Property Summary

Key Characteristics & Buyer Profile

This is a 1915 home in Winnipeg’s Kern Park area, with roughly 1,024 square feet of living space on a 4,000-square-foot lot. Its assessed value sits at $276,000. The property sits right around the average for living area and lot size within its immediate neighbourhood, but both figures fall below citywide medians—the living space is about 24% smaller than the Winnipeg average, and the lot is on the smaller side by city standards. The home itself is older than most (bottom 11% citywide by year built), which often means solid bones but likely some dated systems or finishes.

The appeal here is pragmatic rather than flashy. This is not a turnkey or premium property. The buyer is probably someone comfortable with older construction—maybe a first-time homeowner open to cosmetic updates, or someone looking to get into a stable, established neighbourhood at a lower entry price than newer or larger homes nearby. The assessed value is notably lower than both the street average and the city average, which might appeal to value-focused buyers or investors prioritizing cash flow over curb appeal. The location in Kern Park offers proximity to the Red River and mature tree-lined streets, but without the premium price tag of pricier Winnipeg neighbourhoods.

Frequently Asked Questions

1. How should I think about the assessed value being “bottom 23%” citywide?
It means this property is priced lower than most homes in Winnipeg, which can be an advantage if you’re budget-conscious. But assessments lag the market—they don’t always reflect current sale prices or recent renovations. It’s a starting point, not a final price.

2. The home was built in 1915—what should I watch out for?
Older homes often have knob-and-tube wiring, lead paint, or aging plumbing. Insulation and foundation condition are also worth a close look. That said, many 1910s homes in Winnipeg have been updated over time. An inspection focused on the mechanicals and structure is a smart move.

3. Is a 4,000-sqft lot small for this area?
It’s about average for Kern Park, but below the citywide median. That means less yard maintenance, but also less space for additions, a garage, or large gardens. If outdoor space is a priority, check the lot for any easements or setbacks that limit use.

4. How does this home compare to others on Whittier Avenue East?
It’s near the average for size and assessed value on the street—neither the biggest nor the most expensive. That makes it fairly representative for the block. If you like the street but want something distinct, you might need to look at how much work this one needs versus others.

5. Would this property work as a rental or investment?
Possibly, if the purchase price reflects the assessment and you’re comfortable with an older building. The below-average valuation could mean better cash flow potential, but factor in higher maintenance reserves for a century-old structure. Local rental demand in Kern Park is steady but not high-growth; it’s a hold, not a flip.