Property score
51.1
Fair
Overall 51.1 · Newer than most nearby homes
874 sqft (bottom 46%) · Built in 2010 (66 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: 9 dining spots, 2 schools, 1 healthcare facility, and 4 shops nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Above average
66 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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51.1 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
401 Kensington Street — 27 amenities found within 500 m, across 7 categories, including 9 dining (nearest 339 m), 2 education (nearest 297 m), 1 healthcare (nearest 449 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 21% | Top 13% | Bottom 39% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 43% | 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: 401 Kensington Street, Winnipeg
Key Characteristics & Appeal
This is a compact, modern one-storey home built in 2010, offering a low-maintenance lifestyle. With 874 sqft of living space and a renovated basement, it provides efficient and updated living quarters. Its standout feature is its exceptionally low property tax burden, as indicated by an assessed value significantly below area averages ($31,100 vs. a local average of ~$230,000). This creates a rare value proposition: a relatively new home with very predictable and manageable annual costs.
The appeal lies in this financial efficiency paired with a modern build. It suits first-time buyers seeking an affordable entry into the market without the worries of an older home, or downsizers looking to simplify their living arrangements and lock in low property taxes. A less obvious perspective is its potential appeal to an investor or buyer who prioritizes cash flow and cost certainty over square footage, as the low taxes improve long-term holding affordability. It’s important to note the lot is smaller than most in the area, which translates to less yard upkeep but also less private outdoor space.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
While the exact municipal assessment formula isn't public, it consistently values this property far below others on the same street. This results in substantially lower property taxes, which is a key financial advantage for the owner.
2. Is the house unusually small?
At 874 sqft, it is slightly below the city-wide average but is typical for the immediate Kensington area. It represents a more compact, efficient use of space rather than an outlier.
3. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or agent to understand if it’s a finished living space, a recreational room, or simply updated utilities.
4. How does the lack of a garage affect parking?
The property has no garage. Buyers should investigate on-street parking permits, restrictions on Kensington Street, and the practical availability of parking space, especially during Winnipeg winters.
5. The sold price history shows a range. What did it actually sell for?
The public data provides an estimated range. To obtain the exact sale price from 2021 or 2017, you must request it directly from SaveOnHouse via the email button provided in the listing details.
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