Property score
47.8
Below average
Overall 47.8 · Smaller and older than most nearby homes
864 sqft (bottom 25%) · Built in 1912 (35 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
Below average
17% smaller than neighborhood avg.
Year Built
Below average
35 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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47.8 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
513 Yale Avenue E — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 211 m), 4 parks (nearest 304 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 11% | Bottom 14% | Bottom 8% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 2% | Bottom 2% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 513 Yale Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home in Kern Park is a compact, historically grounded property built in 1912. With 864 sqft of living space and a 3,300 sqft lot, it sits below average in size for its street, neighborhood, and city. Its defining characteristic is a very low municipal assessed value ($18,500), which places it in the bottom tier of area properties. The home features a detached garage and an unrenovated basement.
The primary appeal lies in its position as an entry point into the Winnipeg market. It suits a specific buyer: someone seeking the absolute lowest price point for a standalone house, likely a hands-on investor looking for a rental property, or a very budget-conscious first-time buyer prepared for a significant renovation project. Its low taxes, stemming from the assessment, are a notable financial advantage. A less obvious perspective is that its consistent ranking in the bottom percentiles across all metrics presents a clear, unvarnished value proposition—there are no premium features to pay for, making it a purely functional investment in land and basic shelter. The recent sale history suggests it trades within a very narrow, predictable price band.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than typical homes?
The assessed value is based on the property's current state, size, and market factors. This valuation reflects its smaller size, age, and condition relative to other homes, resulting in significantly lower property taxes.
2. What does "unrenovated basement" typically imply?
This usually means the basement space is in original or utilitarian condition, lacking finished living areas like a rec room or modern bathroom. It may be suited for storage and utilities but will likely require work to be converted into comfortable living space.
3. Who would this property be most suitable for?
It is best suited for investors seeking a low-cost rental property or for owner-occupants with a strong DIY skillset and a renovation budget. It is less suitable for buyers looking for a move-in-ready home or above-average space.
4. How does the lot size compare, and what are the implications?
At 3,300 sqft, the lot is smaller than most in the area. This means lower exterior maintenance but also less potential for expansion or extensive outdoor amenities compared to properties with larger lots.
5. The sold price history shows a tight range. What does this indicate?
The property has sold in a narrow, low price range over recent years, indicating a very stable and predictable market value for this type of asset. It suggests the price is firmly anchored by its functional utility and condition, not subject to wide speculative swings.
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