Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Ravelston Avenue E): Below Average. Ranked #221 out of 236 (Bottom 6%). The street average for comparable homes is 1,066 sqft.
Neighborhood Level (Kern Park): Below Average. Ranked #583 out of 629 (Bottom 7%). The neighborhood average for comparable homes is 1,047 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #186,862 out of 194,457 (Bottom 4%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Ravelston Avenue E): Below Average. Ranked #216 out of 236 (Bottom 8%). The street average for comparable homes is 330.2k.
Neighborhood Level (Kern Park): Below Average. Ranked #550 out of 629 (Bottom 13%). The neighborhood average for comparable homes is 307.2k.
Citywide Level (Winnipeg): Below Average. Ranked #178,741 out of 194,455 (Bottom 8%). The citywide average for comparable homes is 435.4k.
Street Level (Ravelston Avenue E): Below Average. Ranked #159 out of 236 (Bottom 33%). The street average for comparable homes is 1954.
Neighborhood Level (Kern Park): Below Average. Ranked #362 out of 629 (Bottom 42%). The neighborhood average for comparable homes is 1947.
Citywide Level (Winnipeg): Below Average. Ranked #150,040 out of 194,457 (Bottom 23%). The citywide average for comparable homes is 1966.
Street Level (Ravelston Avenue E): Below Average. Ranked #125 out of 236 (Bottom 47%). The street average for comparable homes is 5,588 sqft.
Neighborhood Level (Kern Park): Below Average. Ranked #318 out of 629 (Bottom 49%). The neighborhood average for comparable homes is 4,277 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #144,349 out of 194,457 (Bottom 26%). The citywide average for comparable homes is 6,570 sqft.
Kern Park market pulse
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.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
431 Ravelston Avenue E — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 303 m), 4 parks (nearest 260 m).
Crime & safety
Waste collection schedule
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Similar assessed value
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Is this home right for you?
Property Overview
This 700 sqft, one-storey home on a 4,000 sqft lot in Kern Park is a study in practicality and potential. Built in 1946, it presents a straightforward opportunity in the Winnipeg market. Its key appeal lies in its position as one of the area's most accessible entry points, with an assessed value significantly below local and city averages. The detached garage adds functional value. This isn't a move-in-ready showcase; its living space is notably compact compared to neighbors. Instead, it suits a specific buyer: a first-time purchaser, an investor, or a downsizer comfortable with a modest footprint who sees the value in a lower-cost holding in an established neighborhood. The appeal is grounded in affordability and the chance to add value over time, rather than in immediate luxury or size.
Frequently Asked Questions
1. Is this a "fixer-upper"?
While the listing doesn't detail condition, the data suggests it. The assessed value and last sold price are very low for the area, and the living area is well below average. Buyers should budget for updates, but this is reflected in the price.
2. Why is the assessed value so much lower than the city average?
The assessed value of $21,200 is for municipal tax purposes and is not market value. However, its ranking in the bottom 10% for the street and neighborhood confirms it is a lower-valued property, likely due to its smaller size, age, and condition.
3. What are the less obvious pros and cons of a home this size?
A clear pro is lower utility and maintenance costs. A potential con is limited space for a growing family or home office. However, its modest scale could be perfect for someone seeking simplicity and lower ongoing expenses.
4. The lot size seems average for the area. Could the property be expanded?
The 4,000 sqft lot is typical for Kern Park. While expansion or adding a second storey may be physically possible, it would require investigating zoning bylaws, heritage designations (if any), and the significant investment involved.
5. How reliable are the past sold price ranges shown?
The ranges are based on public data. For the exact sale price from August 2017 (listed as $14.5k–$17.5k), you must request it directly from the site, as they manually provide this specific figure to ensure accuracy.