537 Victoria Avenue E

Kern Park, Winnipeg

Property score

61.1

Fair

Overall 61.1 · Newer than most nearby homes

1,024 sqft (top 42%) · Built in 1962 (15 yrs newer than avg)

Located in a above-average income area with median household income of ~87k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Above average

15 yrs newer than neighborhood avg.

Mother tongue

English · 80%French · 5%

Past 10 years Kern Park sales snapshot (~80% of all data)

Sold Count

243

Median price

294.5k

$/sqft

$314/sqft

Avg build year

1947

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Property score

61.1 is composed by the two sections below.

Property Score

53.1Fair
Living Area1,024 sqft52Fair
Year Built196246Low
Lot Size5,005 sqft67Good
Neighbourhood Sales Activity53Fair

Community Score

73.2Good
Household Income79Good
Education Level34Low
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110853

Community deep dive

$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

Population, labour & age

Population (2021)427
Labour force participation rate64%
Median age36.4
Avg household size2.4
Unemployment rate4%
Population density2846 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households25%
Couple families with children25%
Median household income (2020)$87K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority19%
Bachelor's or higher (25–64)18%
Mother tongue (1st)English · 80%
Mother tongue (2nd)French · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,024 sqft
0255075100
Same streetBottom 47%Same areaTop 42%CitywideBottom 29%
Same street · Victoria Avenue E
#218 / 410
Bottom 47% · Avg 1,381 sqft
Same area · Kern Park
#262 / 629
Top 42% · Avg 1,047 sqft
Citywide · Winnipeg
#138,972 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
329k
0255075100
Same streetTop 37%Same areaTop 19%CitywideBottom 39%
Same street · Victoria Avenue E
#151 / 410
Top 37% · Avg 447.8k
Same area · Kern Park
#120 / 629
Top 19% · Avg 288.2k
Citywide · Winnipeg
#119,307 / 194,458
Bottom 39% · Avg 390.1k

Year Built

above average
1962
0255075100
Same streetTop 25%Same areaTop 14%CitywideBottom 44%

Lot Size

above average
5,005 sqft
0255075100
Same streetTop 37%Same areaTop 17%CitywideBottom 46%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

537 Victoria Avenue E — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 239 m), 2 parks (nearest 205 m).

Search radius
🏫Education1
🌳Parks2
Worship1

Crime & Safety

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%

Sales History

Sold 9/2024CA$350k–400k
Sold price

Same street

Top 28%

Same area

Top 7%

City-wide

Top 46%
Sold 6/2019CA$250k–300k
Sold price

Same street

Top 47%

Same area

Top 35%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 537 Victoria Avenue E, Winnipeg

Property Summary: 537 Victoria Avenue E, Winnipeg

Section 1: Overview & Appeal

This one-storey home in Kern Park is a practical and well-positioned property. Its key characteristics include 1,024 sqft of living space, a renovated basement, a detached garage, and a 5,005 sqft lot, built in 1962. The appeal lies in its balance of modest size, recent updates below grade, and its strong standing within the immediate neighbourhood. Data shows it consistently performs above the Kern Park average for assessed value, year built, and land area, suggesting a solid, maintained home in a stable context. It last sold in late 2024.

This home would suit first-time buyers or downsizers seeking a manageable, single-level layout in an established area. It’s also a pragmatic choice for an investor or buyer looking for a property with foundational work already done (the basement renovation) and a valuation that holds its own locally, without the premium or challenges of a much older or larger home.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The assessed value is notably above the average for Kern Park, ranking in the top 19% locally. This indicates the property is assessed more highly than most in the immediate area, often reflecting its condition, lot size, or improvements relative to nearby homes.

2. Is the living space considered small?
At 1,024 sqft, it is below the city-wide average but is actually very close to the typical size for Kern Park. It represents a more compact, efficient footprint, which is common for the neighbourhood.

3. What does the sold price history indicate?
The home sold recently in late 2024. The prior sale was in mid-2019. This pattern of being held for several years at a time can indicate a stable, owner-occupied history rather than frequent turnover.

4. The lot is described as above average for the area. How is that beneficial?
With a 5,005 sqft lot ranking in the top 17% for Kern Park, it offers more outdoor space than many neighbouring properties. This provides greater potential for gardening, expansion, or simply more private yard space in a mature neighbourhood.

5. The home was built in 1962. Is that a concern?
In this context, it’s actually a plus. The build year ranks as newer than 86% of homes in Kern Park, meaning the structure is relatively modern compared to many in the area. This can suggest updated building materials and systems for its vintage.

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