Property score
57.0
Fair
Overall 57.0 · Compared with neighbourhood average
988 sqft (bottom 48%) · Built in 1956 (9 yrs newer than avg)
Located in a above-average income area with median household income of ~77k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 4 parks, and 1 place of worship nearby
Living Area
Near average
6% smaller than neighborhood avg.
Year Built
Near average
9 yrs newer 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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57.0 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
507 Leola Street — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 286 m), 4 parks (nearest 301 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 4% | Top 10% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 507 Leola Street, Kern Park, Winnipeg
Key Characteristics & Appeal
This 988 sqft, one-storey home on a generous 6,414 sqft lot presents a practical and value-oriented opportunity in Winnipeg's Kern Park neighborhood. Built in 1956, its key appeal lies in its recently renovated basement and a detached garage. The standout feature is the land size: the lot is notably larger than most in the immediate area, ranking in the top 5% on its street and top 8% in Kern Park. This offers valuable outdoor space and potential not found in many comparable properties.
The home suits first-time buyers or downsizers looking for a manageable, single-level layout in an established community. Its assessed value is above average for Kern Park, suggesting it is a well-regarded property within the neighborhood. The appeal is grounded in space and practicality—the large lot provides room for gardening, recreation, or future expansion, while the renovated basement adds immediate functional living area. It’s a property for buyers who prioritize land and solid fundamentals over a large interior footprint.
Frequently Asked Questions
1. How does the living space compare to other homes?
At 988 sqft, the living area is very close to the average for both Leola Street and the wider Kern Park area. City-wide, it is considered more compact, making it a efficiently sized home.
2. What does the "above average" assessed value mean for this property?
The assessed value is higher than the typical home in Kern Park. This often reflects factors like the renovated basement, the desirable lot size, and the property's overall condition relative to others in the area.
3. Is the large lot a common feature here?
No, it is a distinguishing advantage. The lot is significantly larger than the average for both the street and the neighborhood, offering more privacy and usable outdoor space than most comparable properties.
4. What can the recent sale history tell me?
The home sold in September 2023. For the exact sale price, you can request the information via email from the listing source, as public records often show a range.
5. What type of neighborhood is Kern Park?
Kern Park is a mature, established neighborhood. The property metrics show homes here are typically from the mid-20th century, with lot and living areas that are modest but comfortable, appealing to those seeking a stable, residential setting.
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