52.2
Fair
Property score
52.2
Fair
Overall 52.2
Compared with neighbourhood average
1,000 sqft (top 50%)
Built in 1946 (1 yr older than avg)
Located in a average-income area
with median household income of ~60k
Transit 82.0
1-min walk to transit with 2 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
Near average
4% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 79%Tagalog · 6%
Past 10 years Kern Park sales snapshot (~80% of all data)
243
294.5k
$314/sqft
1947
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52.2 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: #46110836
$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
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
225 Regent Avenue E — 13 amenities found within 500 m, across 5 categories, including 4 dining (nearest 252 m), 2 education (nearest 348 m), 3 parks (nearest 243 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 11% | Bottom 12% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home on Regent Avenue East in Kern Park is a practical, no-frills property. Built in 1946, it offers 1,000 sqft of living space on a standard 4,350 sqft lot, with a detached garage. The data suggests it is a modest home that aligns with the averages for its immediate street and neighbourhood in terms of size, age, and lot dimensions. Its most defining characteristic is its significantly below-average assessed value compared to other homes on the street, in Kern Park, and across Winnipeg. This indicates a property with substantial potential for equity growth through updates and modernization, rather than one that is already fully realized.
The appeal lies in its position as an affordable entry point into a stable neighbourhood. It suits first-time buyers, practical renovators looking for a project with clear value-add potential, or investors seeking a rental property with a lower initial outlay. A thoughtful perspective is that its very "averageness" in physical attributes for the area, combined with its low valuation, creates a clear and measurable opportunity for improvement. It’s a canvas where strategic investments could directly align with neighbourhood norms and potentially yield strong proportional returns.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbourhood average?
While the exact reason isn't specified, a significantly lower assessment for a home of average size and lot for the area typically suggests it requires modernization and may not have seen recent major updates. It reflects the condition and features relative to other homes, not the potential value.
2. Is this a good choice for a first-time buyer?
It can be, particularly for buyers who are comfortable with a home that likely needs some work. The lower valuation reduces the initial financial barrier to entry into homeownership in Kern Park, allowing budget to be allocated to gradual improvements.
3. What should I budget beyond the purchase price?
Given the age of the home (1946) and its below-average assessment, you should plan for potential updates to major systems like plumbing or electrical, as well as cosmetic renovations. A thorough inspection is essential to prioritize these needs.
4. How does the lot size compare?
The lot is around average for both Regent Avenue East and the Kern Park neighbourhood, providing a standard outdoor space for a home of this era. It is, however, smaller than the city-wide average for residential lots.
5. You mention a "sold price history," but only show a range. How do I get the exact price?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request the precise historical sale data by emailing the provided contact; they manually provide this information without using your email for unsolicited marketing.
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