406 Yale Avenue E

Kern Park, Winnipeg

Property score

51.7

Fair

Overall 51.7 · Older than most nearby homes

1,066 sqft (top 33%) · 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: 2 schools, 4 parks, and 1 place of worship nearby

Living Area

Near average

2% larger 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)

Sold Count

243

Median price

294.5k

$/sqft

$314/sqft

Avg build year

1947

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

51.7 is composed by the two sections below.

Property Score

39.8Low
Living Area1,066 sqft52Fair
Year Built191816Low
Lot Size2,475 sqft18Low
Neighbourhood Sales Activity53Fair

Community Score

69.5Good
Household Income75Good
Education Level22Low
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110837

Community deep dive

$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

Population, labour & age

Population (2021)407
Labour force participation rate75%
Median age36.4
Avg household size2.3
Unemployment rate5%
Population density3700 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households30%
Couple families with children22%
Median household income (2020)$77K

Housing

Renter households13%
Condominium dwellings5%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)3%
Visible minority11%
Bachelor's or higher (25–64)13%
Mother tongue (1st)English · 87%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,066 sqft
0255075100
Same streetTop 49%Same areaTop 33%CitywideBottom 35%
Same street · Yale Avenue E
#161 / 330
Top 49% · Avg 1,539 sqft
Same area · Kern Park
#206 / 629
Top 33% · Avg 1,047 sqft
Citywide · Winnipeg
#125,878 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

below average
238k
0255075100
Same streetBottom 14%Same areaBottom 22%CitywideBottom 15%
Same street · Yale Avenue E
#283 / 330
Bottom 14% · Avg 408.8k
Same area · Kern Park
#493 / 629
Bottom 22% · Avg 288.2k
Citywide · Winnipeg
#166,095 / 194,458
Bottom 15% · Avg 390.1k

Year Built

around average
1918
0255075100
Same streetBottom 36%Same areaBottom 23%CitywideBottom 12%

Lot Size

below average
2,475 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 4%

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

406 Yale Avenue E — 7 amenities found within 500 m, across 3 categories, including 2 education (nearest 403 m), 4 parks (nearest 237 m).

Search radius
🏫Education2
🌳Parks4
Worship1

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 6/2021CA$200k–250k
Sold price

Same street

Bottom 22%

Same area

Bottom 24%

City-wide

Bottom 13%
Sold 4/2017CA$150k–200k
Sold price

Same street

Bottom 15%

Same area

Bottom 19%

City-wide

Bottom 10%

Related homes

Highlights & common questions: 406 Yale Avenue E, Winnipeg

Property Overview

This one-and-a-half storey home, built in 1918, is a compact and historically characteristic property in Kern Park. With 1,066 sqft of living space, its size is fairly typical for the city but modest for its immediate street and neighbourhood. A key feature is its unfinished basement, offering functional storage or future expansion potential. The lot is notably smaller than most, at 2,475 sqft. The home’s assessed value is significantly below local and city averages, reflecting its age, condition, and lot size.

Its primary appeal lies in affordability and opportunity. It suits a first-time buyer or an investor looking for an entry point into the Winnipeg market with a property that has a clear, unrenovated canvas. The low property taxes, inferred from the low assessment, are a practical benefit. A less obvious perspective is that the very compact lot minimizes yard maintenance—a potential plus for those seeking a low-maintenance lifestyle close to the core. It would not suit buyers looking for move-in-ready finishes, ample outdoor space, or newer construction.

Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
The assessment reflects the home's age, the unfinished condition of the basement, the smaller-than-average living area, and the notably compact lot size compared to neighbouring properties.

2. What does "one-and-a-half storey" mean for this house?
Typically, this style features a main floor with principal rooms and a second floor under sloped roof lines, often creating cozy bedrooms with unique character. Given the era, expect original layouts and potentially smaller upstairs rooms.

3. Is the small lot size a major drawback?
It depends on your priorities. It severely limits outdoor private space and parking options (there is no garage), but it also means very little yard work and lower associated maintenance costs.

4. How recent are the sold price comparisons shown?
The most recent sale data for this property is from June 2021. The market has likely changed since then, so these figures are a historical benchmark, not a current valuation.

5. What are the implications of an unfinished basement?
It provides valuable storage or utility space as-is. Any future finishing would require significant investment but would also be a primary way to increase the home's liveable square footage and overall value.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.