347 Kensington Street

Kensington, Winnipeg

Property score

45.5

Below average

Overall 45.5 · Smaller but newer than most nearby homes

760 sqft (bottom 28%) · Built in 1981 (37 yrs newer than avg)

Located in a above-average income area with median household income of ~74.5k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 16 dining spots, 2 healthcare facilitys, 3 shops, and 5 parks nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Above average

37 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 13%

Past 10 years Kensington sales snapshot (~80% of all data)

Sold Count

54

Median price

250.3k

$/sqft

$267/sqft

Avg build year

1944

Need help understanding this property?

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

Property score

45.5 is composed by the two sections below.

Property Score

32.6Low
Living Area22
760 sqftLow
Year Built73
1981Good
Lot Size18
2,497 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

64.8Fair
Household Income74
Good
Education Level34
Low
Housing Stress74
Good
Core Housing Need76
Good
Employment Health60
Fair

Neighbourhood Sales

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.

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: #46110246

Community deep dive

$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

Population, labour & age

Population (2021)590
Labour force participation rate68%
Median age34.0
Avg household size2.6
Unemployment rate13%
Population density2681 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households28%
Couple families with children21%
Median household income (2020)$75K

Housing

Renter households24%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority35%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 12%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
760 sqft
0255075100
Same streetBottom 30%Same areaBottom 28%CitywideBottom 7%
Same street · Kensington Street
#48 / 69
Bottom 30% · Avg 875 sqft
Same area · Kensington
#91 / 127
Bottom 28% · Avg 914 sqft
Citywide · Winnipeg
#181,130 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
254k
0255075100
Same streetTop 41%Same areaTop 28%CitywideBottom 18%
Same street · Kensington Street
#28 / 69
Top 41% · Avg 229.8k
Same area · Kensington
#36 / 127
Top 28% · Avg 222.4k
Citywide · Winnipeg
#159,292 / 194,458
Bottom 18% · Avg 390.1k

Year Built

above average
1981
0255075100
Same streetTop 22%Same areaTop 13%CitywideTop 33%

Lot Size

below average
2,497 sqft
0255075100
Same streetBottom 25%Same areaBottom 13%CitywideBottom 4%

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

347 Kensington Street — 31 amenities found within 500 m, across 6 categories, including 16 dining (nearest 138 m), 2 healthcare (nearest 249 m), 3 shopping (nearest 206 m).

Search radius
🍽️Dining16
🏥Healthcare2
🛒Shopping3
🌳Parks5
🏦Finance2
Fuel Stations3

Crime & Safety

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%

Sales History

Sold 10/2017CA$200k–250k
Sold price

Same street

Top 50%

Same area

Top 37%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 347 Kensington Street, Winnipeg

Property Overview

This 760 sqft bi-level home at 347 Kensington Street presents a compact and efficient living space. Its key appeal lies in its relative modernity within the neighborhood, being built in 1981, which is newer than most homes on the street and in the wider Kensington area. The home features a renovated basement, adding functional living space. With an assessed value that is above average for Kensington, it sits in an interesting position: it's a more contemporary property on a street and in a zone generally characterized by older homes, yet it occupies a smaller lot. This combination suggests a property that offers updated living conditions with lower maintenance relative to much older homes, but without the expansive outdoor space found elsewhere.

It would suit first-time buyers or downsizers looking for an affordable entry into the Kensington area who prioritize a move-in ready condition and modern building systems over square footage or large yard space. It's a practical choice for those who want a cozy, low-maintenance home in a central location.


Frequently Asked Questions

1. How does the home's size compare to others?
At 760 sqft of living area, the home is below the average size for both the Kensington neighborhood and Winnipeg overall. It's a compact bi-level, ideal for efficient living.

2. Is the assessed value a good indicator of the selling price?
The assessed value is $25,400, which is above average for Kensington. However, market conditions and the home's specific features will ultimately determine the sale price. Historical data shows a sale in the $215,000-$245,000 range in late 2017.

3. What are the less obvious pros and cons of the lot size?
The lot is 2,497 sqft, which is smaller than most in the city. The benefit is significantly less yard maintenance. The trade-off is limited space for gardening, expansion, or outdoor recreation.

4. What does the 1981 build year mean for a buyer?
Built in 1981, this home is notably newer than many in the immediate area. This often translates to more modern wiring, plumbing, insulation, and building materials, potentially reducing immediate repair costs compared to a century-old home.

5. Who might this property not suit?
It may not suit buyers needing multiple bedrooms, dedicated home office space, or those who desire a large private garden. Families looking for extensive indoor and outdoor space for growing children might find it too compact.