Property score
54.2
Fair
Overall 54.2 · 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 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 11 dining spots, 1 school, 2 healthcare facilitys, and 5 shops 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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54.2 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
379 Madison Street — 29 amenities found within 500 m, across 7 categories, including 11 dining (nearest 314 m), 1 education (nearest 321 m), 2 healthcare (nearest 411 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 35% | Bottom 26% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This one-and-a-half storey home on Madison Street in Winnipeg's Kensington neighbourhood presents a straightforward, grounded opportunity. Built in 1945, it's notably older than many city homes, yet its assessed value is modest, especially when compared to the wider Winnipeg market. With just over 1,000 square feet of living space and a detached garage on a standard city lot, it offers the essential components of homeownership without excess.
Its primary appeal lies in its affordability and its position in a stable, established community. The data suggests it's a home that doesn't stand out dramatically within its immediate area—it's consistently around the average for the street and Kensington in terms of size, lot, and value. This makes it a predictable and potentially lower-pressure entry point into the market. It would suit a first-time buyer, an investor looking for a rental property, or someone seeking a modest, no-frills home who values character and location over modern square footage. A thoughtful perspective is that its older vintage (pre-1950) might appeal to those interested in the architectural character of that era, though it likely implies a need for ongoing maintenance and updates.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
This is common for older, more modest homes in established neighbourhoods compared to newer or larger homes in expanding suburban areas. The assessed value reflects the property's market value for taxation purposes within its specific local context.
2. What does "one-and-a-half storey" mean for this home?
Typically, this style features a main floor with living areas and a second floor under sloping roof lines, often containing bedrooms. It can mean cozy, character-filled spaces but sometimes with less full-height ceiling space on the upper level compared to a full two-storey.
3. The home sold in 2019 for a relatively low price. What does that indicate?
The prior sale price aligns with the home's low assessed value and suggests it has been an affordable property for some time. It's important to obtain the exact sale details and have a current inspection to understand the home's condition, as the price may reflect its vintage and potential need for updates.
4. How does the lot size compare?
At just under 4,500 square feet, the lot is fairly typical for the Kensington area. It offers a standard outdoor space for a city home—sufficient for a garden and patio but not an unusually large yard.
5. Is the detached garage a significant advantage?
Yes, especially in an older neighbourhood where many homes may only have a carport or on-street parking. A detached garage provides secure storage and parking, a practical asset that adds tangible utility and value.
