Property score
64.0
Fair
Overall 64.0 · Larger but older than most nearby homes
1,517 sqft (top 7%) · Built in 1908 (39 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, 4 parks, and 1 place of worship nearby
Living Area
Above average
45% larger than neighborhood avg.
Year Built
Below average
39 yrs older 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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64.0 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: #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
510 Leola Street — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 227 m), 4 parks (nearest 311 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 30% | Bottom 28% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 510 Leola Street in Winnipeg's Kern Park neighborhood presents a distinct profile. Its primary appeal lies in offering above-average interior space within a historically valued context, suited for specific buyer priorities.
Key Characteristics & Buyer Profile
The home's standout feature is its generous 1,517 sqft of living area, which ranks in the top 7% for both its immediate street and the broader Kern Park area. This spaciousness is complemented by a renovated basement, adding functional living space. However, the property carries the inherent traits of its 1908 construction: it is the oldest home on its block, sits on a smaller lot compared to local averages, and has a municipal assessed value significantly below city-wide norms, though typical for its immediate vicinity.
Its appeal is for the practical, value-conscious buyer who prioritizes interior square footage over lot size or modern construction. It would suit a first-time homeowner or small family looking for ample room to grow within a budget, who is prepared for the maintenance considerations of a century-old home. A less obvious perspective is that the below-average assessed value, while reflecting age and lot size, could represent a lower property tax burden relative to the amount of enclosed living space received. This is a home for someone who values space indoors over yard space and sees potential rather than prestige in its historical roots.
Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. The assessment is in line with neighboring homes on Leola Street and in Kern Park. It primarily reflects the home's age, smaller lot size, and local market conditions, not necessarily the interior condition, which includes a renovated basement.
2. What does it mean that the home is the oldest on the street?
Built in 1908, it indicates that the surrounding neighborhood developed later. Owners should budget for maintenance consistent with a century-old structure, but may also appreciate the character and established community.
3. How usable is the 3,001 sqft lot?
The lot is smaller than most in the area (ranking in the bottom 10% in Kern Park). It offers modest outdoor space but limits potential for large additions, pools, or extensive landscaping compared to homes on larger lots.
4. The home sold in 2019 for approximately $20.5k–$23.5k. Is that the price?
No. Those figures are from a sale six years ago and are not the current asking or market price. They are historical data points showing previous transaction values.
5. Who would this property not suit?
It may not be ideal for buyers seeking a modern, low-maintenance build, those who prioritize a large private yard, or investors focused solely on properties with assessments that track the city-wide average.
