551 Victoria Avenue E

Kern Park, Winnipeg

Property score

59.5

Fair

Overall 59.5 · Newer than most nearby homes

1,003 sqft (top 46%) · Built in 1959 (12 yrs newer than avg)

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

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Above average

12 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

59.5 is composed by the two sections below.

Property Score

50.4Fair
Living Area1,003 sqft52Fair
Year Built195943Low
Lot Size4,404 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

around average
1,003 sqft
0255075100
Same streetBottom 44%Same areaTop 46%CitywideBottom 26%
Same street · Victoria Avenue E
#229 / 410
Bottom 44% · Avg 1,381 sqft
Same area · Kern Park
#292 / 629
Top 46% · Avg 1,047 sqft
Citywide · Winnipeg
#143,181 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
321k
0255075100
Same streetTop 42%Same areaTop 23%CitywideBottom 36%
Same street · Victoria Avenue E
#173 / 410
Top 42% · Avg 447.8k
Same area · Kern Park
#147 / 629
Top 23% · Avg 288.2k
Citywide · Winnipeg
#124,763 / 194,458
Bottom 36% · Avg 390.1k

Year Built

above average
1959
0255075100
Same streetTop 33%Same areaTop 27%CitywideBottom 40%

Lot Size

around average
4,404 sqft
0255075100
Same streetBottom 49%Same areaTop 33%CitywideBottom 33%

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

551 Victoria Avenue E — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 240 m), 1 parks (nearest 225 m).

Search radius
🏫Education1
🌳Parks1

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 4/2022CA$350k–400k
Sold price

Same street

Top 28%

Same area

Top 7%

City-wide

Top 46%

Related homes

Highlights & common questions: 551 Victoria Avenue E, Winnipeg

Property Overview

This one-storey home at 551 Victoria Avenue E in Winnipeg's Kern Park neighborhood presents a practical and renovated living space. Built in 1959, its key characteristics include just over 1,000 square feet of living area, a renovated basement, and a detached garage on a 4,404 sqft lot. The appeal lies in its solid foundation as a move-in ready, single-level home with modern updates below grade. Its assessed value is notably above average for Kern Park, suggesting it is a well-regarded property within its immediate area.

This home would suit first-time buyers or downsizers looking for a manageable, updated space without the upkeep of a larger property. It also represents a sensible choice for an investor or buyer seeking a home in a neighborhood where the property stands out relative to local averages, offering potential stability.

Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 1,003 sqft, the living area is close to the city-wide average but is slightly below the average for Kern Park specifically. This indicates a more compact, efficient layout compared to some neighbors, which can mean lower utility costs and less maintenance.

2. What does the above-average assessment in Kern Park indicate?
With an assessed value ranking in the top 23% for the neighborhood, this suggests the property is viewed as a higher-quality asset within Kern Park compared to many surrounding homes. This could be due to the renovations, lot placement, or overall condition.

3. Is the basement renovation reflected in the living area square footage?
No. The 1,003 sqft living area refers to above-grade space. The renovated basement is additional, functional space that adds value but is not included in the official living area calculation.

4. What is the significance of the detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the home's living space. It may also present future opportunities (like a studio conversion) subject to local bylaws.

5. The sold price history shows a range. How can I get the exact figure?
The exact sold price is available upon request from the listing service. You can provide your email to receive the precise figure, as this data is manually verified from official records to ensure accuracy.

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