56.6
Fair
Property score
56.6
Fair
Overall 56.6
Compared with neighbourhood average
989 sqft (top 37%)
Built in 1955 (2 yrs newer than avg)
Located in a above-average income area
with median household income of ~75.5k
Transit 74.0
5-min walk to transit with 2 nearby routes
Within 500m: 3 schools, 3 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 69%Tagalog · 9%
Past 10 years East Elmwood sales snapshot (~80% of all data)
460
277.7k
$225/sqft
1953
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56.6 is composed by the two sections below.
Property Score
Community Score
East Elmwood
How to read: Share of sales in each ~$50k price band for “east elmwood” (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: #46110799
$76K
Median household income
$77K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.2
P90 / P10 ratio
28%
Single-person households
21%
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
394 Kent Road — 7 amenities found within 500 m, across 3 categories, including 3 education (nearest 161 m), 3 parks (nearest 241 m).
East Elmwood · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
63%
394 Kent Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 394 Kent Road, East Elmwood
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1955, presents a practical opportunity in Winnipeg's East Elmwood neighbourhood. Its primary appeal lies in its generous 6,001 sqft lot, which ranks in the top 5% of the area, offering significant outdoor space and potential for expansion or gardening that is rare for the locale. With 989 sqft of living space, the house itself is modest and sits around the neighbourhood average for size and assessed value. It features a detached garage and no basement.
The property suits first-time buyers or practical investors looking for a solid entry point into the market with a standout lot size. Its value proposition is grounded more in the land than the structure, appealing to those with a vision for outdoor living, future additions, or who simply prioritize space and privacy over a modern, turn-key home. It’s a property where the long-term potential may outweigh its current condition, ideal for buyers comfortable with a home that reflects its 1955 origins.
Section 2: Frequently Asked Questions
1. Is the property fairly priced compared to the neighbourhood?
Based on the provided data, the home’s assessed value is around the neighbourhood average, suggesting its official valuation is in line with similar East Elmwood properties. The standout lot size, however, could justify a market price above the assessment for the right buyer.
2. What does "no basement" mean for storage and utilities?
The home has no basement, which limits traditional storage and mechanical space. Utilities like the furnace and water heater will be on the main floor, and storage solutions may require creative use of the main living area, the detached garage, or potential shed space on the large lot.
3. How does the lot size compare to nearby homes?
The lot is a key feature. At over 6,000 sqft, it is significantly larger than the East Elmwood average (~4,390 sqft) and ranks in the elite top 5% for the area, offering more privacy and yard space than most immediate neighbours.
4. What might the ranking data mean for future value?
The data shows the living area and year built are average for the area, while the lot is well above average. This suggests that while the house itself may appreciate at a typical rate, the premium lot could drive disproportionate value growth, especially if the neighbourhood sees renewed interest or if the home is later expanded.
5. Are the nearby reference properties a good indicator of value?
The listed nearby properties on Kent Road show a wide range in assessed values for similar-sized homes, from $24.2k to $300k. This indicates that factors beyond basic size and age—such as condition, updates, and specific lot advantages—heavily influence value on this street. A professional inspection and appraisal are essential.
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