131 Victoria Avenue E

Kern Park, Winnipeg

Property score

34.3

Below average

Overall 34.3 · Smaller and older than most nearby homes

640 sqft (bottom 3%) · Built in 1910 (37 yrs older than avg)

Located in a average-income area with median household income of ~60k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 2 schools, 3 parks, and 1 fuel station nearby

Living Area

Below average

39% smaller than neighborhood avg.

Year Built

Below average

37 yrs older than neighborhood avg.

Mother tongue

English · 79%Tagalog · 6%

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

Sold Count

243

Median price

294.5k

$/sqft

$314/sqft

Avg build year

1947

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

34.3 is composed by the two sections below.

Property Score

17.9Low
Living Area640 sqft15Low
Year Built191010Low
Lot Size2,700 sqft28Low
Neighbourhood Sales Activity53Fair

Community Score

58.8Fair
Household Income64Fair
Education Level44Low
Housing Stress52Fair
Core Housing Need76Good
Employment Health52Fair

Neighbourhood Sales

Kern Park

How to read: Share of sales in each ~$50k price band for “kern park” (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: #46110836

Community deep dive

$60K

Median household income

$68K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

45%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)546
Labour force participation rate62%
Median age39.2
Avg household size2.0
Unemployment rate17%
Population density3900 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households45%
Couple families with children16%
Median household income (2020)$60K

Housing

Renter households56%
Condominium dwellings10%
Median dwelling value (owners)$224K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority17%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

below average
640 sqft
0255075100
Same streetBottom 3%Same areaBottom 3%CitywideBottom 2%
Same street · Victoria Avenue E
#396 / 410
Bottom 3% · Avg 1,381 sqft
Same area · Kern Park
#609 / 629
Bottom 3% · Avg 1,047 sqft
Citywide · Winnipeg
#191,451 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
256k
0255075100
Same streetBottom 24%Same areaBottom 30%CitywideBottom 19%
Same street · Victoria Avenue E
#310 / 410
Bottom 24% · Avg 447.8k
Same area · Kern Park
#443 / 629
Bottom 30% · Avg 288.2k
Citywide · Winnipeg
#158,387 / 194,458
Bottom 19% · Avg 390.1k

Year Built

below average
1910
0255075100
Same streetBottom 1%Same areaBottom 2%CitywideBottom 6%

Lot Size

below average
2,700 sqft
0255075100
Same streetBottom 13%Same areaBottom 8%CitywideBottom 7%

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

131 Victoria Avenue E — 16 amenities found within 500 m, across 5 categories, including 6 dining (nearest 118 m), 2 education (nearest 198 m), 3 parks (nearest 240 m).

Search radius
🍽️Dining6
🏫Education2
🌳Parks3
Fuel Stations1
Worship4

Crime & Safety

Kern Park · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-99%

vs. prior year

Primary type

Violent

100%

Sales History

Sold 8/2023CA$250k–300k
Sold price

Same street

Bottom 42%

Same area

Top 45%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 131 Victoria Avenue E, Winnipeg

Property Overview: 131 Victoria Avenue E, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home in Kern Park, built in 1910. Its key characteristic is its modest scale, with a living area of 640 sqft situated on a 2,700 sqft lot, making it notably smaller than most homes in the area and citywide. The home features a renovated basement and a detached garage.

Its primary appeal lies in its affordability and simplicity. With a historically low assessed value and recent sold prices in the mid-$20k range, it represents a rare entry point into the Winnipeg market. This isn't a property for those seeking space; instead, it suits a very specific buyer. It would be ideal for an extremely budget-conscious first-time buyer willing to live minimally, an investor looking for a straightforward rental property with a low entry cost, or someone seeking a small, manageable footprint without a large mortgage. The renovated basement adds functional space, which is a critical asset in a home of this size. A thoughtful perspective is that such a modest, low-cost property can provide financial freedom and flexibility that a more standard, expensive home cannot, allowing for savings or investment elsewhere.

Section 2: Frequently Asked Questions

1. Is this a "tear-down" property?
While its small size and age may lead some to consider it a candidate for replacement, the presence of a renovated basement suggests it has been maintained as a livable dwelling. Its value is likely in its existing use as an affordable home or rental.

2. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the property's very small square footage, age, and modest characteristics compared to the typical Winnipeg home. It is priced for what it is: a basic, small-scale dwelling.

3. What are the main considerations for living in a 640 sqft home?
Efficient use of space is paramount. The layout and functionality of the renovated basement will be crucial for storage and living. This lifestyle requires a significant downsize in possessions and favors minimalism.

4. How does the detached garage impact the property's value on a small lot?
On a compact lot, a detached garage is a valuable asset for parking and storage, but it also consumes a portion of the limited outdoor space. Its utility likely outweighs the loss of yard area for most buyers in this market segment.

5. The home is over 110 years old. What should I be most concerned about?
While the basement has been renovated, the core structure and major systems (like plumbing, electrical, and the foundation) are very old. A thorough inspection is essential to understand the condition and potential need for updates beyond cosmetic fixes.

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.