383 Kensington Street

Kensington, Winnipeg

Property score

43.6

Below average

Overall 43.6 · Smaller but newer than most nearby homes

750 sqft (bottom 27%) · Built in 1954 (10 yrs newer than avg)

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

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 7 dining spots, 1 school, 2 healthcare facilitys, and 4 shops nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Above average

10 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

43.6 is composed by the two sections below.

Property Score

29.4Low
Living Area22
750 sqftLow
Year Built36
1954Low
Lot Size46
3,995 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

below average
750 sqft
0255075100
Same streetBottom 28%Same areaBottom 27%CitywideBottom 6%
Same street · Kensington Street
#50 / 69
Bottom 28% · Avg 875 sqft
Same area · Kensington
#93 / 127
Bottom 27% · Avg 914 sqft
Citywide · Winnipeg
#182,131 / 194,458
Bottom 6% · Avg 1,342 sqft

Tax-Assessed Value

around average
189k
0255075100
Same streetBottom 32%Same areaBottom 31%CitywideBottom 7%
Same street · Kensington Street
#47 / 69
Bottom 32% · Avg 229.8k
Same area · Kensington
#87 / 127
Bottom 31% · Avg 222.4k
Citywide · Winnipeg
#181,236 / 194,458
Bottom 7% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 30%Same areaTop 17%CitywideBottom 33%

Lot Size

around average
3,995 sqft
0255075100
Same streetTop 36%Same areaBottom 43%CitywideBottom 25%

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

383 Kensington Street — 26 amenities found within 500 m, across 7 categories, including 7 dining (nearest 274 m), 1 education (nearest 362 m), 2 healthcare (nearest 384 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare2
🛒Shopping4
🌳Parks6
🏦Finance2
Fuel Stations4

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 6/2019CA$150k–200k
Sold price

Same street

Bottom 18%

Same area

Bottom 28%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 383 Kensington Street, Winnipeg

Property Overview

383 Kensington Street presents a modest, one-storey home in Winnipeg's Kensington neighbourhood. Its key appeal lies in its position as an affordable entry point into the market, offering a functional layout on a decent-sized lot. The 750 sqft living area is compact, ranking below average for the city but typical for the immediate street. Notably, the home was built in 1954, making it newer than many of its neighbours, and sits on a nearly 4,000 sqft lot. The property features a detached garage and an unrenovated basement, indicating potential for future updates. Its assessed value is significantly below the Winnipeg average, reflecting its scale and condition.

This home would best suit first-time buyers or practical investors seeking a low-cost footprint with established neighbourhood character. It’s a property where value is derived more from the land and location than from the current structure, appealing to those comfortable with a home that may require gradual improvements or who prioritize mortgage affordability over move-in-ready finishes.


Frequently Asked Questions

1. Is this a "fixer-upper"?
The listing notes an unrenovated basement, suggesting the home is likely dated overall. It should be considered a candidate for updates, appealing to buyers with renovation plans or a tolerance for older finishes.

2. How does the assessed value relate to the likely selling price?
The assessed value is a municipal figure for tax purposes and is notably low. The last recorded sale was between $145k-$175k in 2019. The selling price will be determined by the current market, but the low assessment highlights the home's modest scale relative to city averages.

3. What are the advantages of a home newer than others on the street?
Built in 1954, it's younger than many neighbouring homes. This could mean somewhat newer core components (like wiring or plumbing) compared to pre-war houses, potentially reducing immediate concerns about very aged infrastructure.

4. The living space seems small. Is the lot size a compensating factor?
Yes. At nearly 4,000 sqft, the lot is a solid size for the area. This offers valuable outdoor space and future potential, such as gardening, expansion, or adding a patio, which isn't always available with compact homes.

5. Why is the sold price history shown as a range?
The provided sale data is estimated from public records. To obtain the exact historical sale price, you must request it directly from the site via email, as noted in their disclaimer.