555 Victoria Avenue E

Kern Park, Winnipeg

Property score

60.2

Fair

Overall 60.2 · Newer than most nearby homes

1,037 sqft (top 37%) · Built in 1959 (12 yrs newer than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Near average

1% 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

60.2 is composed by the two sections below.

Property Score

51.5Fair
Living Area1,037 sqft52Fair
Year Built195943Low
Lot Size4,504 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

around average
1,037 sqft
0255075100
Same streetTop 49%Same areaTop 37%CitywideBottom 30%
Same street · Victoria Avenue E
#202 / 410
Top 49% · Avg 1,381 sqft
Same area · Kern Park
#233 / 629
Top 37% · Avg 1,047 sqft
Citywide · Winnipeg
#136,323 / 194,458
Bottom 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
330k
0255075100
Same streetTop 36%Same areaTop 19%CitywideBottom 39%
Same street · Victoria Avenue E
#148 / 410
Top 36% · Avg 447.8k
Same area · Kern Park
#117 / 629
Top 19% · Avg 288.2k
Citywide · Winnipeg
#118,620 / 194,458
Bottom 39% · Avg 390.1k

Year Built

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

Lot Size

above average
4,504 sqft
0255075100
Same streetTop 49%Same areaTop 29%CitywideBottom 34%

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

555 Victoria Avenue E — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 245 m), 1 parks (nearest 238 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 9/2024CA$350k–400k
Sold price

Same street

Top 23%

Same area

Top 5%

City-wide

Top 42%
Sold 12/2019CA$250k–300k
Sold price

Same street

Top 45%

Same area

Top 31%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 555 Victoria Avenue E, Winnipeg

Property Overview: 555 Victoria Avenue E, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, one-storey home in Kern Park, built in 1959. With 1,037 sqft of living space and a renovated basement, it offers functional, single-level living. The property sits on a 4,504 sqft lot, which is notably above average for the Kern Park neighbourhood, providing valuable outdoor space.

Its primary appeal lies in its solid positioning within a stable, established community. The home’s assessed value ranks in the top 19% for Kern Park, suggesting it is viewed favourably compared to area peers. The recent basement renovation adds modern livability without compromising the home’s original character. A thoughtful perspective is that this property represents a "middle-ground" find: it’s not the newest or largest on the street, but it outperforms many neighbourhood averages, offering a balance of space, condition, and location without a premium price tag.

This home would suit first-time buyers seeking a move-in-ready property with a manageable footprint, or downsizers looking for single-level living in a mature area. The above-average lot size also appeals to those who value private outdoor space for gardening or entertaining.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to the area?
The home’s assessed value of $330k is above the Kern Park average, placing it in the top 19% of similar neighbourhood properties. This indicates it is likely in better condition, better located, or has more desirable features than many area homes.

2. What is the significance of the lot size?
At 4,504 sqft, the lot is larger than the typical Kern Park property. This is a key advantage, offering more yard space than you might find in many comparable homes, which is a valuable and permanent asset.

3. What can the sale history tell us?
The home sold recently in late 2024. This provides a very current market price reference, making valuation straightforward and reducing uncertainty about what the market will bear compared to older, pre-pandemic sale data.

4. Is the basement renovation a full suite?
The listing notes a renovated basement but does not specify a separate kitchen or entrance. Buyers should verify the renovation’s scope, permits, and whether it creates a legal secondary suite or simply additional living space.

5. What are the trade-offs for a home of this age?
Built in 1959, the home benefits from established infrastructure and mature landscaping. The trade-off is that some original major systems (like plumbing, electrical, or the roof) may be nearing or past their typical lifespan, so a thorough inspection is advised to budget for potential updates.

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