Property score
39.3
Below average
Overall 39.3 · Smaller than most nearby homes
528 sqft (bottom 1%) · Built in 1940 (7 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 schools, 4 parks, and 2 place of worships nearby
Living Area
Below average
50% smaller than neighborhood avg.
Year Built
Below average
7 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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39.3 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: #46110837
$77K
Median household income
$88K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
30%
Single-person households
22%
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
401 Victoria Avenue E — 11 amenities found within 500 m, across 4 categories, including 3 dining (nearest 474 m), 2 education (nearest 447 m), 4 parks (nearest 233 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 5% | Bottom 5% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 401 Victoria Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Kern Park neighborhood, built in 1940. Its key characteristic is its exceptionally modest scale, with a living area of just 528 sqft, placing it among the smallest homes in the city. The property includes a detached garage and a basement that is noted as being unrenovated. The lot size is 3,800 sqft, which is smaller than many in the immediate area but offers potential outdoor space relative to the home's footprint.
The appeal lies primarily in its position as one of the most accessible entry points into homeownership in Winnipeg, underscored by a very low assessed value. It suits a specific type of buyer: those seeking absolute minimalism, investors looking for a straightforward rental property, or handy individuals viewing it as a blank-slate project. A less obvious perspective is its potential for someone seeking to minimize living costs and footprint intentionally, where the small size is a feature, not a drawback. It’s a property defined by practicality and potential rather than immediate move-in readiness.
Section 2: Frequently Asked Questions
1. Is the home livable in its current state?
While the home has functioning essentials, the unrenovated basement and the overall age suggest it likely needs updates and cosmetic improvements. It should be considered a candidate for renovation.
2. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the home's very small size, its age, and the condition of its finishes and systems compared to the broader market. It is priced for its land value and basic structure.
3. What are the main considerations for expanding or renovating this home?
Given the small existing footprint, any significant expansion would require a review of zoning bylaws. The unrenovated basement presents the most immediate opportunity to add functional living space.
4. How does the lot size compare, and what can be done with the yard?
At 3,800 sqft, the lot is smaller than many on the street but is still a substantial outdoor area for a home of this size. It offers good potential for gardening, landscaping, or adding a patio or deck to extend living space.
5. What is the neighborhood like, and what are the comparable homes?
Kern Park is an established neighborhood with homes primarily from the mid-20th century. Comparable homes in value are typically very modest in size or condition, but the area also includes larger, renovated properties, indicating a mix of long-term residents and ongoing renewal.
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