Property score
52.9
Fair
Overall 52.9 · Compared with neighbourhood average
967 sqft (bottom 45%) · Built in 1946 (1 yr older than avg)
Located in a above-average income area with median household income of ~77k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 4 parks, and 1 place of worship nearby
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Near average
1 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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52.9 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
428 Ravelston Avenue E — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 330 m), 4 parks (nearest 248 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 10% | Bottom 9% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1946 one-storey home in Winnipeg's Kern Park neighborhood presents a straightforward, no-frills opportunity. At 967 square feet on a 4,000 sqft lot, its living space is typical for the immediate area but modest compared to the city-wide average. A key characteristic is its notably low municipal assessed value, which ranks in the bottom 10% locally. The home lacks a basement, pool, and garage. Its appeal lies in its fundamental affordability and potential as a downsizing option or entry-point into homeownership in a stable, established neighborhood. It would suit a practical buyer—perhaps a first-time purchaser, an investor, or someone looking to minimize property taxes and footprint—who views the property as a functional canvas rather than a turn-key solution. A less obvious perspective is that the low assessment, while indicating a need for updates, could represent a relative tax advantage and a lower barrier to entry for adding value through renovation.
Frequently Asked Questions
What does the low assessed value indicate?
It primarily suggests the home is valued well below others on the street and in the area, often reflecting its age, size, condition, and lack of major renovations or additions. It's a key factor in its affordability.
Is the lack of a basement a significant drawback?
It limits storage and potential living space, which is a consideration for growing families. However, it can also mean fewer concerns about basement moisture or flooding, simplifying maintenance for some buyers.
How does the sold price history help?
The last recorded sale (May 2020, in the $15.5k-$18.5k range) provides a very recent benchmark, showing this is a low-price-point property. It underscores the home's position in the market as an accessible option.
Who might this property not suit?
It's likely not ideal for those seeking modern finishes, ample storage, or space for a home office or extended family. Buyers needing room to grow or who prefer a move-in-ready home without projects should look elsewhere.
What are the less obvious things to consider?
The compact lot size (smaller than many on the street) means lower outdoor maintenance but also limited potential for expansion. Additionally, while the home is average in age for the area, its 80-year-old structure warrants a thorough inspection to understand the condition of core components like the roof, wiring, and plumbing.
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