Property score
51.0
Fair
Overall 51.0 · Older than most nearby homes
930 sqft (bottom 40%) · Built in 1913 (34 yrs older than avg)
Located in a above-average income area with median household income of ~75k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 3 parks, and 1 sports facility nearby
Living Area
Near average
11% smaller than neighborhood avg.
Year Built
Below average
34 yrs older 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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51.0 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: #46110838
$75K
Median household income
$99K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
31%
Single-person households
27%
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
511 Kanata Street — 15 amenities found within 500 m, across 6 categories, including 4 dining (nearest 210 m), 2 education (nearest 92 m), 3 parks (nearest 190 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 1% | Bottom 4% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 511 Kanata Street, Winnipeg
Key Characteristics & Buyer Profile
This is a compact, one-and-a-half storey home in Kern Park, built in 1913. With 930 sqft of living space and a 3,700 sqft lot, it sits below average in size both for its immediate street and the city overall. A key updated feature is its renovated basement. The home includes a detached garage.
Its primary appeal lies in being an accessible, lower-priced entry point into the Winnipeg market, particularly for a standalone house with a private yard and garage. The renovated basement adds functional living space. The assessed value is notably low compared to city averages, which often translates to correspondingly lower property taxes—a significant, ongoing cost savings.
This property would best suit first-time buyers, downsizers, or practical investors seeking a straightforward, no-frills home. It’s for those who prioritize financial efficiency and the utility of a renovated basement and detached garage over square footage or modern build dates. A thoughtful perspective for a home of this age is to see its lower assessment not just as a value indicator, but as a foundation for building equity through careful, incremental improvements.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessment is based on a mass appraisal system considering factors like location, size, age, and condition. This home’s smaller size, older age, and specific market area result in a lower assessed value, which typically correlates with lower annual property taxes.
2. What does "renovated basement" imply?
While specifics would require an inspection, this generally means the below-ground space has been finished into livable or functional areas, such as a rec room, office, or additional bedroom. It's a valuable addition of usable space in a smaller home.
3. The home is over 110 years old. What should I consider?
While charm and character are benefits, focus on the condition of major systems. Inquire about updates to the roof, wiring, plumbing, and foundation. A pre-purchase home inspection is highly recommended to understand the maintenance landscape.
4. How does the lot size compare, and what are the implications?
At 3,700 sqft, the lot is manageable and typical for the neighbourhood. It offers space for a garden, patio, or play area without the high maintenance of a much larger yard. The detached garage provides off-street parking and storage.
5. The last recorded sale was in 2019 for a very low price. Why?
Historical sale prices are not adjusted for the property's condition at that time or the circumstances of the sale (e.g., estate sale, non-arms-length transaction). It serves as a data point but is not a reliable indicator of current market value without that context.
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