Avenue — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 495 m), 5 parks (nearest 309 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 9/2023CA$300k–350k
Sold price

Same street

Top 8%

Same area

Top 2%

City-wide

Bottom 47%
Sold 4/2023CA$200k–250k
Sold price

Same street

Top 41%

Same area

Top 20%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 728 Cathedral Avenue, Winnipeg

Property Overview: 728 Cathedral Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in Inkster-Faraday is a practical property that stands out for its value within its immediate area. Built in 1945, it offers 1,138 sqft of living space and sits on a 5,040 sqft lot. The home features a renovated basement and a detached garage.

Its primary appeal lies in its strong positioning within the local neighbourhood context. While its size and age are average city-wide, it ranks highly within Inkster-Faraday itself—particularly for its assessed value (in the top 5% of the area) and land area (top 11%). This suggests it is a well-regarded property on its street and in its community compared to direct neighbours. The renovated basement adds modern, functional space.

This home would suit a value-conscious buyer looking for a solid entry into a mature neighbourhood, or an investor seeking a property with proven stability and appeal in its local market. It’s for someone who prioritizes community standing over city-wide comparisons, appreciating that a home's value is often most relevant to its immediate surroundings.

Section 2: Frequently Asked Questions

1. How does this home’s value compare locally?
The assessed value of $28,400 places it in the elite top 5% for the Inkster-Faraday neighbourhood, meaning it is valued significantly higher than most comparable homes in the immediate area.

2. What is the condition of the basement?
The listing specifies the basement has been renovated, indicating it is finished and updated for functional use.

3. Is the lot size typical?
At just over 5,000 sqft, the lot is above average for Inkster-Faraday (top 11%), offering more outdoor space than many neighbouring properties.

4. How recent are the sales, and what do they indicate?
The property sold twice in 2023. The sale prices show a notable increase from April to September of that year, reflecting a quick appreciation in a short timeframe, which may indicate strong market interest or updates made to the property.

5. What is the neighbourhood like for similar homes?
On Cathedral Avenue, this home’s living area is close to the street average. However, its assessed value is well above the street average, suggesting it may have features, condition, or desirability that set it apart from others of similar size on the same block.

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