Property score
50.9
Fair
Overall 50.9 · Smaller but newer than most nearby homes
741 sqft (bottom 11%) · Built in 1961 (14 yrs newer 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
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Above average
14 yrs newer than neighborhood avg.
Mother tongue
English · 82%French · 4%
Past 10 years Kern Park sales snapshot (~80% of all data)
243
294.5k
$314/sqft
1947
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50.9 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: #46110839
$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
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
508 Rosseau Avenue E — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 167 m), 7 parks (nearest 244 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 32% | Bottom 39% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
508 Rosseau Avenue E is a compact, one-storey home in Winnipeg's Kern Park neighborhood. Built in 1961, it sits on a notably generous lot for its size and has a renovated basement. Its appeal lies in its efficient footprint and the potential offered by its larger-than-average lot, presenting a low-maintenance living option with room for future expansion or outdoor projects. This property would suit first-time buyers, downsizers, or investors looking for an affordable entry into the market with a solid foundation and manageable scale.
Key Characteristics & Appeal
The home's 741 sqft living area is modest, placing it below the average size for the street, neighborhood, and city. This characteristic translates to lower utility costs and minimal upkeep, ideal for those seeking simplicity. However, its 4,951 sqft lot is significantly larger than many comparable properties in Kern Park, offering valuable outdoor space rare for homes of this size. The detached garage adds practical storage or workshop space. A key, less obvious perspective is that while the house itself is compact, the above-average lot size and newer construction date (relative to many area homes) provide a unique blend of a manageable structure on a canvas with potential. The renovated basement adds immediate functional living space. It’s a property that prioritizes land value and location over square footage, suited for a buyer who values outdoor space or sees long-term potential over immediate size.
Frequently Asked Questions
1. Is the house too small for practical living?
While below average in size, the efficient one-storey layout combined with a renovated basement provides adequate living space for a single person, a couple, or a small family comfortable with cozy quarters. The generous lot also effectively extends the living area outdoors in warmer months.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. This is a key detail to request from the selling agent, as it determines whether it's a finished recreational space, contains additional bedrooms, or simply has updated utilities and walls.
3. How does the assessed value relate to the likely selling price?
The assessed value is around $30,200, which is a municipal valuation for tax purposes. The last recorded sale was in 2016 for approximately $21.5k-$24.5k. The current market price will be determined by recent sales of similar homes, condition, and market demand, and will almost certainly be higher than both these historical figures.
4. What are the advantages of a larger lot with a smaller house?
The large lot offers privacy, space for gardening, children or pets to play, and room for additions like a deck, shed, or even a future home expansion. It also typically means more distance from neighbors compared to tightly packed lots, a valuable premium in established neighborhoods.
5. Why is the year built (1961) considered "above average" for the area?
Data shows the average year built for comparable homes on the street and in Kern Park is 1947. Therefore, this home is approximately 14 years newer than many of its neighbors, which can suggest updates to original construction methods and potentially fewer issues related to very aged infrastructure.
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