Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Ravelston Avenue E): Below Average. Ranked #236 out of 236 (Bottom 0%). The street average for comparable homes is 1,066 sqft.
Neighborhood Level (Kern Park): Below Average. Ranked #619 out of 629 (Bottom 2%). The neighborhood average for comparable homes is 1,047 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #193,151 out of 194,457 (Bottom 1%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Ravelston Avenue E): Below Average. Ranked #177 out of 236 (Bottom 25%). The street average for comparable homes is 330.2k.
Neighborhood Level (Kern Park): Below Average. Ranked #437 out of 629 (Bottom 31%). The neighborhood average for comparable homes is 307.2k.
Citywide Level (Winnipeg): Below Average. Ranked #164,548 out of 194,455 (Bottom 15%). The citywide average for comparable homes is 435.4k.
Street Level (Ravelston Avenue E): Below Average. Ranked #231 out of 236 (Bottom 2%). The street average for comparable homes is 1954.
Neighborhood Level (Kern Park): Below Average. Ranked #617 out of 629 (Bottom 2%). The neighborhood average for comparable homes is 1947.
Citywide Level (Winnipeg): Below Average. Ranked #183,446 out of 194,457 (Bottom 6%). The citywide average for comparable homes is 1966.
Street Level (Ravelston Avenue E): Below Average. Ranked #157 out of 236 (Bottom 33%). The street average for comparable homes is 5,588 sqft.
Neighborhood Level (Kern Park): Below Average. Ranked #482 out of 629 (Bottom 23%). The neighborhood average for comparable homes is 4,277 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #161,740 out of 194,457 (Bottom 17%). The citywide average for comparable homes is 6,570 sqft.
Kern Park market pulse
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.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
512 Ravelston Avenue E — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 186 m), 5 parks (nearest 336 m).
Crime & safety
Waste collection schedule
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Related homes
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Is this home right for you?
Property Overview: 512 Ravelston Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Kern Park neighborhood, built in 1910. Its key characteristic is its modest scale, with a living area of 598 sqft that places it among the smallest homes in the area. The property features a renovated basement and a detached garage on a 3,300 sqft lot.
The appeal lies in its affordability and simplicity. With a notably low assessed value, it presents a rare entry point into the Winnipeg market. It suits a very specific buyer: someone seeking absolute minimal upkeep, a first-time buyer comfortable with a cozy footprint, or an investor looking for a straightforward rental property. Its age and size mean utility costs and property taxes are likely minimal. A thoughtful perspective is that this isn't just a "starter home," but potentially a "finisher home" for those prioritizing financial freedom and a low-maintenance lifestyle over space.
Section 2: Frequently Asked Questions
1. Is the house actually livable at under 600 sqft?
Yes, but it requires efficient use of space. The renovated basement adds functional area, making it a true compact dwelling rather than just a small main floor.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's very small size, its age (among the oldest in its peer groups), and its modest finishes compared to larger, modernized homes. It's priced for its land and basic structure.
3. What are the implications of a home built in 1910?
While it offers classic charm, it's essential to investigate the condition of major aging components like wiring, plumbing, and the foundation. The renovation to the basement is a positive sign of updates.
4. Who would this property not suit?
It would not suit families needing multiple bedrooms, anyone who works extensively from home without a dedicated space, or buyers unwilling to live in a compact, no-frills environment.
5. The last sale was around $20k-$23k. Is that accurate?
According to public data, yes. This extremely low sale price highlights its nature as a foundational property. For the exact sale price, you can request the figure directly via the provided email service.