Property score
54.9
Fair
Overall 54.9 · Larger and newer than most nearby homes
1,037 sqft (top 26%) · Built in 1945 (1 yr newer than avg)
Located in a above-average income area with median household income of ~74.5k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 22 dining spots, 2 healthcare facilitys, 3 shops, and 5 parks nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Above average
1 yrs newer 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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54.9 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
324 Madison Street — 38 amenities found within 500 m, across 6 categories, including 22 dining (nearest 110 m), 2 healthcare (nearest 218 m), 3 shopping (nearest 195 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 | Top 19% | Top 30% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 324 Madison Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1945, presents a classic Winnipeg character home opportunity in the Kensington neighbourhood. Its key appeal lies in a combination of established community charm and practical metrics. With 1,037 sqft of living space, it sits above the average for both its immediate street and the Kensington area, offering a comfortably sized footprint. The nearly 4,800 sqft lot is a significant asset, providing ample outdoor space that is well above local averages, a rarity for inner-city neighbourhoods.
The home’s assessed value positions it as an accessible entry point into the market, especially within its immediate context. It suits first-time buyers looking for a character home with room to grow, or value-focused investors attracted to the lot size and neighbourhood stability. A thoughtful perspective for potential buyers is the home’s relative age: while it is older than most city-wide, it is actually newer than many on its street and in Kensington, suggesting it may be among the more updated post-war builds in the area. The recent sale in 2024 indicates a fresh assessment of its market value.
Frequently Asked Questions
1. How does the home’s value compare to the wider Winnipeg market?
While the assessed value is above average for Madison Street and Kensington, it is below the city-wide average. This highlights its affordability within a desirable, established neighbourhood compared to newer or larger suburban homes.
2. Is the lot size typical for the area?
No, the land area of 4,771 sqft is notably larger than the averages for both Madison Street and the Kensington area, offering more private outdoor space than many neighbouring properties.
3. What does the recent sale history tell us?
The property sold in August 2024. This recent transaction provides a clear, current benchmark for its market price, which can be more relevant than the assessed value for understanding today’s value.
4. Is a home from 1945 a concern?
The year built, 1945, is typical for the neighbourhood’s character. It’s important to note that it is actually newer than many comparable homes on the street, but a thorough inspection is always recommended to understand the condition of major systems and the roof.
5. How can I find out the exact price it sold for?
The exact sold price is not publicly listed in this summary. You can request the precise figure by email via the provided form on the listing page; the service commits to providing the accurate figure without using your email for marketing.
