548 Ravelston Avenue E

Kern Park, Winnipeg

Property score

73.9

Good

Overall 73.9 · Larger and newer than most nearby homes

1,842 sqft (top 3%) · Built in 1961 (14 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, 4 parks, and 1 place of worship nearby

Living Area

Above average

76% larger than neighborhood avg.

Year Built

Above average

14 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

73.9 is composed by the two sections below.

Property Score

74.3Good
Living Area1,842 sqft89Excellent
Year Built196146Low
Lot Size4,899 sqft60Fair
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

Elite
1,842 sqft
0255075100
Same streetTop 3%Same areaTop 3%CitywideTop 16%
Same street · Ravelston Avenue E
#7 / 236
Top 3% · Avg 1,066 sqft
Same area · Kern Park
#20 / 629
Top 3% · Avg 1,047 sqft
Citywide · Winnipeg
#30,320 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
371k
0255075100
Same streetTop 20%Same areaTop 7%CitywideTop 47%
Same street · Ravelston Avenue E
#48 / 236
Top 20% · Avg 310.9k
Same area · Kern Park
#46 / 629
Top 7% · Avg 288.2k
Citywide · Winnipeg
#90,675 / 194,458
Top 47% · Avg 390.1k

Year Built

above average
1961
0255075100
Same streetTop 25%Same areaTop 19%CitywideBottom 43%

Lot Size

above average
4,899 sqft
0255075100
Same streetTop 18%Same areaTop 24%CitywideBottom 42%

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

548 Ravelston Avenue E — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 117 m), 1 shopping (nearest 430 m), 4 parks (nearest 340 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks4
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 5/2019CA$300k–350k
Sold price

Same street

Top 32%

Same area

Top 21%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 548 Ravelston Avenue E, Winnipeg

Property Overview

This 4-level split home at 548 Ravelston Avenue E in Winnipeg's Kern Park neighborhood presents a compelling blend of space, location, and value. Built in 1961, it features 1,842 sqft of living area—a size that places it in the top 3% of homes both on its street and in the wider Kern Park area. The property sits on a 4,899 sqft lot and includes a renovated basement and a detached garage.

Key Characteristics & Appeal

The primary appeal of this home lies in its generous interior space relative to its immediate surroundings. With significantly more square footage than most comparable homes in Kern Park, it offers room to grow without the premium often associated with newer, larger subdivisions. The renovated basement adds modern, functional living space. Its assessed value is above average for the neighborhood, suggesting a solid investment in a well-regarded area, while remaining around the city-wide average, indicating a balanced price point.

This property would suit buyers who prioritize interior space over a massive yard, perhaps young families looking for room to expand within an established community. It also appeals to value-conscious purchasers seeking a home that stands out in its local market for size without being the most expensive property on the block. A less obvious advantage is the home's age; built in 1961, it is newer than many area comparables, potentially meaning fewer immediate updates than older homes and a design that aligns more closely with modern living patterns.

Frequently Asked Questions

1. How does the home's size compare to others in Winnipeg?
At 1,842 sqft, the living area is above the city-wide average (1,342 sqft), placing it within the top 16% of homes in Winnipeg for size.

2. What does the "Top 3%" ranking for living area in Kern Park mean?
It means this home has more living space than approximately 97% of comparable homes in the Kern Park neighborhood, making it a notably spacious option in the area.

3. Is the assessed value a reliable indicator of the selling price?
The assessed value ($371,000) is used for property tax calculation and is one data point. Market conditions, the home's specific condition, and recent upgrades ultimately determine the sale price. Historical sold price data for the area can provide additional context.

4. What are the potential implications of a detached garage?
A detached garage offers flexibility for use as a workshop or studio separate from the house but requires going outdoors to access your vehicle, which can be a consideration during Winnipeg winters.

5. Where can I find the exact historical sold price for this property?
The exact sold price history is available by request. You can provide your email via the "Get exact sold price history" button on the property page, and the accurate data will be sent to you manually, typically by the end of the same business day.

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