Property score
59.8
Fair
Overall 59.8 · Larger but older than most nearby homes
1,342 sqft (top 13%) · Built in 1912 (35 yrs older than avg)
Located in a above-average income area with median household income of ~75k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 3 parks, and 1 fuel station nearby
Living Area
Above average
28% larger than neighborhood avg.
Year Built
Below average
35 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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59.8 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
229 Victoria Avenue E — 13 amenities found within 500 m, across 5 categories, including 4 dining (nearest 266 m), 2 education (nearest 297 m), 3 parks (nearest 155 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 | Top 46% | Top 34% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 229 Victoria Avenue E, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home in Kern Park is a property of distinct contrasts. Built in 1912, it offers a generous 1,342 sqft of living space, which ranks above average for both its immediate street and the Kern Park neighbourhood. This presents a notable opportunity: the home provides more interior room than many in the area, housed within a classic, century-old character structure.
Its primary appeal lies in its potential. The assessed value is notably below average across all comparisons, which often signals a property ripe for modernization or a value-conscious entry point into the market. The home features a detached garage and a basement that is noted as not being renovated, underscoring the fixer-upper nature of the property. The lot is compact at 2,700 sqft, typical for older central neighbourhoods, emphasizing that the value here is in the existing structure rather than the land.
This home would suit a specific type of buyer: a handy purchaser, renovator, or investor looking for a character home with "good bones" in an established neighbourhood. It’s less suited for those seeking a move-in-ready property or a large outdoor space. A thoughtful perspective is that while the home ranks low on metrics like year built and assessed value, it ranks high for living area—suggesting a solid foundation to work with. The low tax assessment could be a financial advantage during a gradual renovation.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on the property's current state. Given the older year of construction (1912) and the note that the basement is not renovated, the valuation likely reflects the need for updates and modernization compared to more recently built or renovated homes in the area.
2. What does "one & 3/4 storey" mean for the layout?
This style typically features a main floor and a second floor where the ceilings slope with the roofline, often creating cozy bedrooms or unique spaces in the top half-storey. It's a classic design for homes of this era.
3. Is the low land area a concern?
At 2,700 sqft, the lot is smaller than the neighbourhood average. This means smaller yard maintenance but also limited potential for expansions like large additions or pools. The focus of this property is the existing house.
4. How reliable are the sold price ranges shown?
The listed ranges are based on public data. For precise historical sold prices, you must request the exact figures via email from the site, as they are verified manually and not publicly displayed in full detail.
5. What might explain the jump from a ~$28k sale in 2022 to a $390k city-wide average assessment comparison?
The 2022 sale price likely reflects the property's condition at that time. The $390k figure is the city-wide average assessed value for comparison homes, not the assessment for this specific house. It highlights how far below the city average this particular home's assessment sits.
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