551 Harvard Avenue E

Kern Park, ਵਿਨੀਪਿਗ

Property score

57.1

Fair

Overall 57.1 · Compared with neighbourhood average

909 sqft (bottom 35%) · Built in 1958 (11 yrs newer than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, 6 parks, and 1 place of worship nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

13% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

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

57.1 is composed by the two sections below.

Property Score

44.4Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ909 sqft42Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ195843Low
ਜ਼ਮੀਨ4,400 sqft53Fair
Neighbourhood Sales Activity53Fair

Community Score

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

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Kern Park

How to read: Share of sales in each ~$50k price band for “kern park” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
909 sqft
0255075100
Same streetਹੇਠਲੇ 32%Same areaਹੇਠਲੇ 35%Citywideਹੇਠਲੇ 17%
Same street · Harvard Avenue E
#158 / 234
ਹੇਠਲੇ 32% · ਔਸਤ 1,631 sqft
Same area · Kern Park
#407 / 629
ਹੇਠਲੇ 35% · ਔਸਤ 1,047 sqft
Citywide · ਵਿਨੀਪਿਗ
#161,088 / 194,458
ਹੇਠਲੇ 17% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
289k
0255075100
Same streetਹੇਠਲੇ 37%Same areaਹੇਠਲੇ 49%Citywideਹੇਠਲੇ 26%
Same street · Harvard Avenue E
#148 / 234
ਹੇਠਲੇ 37% · ਔਸਤ 443.9k
Same area · Kern Park
#319 / 629
ਹੇਠਲੇ 49% · ਔਸਤ 288.2k
Citywide · ਵਿਨੀਪਿਗ
#143,334 / 194,458
ਹੇਠਲੇ 26% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1958
0255075100
Same streetਟਾਪ 10%Same areaਟਾਪ 33%Citywideਹੇਠਲੇ 39%

ਜ਼ਮੀਨ

ਔਸਤ
4,400 sqft
0255075100
Same streetਹੇਠਲੇ 42%Same areaਟਾਪ 35%Citywideਹੇਠਲੇ 32%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

551 Harvard Avenue E — 9 amenities found within 500 m, across 4 categories, including 1 education (nearest 121 m), 1 shopping (nearest 301 m), 6 parks (nearest 213 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks6
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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

4/2019 ਵਿਚ ਵਿਕਿਆCA$200k–250k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 28%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 41%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 20%

Related homes

ਵਿਨੀਪਿਗ 551 Harvard Avenue E — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This 1958 one-storey home in Kern Park offers a compact and efficient living space of 909 sqft on a 4,400 sqft lot. Its key appeal lies in its relative affordability and a recently renovated basement, presenting a practical, low-maintenance footprint. The home is positioned as an average property within its immediate neighborhood and street context, but stands out city-wide for its below-average living area and assessed value, which translates to a potentially lower price point and tax burden.

It would suit first-time buyers seeking an entry into the market, downsizers looking to simplify, or investors interested in a manageable rental property. A thoughtful perspective is that while the home is smaller than the city average, its newer build date (1958) compared to many on its street could mean fewer immediate concerns with aging infrastructure common in older Winnipeg homes. The value is in its functionality and location rather than size or premium finishes.

Frequently Asked Questions

1. Is the basement a legal suite?
The listing notes the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental income.

2. How does the lack of a garage affect parking and storage?
The property has no garage. This means all parking will be on-street or via a driveway (if present, check listing details), and storage solutions will need to be creative, potentially utilizing the renovated basement.

3. The assessed value seems low. What does that indicate?
The assessed value is below the city average, which generally correlates with lower property taxes. It reflects the home's smaller size and modest characteristics relative to the broader market, not necessarily its condition.

4. What are the implications of the home's "around average" rankings for the neighborhood?
In Kern Park, the home's metrics (size, value, lot) are typical. This suggests it fits the area's character and is unlikely to be over-improved or under-improved compared to neighbors, which can be an advantage for stable resale value.

5. The home sold in 2019. What can that price history tell me?
The 2019 sale price provides a historical benchmark, but market conditions have likely changed. It's most useful for understanding past turnover and should be combined with a current market evaluation to assess today's value.

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