541 Yale Avenue E

Kern Park, Winnipeg

Property score

48.7

Below average

Overall 48.7 · Smaller but newer than most nearby homes

736 sqft (bottom 10%) · Built in 1960 (13 yrs newer than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, 3 parks, and 1 place of worship nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Above average

13 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

48.7 is composed by the two sections below.

Property Score

32.4Low
Living Area736 sqft22Low
Year Built196043Low
Lot Size4,300 sqft53Fair
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

below average
736 sqft
0255075100
Same streetBottom 7%Same areaBottom 10%CitywideBottom 6%
Same street · Yale Avenue E
#307 / 330
Bottom 7% · Avg 1,539 sqft
Same area · Kern Park
#566 / 629
Bottom 10% · Avg 1,047 sqft
Citywide · Winnipeg
#183,409 / 194,458
Bottom 6% · Avg 1,342 sqft

Tax-Assessed Value

around average
295k
0255075100
Same streetBottom 38%Same areaTop 45%CitywideBottom 28%
Same street · Yale Avenue E
#206 / 330
Bottom 38% · Avg 408.8k
Same area · Kern Park
#286 / 629
Top 45% · Avg 288.2k
Citywide · Winnipeg
#140,276 / 194,458
Bottom 28% · Avg 390.1k

Year Built

above average
1960
0255075100
Same streetTop 14%Same areaTop 23%CitywideBottom 42%

Lot Size

around average
4,300 sqft
0255075100
Same streetBottom 35%Same areaTop 41%CitywideBottom 31%

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

541 Yale Avenue E — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 150 m), 1 shopping (nearest 483 m), 3 parks (nearest 295 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks3
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 8/2021CA$300k–350k
Sold price

Same street

Top 38%

Same area

Top 23%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 541 Yale Avenue E, Winnipeg

Property Summary: 541 Yale Avenue E, Winnipeg

Key Characteristics & Appeal

This one-storey home in Kern Park is a compact, efficiently designed property built in 1960. With 736 square feet of living space, it is notably smaller than most area homes, positioning it as a true starter home or downsizing opportunity. Its key features include a renovated basement and a detached garage. The lot is a manageable 4,300 sqft, closely aligned with neighbourhood norms.

The appeal lies in its practicality and location. It offers a lower-maintenance footprint both inside and out, which can mean reduced upkeep costs and effort. While the living space is modest, the renovated basement adds valuable functional area. The assessed value is very reasonable for the street and neighbourhood, suggesting an accessible entry point into the market. This property would suit first-time buyers seeking affordability, investors looking for a rental property, or empty-nesters wanting to right-size without leaving the community. A less obvious perspective is that its smaller size and average lot, in a neighbourhood of generally larger homes, could represent a future redevelopment opportunity, adding a layer of long-term potential to its current utility.

Frequently Asked Questions

1. How does the home's size compare to others nearby?
It is significantly smaller than most comparable homes on Yale Avenue E and in the wider Kern Park area, where average living spaces are often over 1,000 sqft. This is reflected in its accessible price point.

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 liveable space.

3. Is the assessed value a reliable indicator of the selling price?
The home's assessed value ($29,500) is around average for its immediate street and neighbourhood. However, market conditions, the home's condition, and its recent renovation will be the primary drivers of its final sale price.

4. What is the typical property type and age in Kern Park?
Kern Park features a mix of home styles and eras. This 1960-built home is actually newer than many in the area, where the average build year is 1947. This suggests it may have newer core components than some neighbours.

5. How can I find out the exact historical sold prices?
The provided sold price history is an estimated range. You can obtain the precise sale history by requesting it via email from the listing source, which manually provides the data.

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