331 Victoria Avenue E

Kern Park, Winnipeg

Property score

35.0

Below average

Overall 35.0 · Smaller and older than most nearby homes

683 sqft (bottom 5%) · Built in 1915 (32 yrs older than avg)

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

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 3 schools, 4 parks, and 2 place of worships nearby

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Below average

32 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

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Property score

35.0 is composed by the two sections below.

Property Score

19.1Low
Living Area683 sqft15Low
Year Built191516Low
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
683 sqft
0255075100
Same streetBottom 5%Same areaBottom 5%CitywideBottom 3%
Same street · Victoria Avenue E
#389 / 410
Bottom 5% · Avg 1,381 sqft
Same area · Kern Park
#599 / 629
Bottom 5% · Avg 1,047 sqft
Citywide · Winnipeg
#188,618 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

below average
196k
0255075100
Same streetBottom 6%Same areaBottom 7%CitywideBottom 8%
Same street · Victoria Avenue E
#386 / 410
Bottom 6% · Avg 447.8k
Same area · Kern Park
#587 / 629
Bottom 7% · Avg 288.2k
Citywide · Winnipeg
#179,502 / 194,458
Bottom 8% · Avg 390.1k

Year Built

below average
1915
0255075100
Same streetBottom 16%Same areaBottom 18%CitywideBottom 11%

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

331 Victoria Avenue E — 12 amenities found within 500 m, across 4 categories, including 3 dining (nearest 435 m), 3 education (nearest 445 m), 4 parks (nearest 206 m).

Search radius
🍽️Dining3
🏫Education3
🌳Parks4
Worship2

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 2/2020CA$100k–150k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 2%

Related homes

Highlights & common questions: 331 Victoria Avenue E, Winnipeg

Property Overview: 331 Victoria Avenue E, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1915, situated on a modest 2,700 sqft lot in Kern Park. With 683 sqft of living space, an unrenovated basement, and no garage, it is notably smaller and more basic than most homes in the area and city. Its official assessed value is significantly below local averages.

The primary appeal lies in its position as one of the most accessible entry points into homeownership in Winnipeg. It suits buyers with a limited budget who prioritize a foothold in the market over move-in-ready condition or space. The very low property taxes, reflected by the low assessment, are a key financial advantage. This property would be a practical fit for a minimalist, an investor looking for a straightforward rental property, or a buyer viewing it as a long-term land hold with a currently functional structure. It represents a "blank canvas" opportunity, though one requiring a clear-eyed understanding of the maintenance and potential updating needed for a 111-year-old home.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
The assessment reflects the home's smaller size, age, and basic condition compared to the broader market. This results in significantly lower annual property taxes, which is a considerable ongoing cost saving.

2. What does "below average" in the rankings mean for a buyer?
For a buyer seeking maximum affordability, these rankings are an indicator of value. They signal that this property is priced below the norm for the street, neighbourhood, and city, which can mean a lower barrier to entry.

3. Is the unrenovated basement finished or usable?
The listing specifies it is "not renovated," which typically means it is in a rough, unfinished state. It likely provides essential mechanical space and storage but would require investment to become a finished living area.

4. What are the considerations with a home built in 1915?
While offering classic charm, a home of this age will likely have older building materials and systems. A thorough inspection is essential to understand the condition of the foundation, wiring, plumbing, and roof, and to budget for potential updates.

5. How reliable are the sold price ranges shown?
The ranges are based on public data. For precise historical sale figures to inform your offer, you should request the exact sold price history directly from the provided service, as the listing advises.

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