Property score
76.2
Good
Overall 76.2 · Larger and newer than most nearby homes
1,610 sqft (top 5%) · Built in 2022 (75 yrs newer than avg)
Located in a above-average income area with median household income of ~87k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby
Living Area
Above average
54% larger than neighborhood avg.
Year Built
Above average
75 yrs newer 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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76.2 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
531 Regent Avenue E — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 332 m), 1 parks (nearest 117 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%
531 Regent Avenue E: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home at 531 Regent Avenue E in Winnipeg's Kern Park neighbourhood is a notably modern property in an area with many older homes. Built in 2022, it stands out for its new construction, offering a move-in-ready condition with a renovated basement. With 1,610 sqft of living space on a 3,303 sqft lot, it provides modern family-scale living without excessive maintenance. Its appeal lies in the balance of a newer home's efficiencies and warranties within a mature neighbourhood, offering a sense of established community without the typical older-home upkeep.
The property ranks highly for its newness and value within its immediate area, placing in the top 1-5% of its street and neighbourhood for year built and assessed value. This suggests it is a premium offering locally. It would suit first-time buyers seeking a modern home without venturing to distant new subdivisions, or downsizers looking for a newer, low-maintenance property in a connected area. It also presents a compelling option for investors or buyers attracted by the energy efficiency and modern systems of a near-new build, which is a rare find on established streets like Regent Avenue.
Frequently Asked Questions
1. How does the assessed value compare to the likely asking price?
The assessed value is a municipal figure for tax purposes and is typically lower than market value. Given this home's newness and high ranking locally, the market value is expected to be significantly higher.
2. What are the implications of having no garage?
The lack of a garage is common for many homes in mature neighbourhoods. Buyers should consider the cost and feasibility of adding a garage or sheltered parking, or factor in street parking. The newer construction may have wiring more easily adapted for a future car charging station.
3. The home is very new for the area. Does that affect its character or resale?
It offers modern layouts and building standards, which is a major advantage. However, its architectural style might differ from neighbouring homes. This can be a positive for those seeking modern amenities, but it's wise to observe the surrounding homes to ensure the setting meets your expectations.
4. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finish or if it includes a legal suite. This is a key detail to clarify, as it impacts livable space, potential rental income, and overall value.
5. Why are the comparable properties mostly in different neighbourhoods?
The listed "similar assessed value" properties are matched by tax valuation, not by location or type. For a true comparison, focus on the "Nearby" and "For reference/Worth viewing" listings, such as 307 Regent Avenue E (built 2024), which show this home is part of a trend of new infill development in the area.
