Property score
52.7
Fair
Overall 52.7 · Smaller but newer than most nearby homes
804 sqft (bottom 18%) · Built in 1962 (15 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
Below average
23% 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)
243
294.5k
$314/sqft
1947
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52.7 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
538 Ravelston Avenue E — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 115 m), 1 shopping (nearest 465 m), 4 parks (nearest 330 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 | Top 48% | Top 44% | Bottom 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 37% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 804 sqft one-storey home at 538 Ravelston Avenue E in Winnipeg's Kern Park neighbourhood presents a specific and practical opportunity. Built in 1962, it is newer than many homes in the immediate area. Its key features include a renovated basement and a detached garage. The living space is modest and below average for the street, neighbourhood, and city, suggesting a compact, efficient layout. Conversely, its assessed value is consistently around the average for its peer groups. The lot is a manageable 4,133 sqft, fairly typical for Kern Park but below the city-wide average. Recent sale history indicates steady value in its range.
Key Characteristics & Appeal
The primary appeal of this property lies in its efficiency and position as a manageable entry point into the market. It suits first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance home without a major renovation project. The renovated basement adds valuable finished space, effectively increasing usable square footage beyond the main floor footprint. A less obvious perspective is that a home with below-average living area but an average assessment for its area can represent a land-value or location play; the value is anchored in the lot and neighbourhood more than the structure's size. This could appeal to a buyer viewing it as a long-term hold with future redevelopment potential. Its newer build date (for the area) may also mean fewer immediate concerns with aging core components compared to neighbouring homes.
Frequently Asked Questions
1. Is the house particularly small?
Yes. At 804 sqft of living area, it is below the average size for comparable homes on its street, in Kern Park, and across Winnipeg. This indicates a compact, efficient layout.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand the home's full usable space.
3. How stable has the property's value been?
Based on available sale data, it sold in the $215k-$245k range in early 2017 and the $245k-$275k range in late 2020, showing modest appreciation in that period. Its assessed value is around average for its local context.
4. Who would this property suit best?
It is well-suited to first-time buyers due to its scale and price point, or to downsizers looking for a manageable single-level home with a finished basement for extra space. The detached garage is also a practical asset.
5. How does the lot size impact potential?
The 4,133 sqft lot is around average for Kern Park. While not oversized, it provides standard outdoor space and is typical for the neighbourhood. For the right buyer, it represents a manageable yard without excessive upkeep.
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