Property score
45.8
Below average
Overall 45.8 · Compared with neighbourhood average
912 sqft (top 49%) · Built in 1918 (26 yrs older than avg)
Located in a above-average income area with median household income of ~74.5k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 23 dining spots, 4 healthcare facilitys, 3 shops, and 5 parks nearby
Living Area
Near average
0% smaller than neighborhood avg.
Year Built
Below average
26 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 13%
Past 10 years Kensington sales snapshot (~80% of all data)
54
250.3k
$267/sqft
1944
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45.8 is composed by the two sections below.
Property Score
Community Score
Kensington
How to read: Share of sales in each ~$50k price band for “kensington” (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: #46110246
$75K
Median household income
$85K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
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
313 Kensington Street — 42 amenities found within 500 m, across 7 categories, including 23 dining (nearest 42 m), 4 healthcare (nearest 134 m), 3 shopping (nearest 202 m).
Kensington · WPS public data · 2026
Annual incidents
6
2026
vs. city avg
-80%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
83%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 2% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 313 Kensington Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-and-a-half storey home built in 1918, offering 912 square feet of living space on a 2,498 sqft lot in the Kensington neighborhood. Its most defining characteristic is its exceptionally low municipal assessed value, which places it in the bottom 3% of homes both locally and citywide. This indicates a property with significant renovation needs or unique circumstances. The home has a basement (not renovated) and no garage or pool.
The primary appeal lies in its potential as an entry point into the Winnipeg market, likely appealing to investors, contractors, or very hands-on buyers looking for a foundational project. Its lot size is manageable for the area, and the home itself is not the smallest on the street, suggesting a workable canvas. This property suits a specific buyer: one who is less concerned with move-in readiness and more focused on underlying value, land potential, or the opportunity to build substantial equity through sweat equity or a complete overhaul. A less obvious perspective is that its low tax assessment could be a temporary financial advantage for a buyer planning a hold-and-renovate strategy.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on the property's current state. A value this far below area averages strongly suggests the home requires major repairs, updates, or possibly has other factors affecting its valuation, making a thorough inspection and review of assessment details essential.
2. What does "basement, not renovated" typically imply?
It confirms the basement exists but is in original or unfinished condition. Buyers should anticipate foundational systems (like plumbing, electrical, or insulation) that may need upgrading and should budget for potential moisture control or waterproofing.
3. Who would this property be most suitable for?
It is best suited for investors, flippers, or owner-occupants with renovation experience and capital. It is not ideal for first-time buyers seeking a turnkey home or anyone unable to manage a significant project.
4. How does the lot size compare, and what does that mean for potential?
The lot is below the city average but closer to the local street average. It provides reasonable outdoor space for a home of this era in Kensington but may limit possibilities for large additions. Any expansion plans would require careful review of zoning bylaws.
5. The last sold price range (2017) is also very low. What does this history indicate?
The historical sale price aligns with the low current assessment, reinforcing that the property has been in a below-average condition for some time. It highlights a long-term value trajectory that a new owner would be aiming to change through investment.
