729 College Avenue

Inkster-Faraday, Winnipeg

Property score

59.6

Fair

Overall 59.6 · Larger than most nearby homes

1,670 sqft (top 3%) · 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, 2 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Above average

63% 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

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Property score

59.6 is composed by the two sections below.

Property Score

62.0Fair
Living Area1,670 sqft83Excellent
Year Built191316Low
Lot Size3,622 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

Elite
1,670 sqft
0255075100
Same streetTop 9%Same areaTop 3%CitywideTop 22%
Same street · College Avenue
#39 / 441
Top 9% · Avg 1,134 sqft
Same area · Inkster-Faraday
#47 / 1,442
Top 3% · Avg 1,025 sqft
Citywide · Winnipeg
#43,038 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
227k
0255075100
Same streetTop 22%Same areaTop 28%CitywideBottom 13%
Same street · College Avenue
#96 / 441
Top 22% · Avg 185.9k
Same area · Inkster-Faraday
#397 / 1,442
Top 28% · Avg 197.6k
Citywide · Winnipeg
#170,146 / 194,458
Bottom 13% · Avg 390.1k

Year Built

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

Lot Size

around average
3,622 sqft
0255075100
Same streetBottom 49%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

729 College Avenue — 13 amenities found within 500 m, across 8 categories, including 1 dining (nearest 264 m), 2 education (nearest 128 m), 2 healthcare (nearest 340 m).

Search radius
🍽️Dining1
🏫Education2
🏥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 8/2019CA$200k–250k
Sold price

Same street

Top 26%

Same area

Top 36%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 729 College Avenue, Winnipeg

Property Overview: 729 College Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This two-and-a-half storey home, built in 1913, presents a compelling mix of historic character and practical space. Its primary appeal lies in its generous 1,670 sqft living area, which ranks in the top 9% of homes on its street and the top 3% within the Inkster-Faraday neighbourhood. This suggests a home with ample room for a growing family or those who value spacious interiors over a large yard. The property features a renovated basement, adding functional living or storage space.

The home’s assessed value is notably modest compared to the Winnipeg city-wide average, positioning it as an accessible entry point into homeownership. Its value and size are significantly above average for its immediate area, offering more house for the dollar within a established community. This property would suit first-time buyers or practical investors seeking character and space without a premium price tag. It also appeals to those who prefer a neighbourhood home's proportions and heritage, built in an era of solid craftsmanship, over a newer build on a suburban lot. The trade-off is a land size that is average for the area but smaller than the city norm, prioritizing interior space over extensive outdoor grounds.

Section 2: Frequently Asked Questions

1. What does the assessed value tell me about the likely selling price?
The assessed value for tax purposes is $22,700, which is a fraction of the city-wide average home assessment. This typically indicates a very affordable price point, but the final sale price is determined by the market. Historical data shows a sale in 2019 between $19.5k and $22.5k.

2. How does the living space compare to nearby homes?
This home is notably larger than most in the vicinity. It has about 500 more sqft than the average comparable home on College Avenue and over 600 more sqft than the Inkster-Faraday neighbourhood average.

3. What are the implications of the home’s age (1913)?
While offering classic architecture and sturdy construction, a 113-year-old home requires diligent maintenance. Prospective buyers should prioritize a thorough inspection to understand the condition of major systems like wiring, plumbing, and the foundation, which may have been updated over time.

4. Is there a garage or parking?
The listing specifies there is no garage. Buyers should verify on-street parking regulations or the potential to create a dedicated parking spot on the property.

5. The home ranks highly in the neighbourhood but lower city-wide. What does this mean?
This highlights the property’s standout qualities within its local context. You are getting a top-tier home for the Inkster-Faraday area in terms of size and value, which is a different proposition than a similarly priced property in a different Winnipeg neighbourhood. It underscores the importance of evaluating a home against its immediate comparables.

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