Property score
59.9
Fair
Overall 59.9 · Newer than most nearby homes
1,040 sqft (top 36%) · Built in 1962 (15 yrs newer than avg)
Located in a above-average income area with median household income of ~87k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby
Living Area
Near average
1% 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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59.9 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
541 Regent Avenue E — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 325 m), 1 parks (nearest 125 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 36% | Bottom 48% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 541 Regent Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Kern Park offers practical, move-in-ready living. Its key feature is a renovated basement, adding valuable finished space to the 1,040 sqft layout. The property sits on a standard city lot with a detached garage. Built in 1962, it is notably newer than many homes in the immediate area, which can mean fewer concerns with aging core components. The home’s assessed value ranks above average for its street and neighbourhood, suggesting it is in good condition relative to local peers.
The appeal lies in its balance of space, updates, and location. It’s a solid, no-fuss property without extravagant size or price, ideal for first-time homebuyers, downsizers, or investors seeking a straightforward rental property. Its above-average assessment for the area hints at good upkeep without the premium of a fully modernized showhome. A thoughtful perspective is that while the living area is average, the renovated basement effectively expands usable space, offering flexibility for a family room, home office, or separate suite potential (subject to regulations).
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,040 sqft of living area, it is very close to the average for both Kern Park and Winnipeg overall. The renovated basement provides additional functional space not fully reflected in the main living area square footage.
2. The assessed value seems low. What does this indicate?
Winnipeg property assessments are not market valuations. The key takeaway is that this home’s assessment is in the top 21% for Kern Park, meaning it is assessed higher than most comparable neighbourhood homes, often a sign of better condition or updates.
3. What is the significance of the 1962 build year?
In a neighbourhood where many homes were built in the early 1950s, a 1962 construction date is relatively newer. This can sometimes translate to more modern building materials, electrical systems, or floorplans than older area homes.
4. What can the 2017 sale price range tell me?
The previous sale (23.5k-26.5k) provides a historical benchmark, but it is not a current market value. Market conditions and property improvements since 2017 have significantly influenced today’s price.
5. Who would this property suit best?
It’s an excellent match for practical buyers: first-time homeowners looking for a manageable starter home, empty-nesters wanting single-level living without a condo fee, or investors attracted by the renovated basement’s income suite potential and stable neighbourhood.
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