45.5
Below average
Property score
45.5
Below average
Overall 45.5
Smaller and older than most nearby homes
774 sqft (bottom 14%)
Built in 1921 (26 yrs older than avg)
Located in a above-average income area
with median household income of ~75k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 4 dining spots, 2 schools, 3 parks, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
26 yrs older than neighborhood avg.
Mother tongue
English · 88%Tagalog · 4%
Past 10 years Kern Park sales snapshot (~80% of all data)
243
294.5k
$314/sqft
1947
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45.5 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110838
$75K
Median household income
$99K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
31%
Single-person households
27%
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
218 Yale Avenue E — 13 amenities found within 500 m, across 5 categories, including 4 dining (nearest 254 m), 2 education (nearest 258 m), 3 parks (nearest 127 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 35% | Bottom 41% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 218 Yale Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Kern Park, built in 1921. With 774 sqft of living space, it is notably smaller than most area homes, positioning it as a true starter home or a downsizing opportunity. Its assessed value is modest and below the city average, suggesting a lower property tax burden and an accessible entry point into the market.
The primary appeal lies in its generous, above-average lot size for the Kern Park neighbourhood (4,950 sqft). This presents a significant opportunity for expansion, gardening, or outdoor living that is uncommon for homes in this price bracket. The basement exists but is unrenovated, representing both a project and potential for added space.
This property would best suit a practical, value-conscious buyer—perhaps a first-time purchaser comfortable with a cozy footprint, an investor looking for a land-value play, or someone seeking a manageable property with clear potential to add value through a future addition or landscaping. It’s not for those seeking move-in-ready finishes or ample indoor space.
Section 2: Frequently Asked Questions
1. Is the low living area a major drawback?
It depends on your needs. For a single person, couple, or minimalist household, it can be sufficient. The trade-off is the larger lot, which offers outdoor space rarely found with similarly priced homes.
2. What does "below average" assessed value mean for me?
It typically correlates with lower municipal property taxes compared to higher-valued homes in the area. However, it also reflects the home's smaller size and likely need for updates.
3. What can I do with the large lot?
Beyond gardening and recreation, the lot size is a key asset. It provides rare potential for a future home addition, a detached garage, or even subdivision, subject to city zoning and approvals.
4. How significant is the unrenovated basement?
It means the basement is in original or utility condition. It offers storage and mechanical space but would require investment to become finished living area. Consider it a blank canvas with associated costs.
5. The home is over 100 years old. What should I be concerned about?
Standard for Winnipeg, this age necessitates a thorough inspection. Focus on the foundation, plumbing, electrical systems, and insulation. While it has stood for a century, modernizing these core systems is often a priority for comfort and efficiency.
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