Property score
40.2
Below average
Overall 40.2 · Smaller and older than most nearby homes
648 sqft (bottom 4%) · Built in 1918 (29 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: 1 dining spot, 2 schools, 4 parks, and 2 place of worships nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Below average
29 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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40.2 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: #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
404 Yale Avenue E — 9 amenities found within 500 m, across 4 categories, including 1 dining (nearest 499 m), 2 education (nearest 410 m), 4 parks (nearest 229 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 31% | Bottom 34% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 404 Yale Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Kern Park, built in 1918 with 648 square feet of living space. Its key characteristics are its modest scale, very low municipal assessed value ($21,200), and an unrenovated basement. The lot is a manageable 3,300 square feet. Compared to nearby homes, it ranks consistently below average in size, value, and land area.
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 seeking a straightforward, no-frills property, potentially including first-time buyers, downsizers, or investors looking for a basic rental property. Its recent sale in late 2024 suggests it’s a transactable asset at this price point.
A less obvious perspective is that a home of this age and condition on a smaller lot presents a manageable canvas. For a hands-on buyer, the renovation scope is contained, and the low ongoing property taxes are a significant, long-term financial benefit that offsets its limitations.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's relatively small size, age, basic condition (including an unrenovated basement), and the value of similar properties in its immediate area. It is characteristic of Winnipeg's more affordable, established neighbourhoods.
2. What does "below average" in these rankings mean for a buyer?
It confirms this is a modest property within its context. For a buyer seeking affordability and simplicity, these rankings are expected. They highlight that you are purchasing a home for its utility and location, not for premium space or finishes.
3. Is the unrenovated basement a major concern?
It depends on your goals. It is not a modern, finished living space and may require attention for moisture control, insulation, or utilities. However, it also means there are no hidden costs from poor renovation work, and it offers raw storage or future project space.
4. Who would this property not suit?
It would not suit buyers needing multiple bedrooms, ample living space, modern amenities, or garage parking. Those looking for a move-in-ready home or a property with immediate equity from premium features would likely find it too limited.
5. The home sold recently in 2024. What does that indicate?
It indicates the market validates this price range for such properties. It shows there is demand for affordable, basic homes, and provides a recent benchmark for value, suggesting the listing is likely priced close to current market expectations.
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