506 Rosseau Avenue E

Kern Park, ਵਿਨੀਪਿਗ

Property score

51.7

Fair

Overall 51.7 · Older than most nearby homes

920 sqft (bottom 39%) · Built in 1912 (35 yrs older than avg)

Located in a above-average income area with median household income of ~87k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 7 parks, and 1 place of worship nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

12% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

35 yrs older than neighborhood avg.

Mother tongue

English · 82%French · 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

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Property score

51.7 is composed by the two sections below.

Property Score

35.3Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ42
920 sqftLow
ਤਰੀਕ ਤੋਂ ਬਣਿਆ16
1912Low
ਜ਼ਮੀਨ28
2,700 sqftLow
Neighbourhood Sales Activity53
Fair

Community Score

76.2Good
Household Income79
Good
Education Level44
Low
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health96
Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Kern Park

How to read: Share of sales in each ~$50k price band for “kern park” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110839

Community deep dive

$87K

Median household income

$89K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

25%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)397
Labour force participation rate79%
Median age38.4
Avg household size2.5
Unemployment rate0%
Population density3308 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households25%
Couple families with children28%
Median household income (2020)$87K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority18%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 3%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
920 sqft
0255075100
Same streetਹੇਠਲੇ 42%Same areaਹੇਠਲੇ 39%Citywideਹੇਠਲੇ 18%
Same street · Rosseau Avenue E
#97 / 167
ਹੇਠਲੇ 42% · ਔਸਤ 986 sqft
Same area · Kern Park
#386 / 629
ਹੇਠਲੇ 39% · ਔਸਤ 1,047 sqft
Citywide · ਵਿਨੀਪਿਗ
#158,755 / 194,458
ਹੇਠਲੇ 18% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
220k
0255075100
Same streetਹੇਠਲੇ 6%Same areaਹੇਠਲੇ 14%Citywideਹੇਠਲੇ 11%
Same street · Rosseau Avenue E
#157 / 167
ਹੇਠਲੇ 6% · ਔਸਤ 295.8k
Same area · Kern Park
#542 / 629
ਹੇਠਲੇ 14% · ਔਸਤ 288.2k
Citywide · ਵਿਨੀਪਿਗ
#172,516 / 194,458
ਹੇਠਲੇ 11% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
1912
0255075100
Same streetਹੇਠਲੇ 7%Same areaਹੇਠਲੇ 10%Citywideਹੇਠਲੇ 8%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
2,700 sqft
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 8%Citywideਹੇਠਲੇ 7%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

506 Rosseau Avenue E — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 179 m), 7 parks (nearest 240 m).

Search radius
🏫Education1
🌳Parks7
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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

8/2017 ਵਿਚ ਵਿਕਿਆCA$150k–200k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 5%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 10%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 7%

Related homes

ਵਿਨੀਪਿਗ 506 Rosseau Avenue E — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This 1912 one-and-a-half storey home at 506 Rosseau Avenue E in Winnipeg's Kern Park neighborhood presents a specific and straightforward opportunity. Its key characteristic is its modest scale, with 920 square feet of living space and a smaller 2,700 sqft lot, placing it well below city averages for size. The home has an unfinished basement and no garage. Its assessed value is notably low compared to both the neighborhood and the wider city, reflecting its age, size, and condition.

The appeal lies in its position as an affordable entry point into the Winnipeg market, particularly for a stand-alone house. It suits a practical, hands-on buyer—perhaps a first-time purchaser, an investor, or someone looking to downsize—who is prepared for the realities of a 114-year-old home. The lower property taxes associated with its assessment can be a meaningful ongoing savings. A less obvious perspective is that a home of this age and scale on a smaller lot offers a lower environmental footprint and potentially simpler upkeep than a larger, modern property, appealing to a minimalist or efficiency-focused lifestyle.

Frequently Asked Questions

1. What does the assessed value tell me about this property?
The assessed value of $220k is significantly below averages for the street, neighborhood, and city. This typically indicates a property that is older, smaller, or in need of updates compared to its peers, which is reflected in the lower annual property tax burden.

2. How does the living space compare to other homes?
At 920 sqft, the living area is slightly below the average for Kern Park (~1,047 sqft) and notably smaller than the Winnipeg average (~1,342 sqft). This confirms it's a compact, character home, not a spacious modern one.

3. What should I consider about the lot size?
The 2,700 sqft lot is considerably smaller than most in the area. This means minimal exterior maintenance but also limited private outdoor space and potential challenges for adding extensions or a garage later.

4. The home sold for between $15.5k and $18.5k in 2017. Why is that price so low?
Such a low historical sale price, especially compared to the current assessment, often indicates a previous sale under unique circumstances—such as a non-arms-length transaction between family members, a sale of land only, or a property in severely distressed condition. It does not reflect typical market value at that time or today.

5. Who is this property most suitable for?
It best suits a buyer with a realistic budget who values homeownership itself over space or modern finishes. It's a project-in-waiting for a DIY enthusiast, a manageable asset for an investor, or a cost-effective landing spot for someone who prioritizes location and low carrying costs over square footage.