Property score
56.9
Fair
Overall 56.9 · Newer than most nearby homes
969 sqft (bottom 45%) · Built in 1961 (14 yrs newer than avg)
Located in a above-average income area with median household income of ~87k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, 3 parks, and 1 place of worship nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Above average
14 yrs newer than neighborhood avg.
Mother tongue
English · 80%French · 5%
Past 10 years Kern Park sales snapshot (~80% of all data)
243
294.5k
$314/sqft
1947
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56.9 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: #46110853
$87K
Median household income
$100K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
25%
Single-person households
25%
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
503 Wayoata Street — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 160 m), 1 shopping (nearest 428 m), 3 parks (nearest 324 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 | Top 17% | Top 12% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 503 Wayoata Street, Winnipeg
Key Characteristics & Appeal
This one-storey home in Kern Park presents a practical and value-oriented opportunity. Its key characteristic is a renovated basement, adding functional living space to the 969 sqft main floor. The detached garage and a land area of 4,501 sqft offer flexibility for parking, storage, or outdoor use.
The appeal lies in its strong positioning within its immediate context. While its living area is modest city-wide, it is above average for both its street and the Kern Park neighbourhood. More notably, its assessed value of $320k ranks well above average for the local area, suggesting a perception of solid value relative to nearby properties. The home suits first-time buyers seeking a move-in-ready foundation with renovation work already started, or downsizers looking for a manageable single-level layout in an established neighbourhood. A thoughtful perspective is that its older build year (1961) on the street might indicate a well-built character home amidst newer constructions, offering potential that newer infill properties on the block have helped bolster area valuations.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 969 sqft of living area, this home is larger than the average comparable home on Wayoata Street (~857 sqft) and in Kern Park (~1,047 sqft), making it a spacier option in its direct vicinity.
2. What does the assessed value ranking indicate?
An assessed value ranking in the top 24% for both the street and neighbourhood means this home is officially valued higher than most homes around it. This often reflects factors like lot size, condition, and recent improvements like the renovated basement.
3. Is the older build year a concern?
Built in 1961, it is one of the older homes on its street. This typically means due diligence on major systems (roof, wiring, plumbing) is important, but it also may come with more established landscaping and mature neighbourhood charm.
4. What was the last known sale price?
Public records indicate a sale occurred in December 2021, with a price range between $315,000 and $345,000. The exact sale price can be requested directly from the listing source.
5. What kind of properties are considered its peers?
The listing compares it to similar assessed-value homes in other neighbourhoods like Elmhurst and Varsity View, suggesting it competes in a price bracket that attracts buyers considering various established areas, not just Kern Park.
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