540 Harvard Avenue E

Kern Park, Winnipeg

Property score

61.4

Fair

Overall 61.4 · Compared with neighbourhood average

1,037 sqft (top 37%) · Built in 1958 (11 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, 1 shop, 5 parks, and 1 place of worship nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Near average

11 yrs newer than neighborhood avg.

Mother tongue

English · 82%French · 4%

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

61.4 is composed by the two sections below.

Property Score

51.5Fair
Living Area1,037 sqft52Fair
Year Built195843Low
Lot Size4,500 sqft60Fair
Neighbourhood Sales Activity53Fair

Community Score

76.2Good
Household Income79Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health96Excellent

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: #46110839

Community deep dive

$87K

Median household income

$89K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

25%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)397
Labour force participation rate79%
Median age38.4
Avg household size2.5
Unemployment rate0%
Population density3308 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households25%
Couple families with children28%
Median household income (2020)$87K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority18%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 3%

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

Rankings

Living Area

around average
1,037 sqft
0255075100
Same streetBottom 49%Same areaTop 37%CitywideBottom 30%
Same street · Harvard Avenue E
#120 / 234
Bottom 49% · Avg 1,631 sqft
Same area · Kern Park
#233 / 629
Top 37% · Avg 1,047 sqft
Citywide · Winnipeg
#136,323 / 194,458
Bottom 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
359k
0255075100
Same streetTop 39%Same areaTop 10%CitywideBottom 49%
Same street · Harvard Avenue E
#92 / 234
Top 39% · Avg 443.9k
Same area · Kern Park
#64 / 629
Top 10% · Avg 288.2k
Citywide · Winnipeg
#98,457 / 194,458
Bottom 49% · Avg 390.1k

Year Built

above average
1958
0255075100
Same streetTop 10%Same areaTop 33%CitywideBottom 39%

Lot Size

above average
4,500 sqft
0255075100
Same streetBottom 47%Same areaTop 30%CitywideBottom 34%

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

540 Harvard Avenue E — 8 amenities found within 500 m, across 4 categories, including 1 education (nearest 66 m), 1 shopping (nearest 357 m), 5 parks (nearest 275 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks5
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 11/2017CA$250k–300k
Sold price

Same street

Top 43%

Same area

Top 31%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 540 Harvard Avenue E, Winnipeg

Property Overview

This 1958 one-storey home in Kern Park presents a practical opportunity. At 1,037 sqft with a renovated basement and a detached garage, it sits on a 4,500 sqft lot. The data suggests a home that is modest in size but well-positioned within its immediate neighbourhood. Its assessed value is notably above average for Kern Park, yet its living space is typical for the area, indicating the value may be attributed to factors like its condition, lot, or the renovated basement rather than sheer square footage. Its 1958 build date is newer than many homes on its street, which can be an advantage for systems and upkeep.

Key Characteristics & Appeal

The primary appeal of this property is its balance and neighbourhood standing. It offers updated living space with the finished basement, providing flexibility for a family, a home office, or a recreation room. The detached garage and decently sized lot add practical utility. It suits first-time buyers seeking a move-in ready home without the premium of a new build, or downsizers looking for single-level living with space for hobbies or guests. A thoughtful perspective is its above-average assessment within Kern Park—this often reflects desirability and investment in the property relative to the area, suggesting it's a solid contender within its market tier rather than a fixer-upper.

Frequently Asked Questions

1. How does the property's value compare to recent sales?
It last sold in late 2017 for an estimated $26.5k-$29.5k. Its current assessed value is $35.90k, which is above the average for Kern Park, indicating growth and a strong position within the neighbourhood.

2. Is the living space sufficient for a family?
At 1,037 sqft above grade plus a renovated basement, the home offers typical space for the area. It is well-suited for a small family or couple, with the basement providing crucial extra room for flexibility.

3. What are the implications of the 1958 build year?
Built in 1958, this home is newer than many on its street and in the wider city. This can mean updated building materials and potentially fewer major system replacements than in much older homes, though a thorough inspection is always recommended.

4. How does the lot size compare?
The 4,500 sqft lot is above average for the Kern Park neighbourhood, offering more outdoor space than many comparable properties, which is a valuable asset.

5. Why is the assessed value high for the area?
The assessed value ranks in the top 10% for Kern Park. This typically reflects the home's condition, improvements (like the renovated basement), and lot attributes, signalling it is a well-maintained property within its market context.

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