57.8
Fair
Property score
57.8
Fair
Overall 57.8
Larger and newer than most nearby homes
1,178 sqft (top 13%)
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: 21 dining spots, 2 healthcare facilitys, 3 shops, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
29% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
57.8 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
328 Madison Street — 36 amenities found within 500 m, across 6 categories, including 21 dining (nearest 122 m), 2 healthcare (nearest 230 m), 3 shopping (nearest 185 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 38% | Top 50% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
328 Madison Street is a one-and-a-half storey home in Winnipeg's Kensington neighbourhood, built in 1945. Its appeal lies in offering above-average space and land for its immediate area at a value-oriented price point. With 1,178 sqft of living space and a 4,771 sqft lot, it ranks in the top 20% of homes on Madison Street for both size and lot dimensions. The detached garage adds practical utility. The home’s assessed value is notably lower than the citywide average, which can translate to lower property taxes, a significant ongoing savings.
This property would suit a first-time buyer or value-conscious investor looking for a character home with room to grow on a generous lot in an established community. It’s a practical choice for someone who prioritizes land size and interior space over a modern build, and who sees potential in a home that stands out positively within its own street and neighbourhood context, even if it's more modest by broader city standards.
Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
This is common for older, well-maintained homes in established neighbourhoods. The assessment reflects factors like the home's age (1945) and local market values in Kensington. A lower assessment typically means lower annual property taxes, which is a financial advantage.
2. How does the home’s size compare practically?
At 1,178 sqft, it offers more space than the average home on its street (~960 sqft) and in Kensington (~914 sqft). This suggests a more spacious interior feel than many nearby properties, though it's slightly below the citywide average.
3. What does the "above average" ranking for the year built mean?
Despite being 81 years old, it ranks in the top 7% on its street for year built. This indicates that many houses on Madison Street are even older, making this one of the relatively newer homes on the block—a less obvious point of stability and potentially fewer age-related issues than immediate neighbours.
4. Is the lot size a significant feature?
Yes. The lot is over 4,700 sqft, which is larger than most in Kensington. This offers valuable outdoor space, privacy, and potential for gardening, expansion, or additions, which is a premium in older neighbourhoods.
5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. The listing service provides an option to request the precise sale history via email, which they manually provide without using your contact for marketing.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
