Property score
56.3
Fair
Overall 56.3 · Newer than most nearby homes
997 sqft (bottom 49%) · Built in 1961 (14 yrs newer than avg)
Located in a above-average income area with median household income of ~87k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, 4 parks, and 1 place of worship nearby
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Above average
14 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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56.3 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
532 Ravelston Avenue E — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 121 m), 1 shopping (nearest 484 m), 4 parks (nearest 328 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 41% | Bottom 46% | Bottom 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 532 Ravelston Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kern Park is a practical and straightforward property. Built in 1961, it is notably newer than many homes in its immediate neighborhood and on its street, which can be an advantage for systems and structure. With just under 1,000 square feet of living space and a detached garage, it sits on a standard city lot. The data suggests it is a very modestly assessed property, positioned well below the citywide average for value. Its appeal lies in its simplicity and its position as an attainable entry point into a stable neighborhood. It suits first-time buyers or investors seeking a low-maintenance, no-frills home, or those who prioritize land location over the size or condition of the dwelling itself. A thoughtful perspective is that its below-average assessment, while reflecting its scale, could also represent a relative value opportunity in its area, especially for someone willing to make gradual improvements.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value is significantly below the citywide average, indicating a modest, no-frills home. It aligns more closely with the average for the Kern Park area, suggesting it is typical for the neighborhood in terms of municipal valuation.
2. How does the size of this home compare to others?
At 997 sq ft, the living area is slightly below the average for Kern Park and its own street, but not drastically so. It is, however, notably smaller than the typical Winnipeg home, indicating a compact, efficient layout.
3. The home was built in 1961. Is that old for the area?
Actually, no. With a build year of 1961, this home is newer than the average house on Ravelston Avenue E and in the broader Kern Park neighborhood. This is a positive, less obvious characteristic that may suggest updated building materials or systems compared to its peers.
4. What can the recent sold price range indicate?
The sold price range from late 2022 (approximately $22.5k-$25.5k) is consistent with the low assessed value and confirms the property's positioning in the affordable segment of the market. It provides a concrete recent benchmark for value.
5. Who would this property be best suited for?
It is ideally suited for a first-time buyer or an investor looking for an uncomplicated, entry-level property in a long-established neighborhood. Its scale and value also make it a potential fit for someone looking to downsize without leaving the community.
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