Property score
64.0
Fair
Overall 64.0 · Larger and newer than most nearby homes
1,188 sqft (top 20%) · Built in 1978 (31 yrs newer than avg)
Located in a above-average income area with median household income of ~87k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Above average
31 yrs newer than neighborhood avg.
Mother tongue
English · 80%French · 5%
Past 10 years Kern Park sales snapshot (~80% of all data)
243
294.5k
$314/sqft
1947
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64.0 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110853
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
561 Regent Avenue E — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 334 m), 1 parks (nearest 183 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 40% | Bottom 44% | Bottom 21% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 46% | Bottom 28% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 561 Regent Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Kern Park offers a practical and modernized living space. Its key characteristic is a recently renovated basement, adding valuable finished square footage to the 1,188 sqft main living area. Built in 1978, the home is notably newer than most in its immediate neighborhood and on its street, suggesting updated building systems and potentially fewer major maintenance concerns compared to older stock.
The appeal lies in its above-average size for the Kern Park area and its position as a move-in-ready opportunity due to the basement renovation. It sits on a standard city lot, offering manageable outdoor space. The property would suit first-time buyers or downsizers seeking a low-maintenance, updated home in a central Winnipeg neighborhood without the premium price tag of a brand-new build. Its assessed value is modest relative to the citywide average, indicating a potentially accessible entry point into the market. A thoughtful perspective is that while the lot size is smaller than the city average, it translates to less yard work and lower exterior maintenance costs, which can be a hidden benefit for busy homeowners or those looking to minimize upkeep.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,188 sqft, this home provides more living area than the average Kern Park house (which averages about 1,047 sqft) and is significantly above the average for other homes directly on Regent Avenue E.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should inquire about the quality of the renovation, whether it includes a proper bathroom or kitchenette, and if all work was done with permits.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value for municipal taxes is $27,900, but recent sold price data from 2021 and 2016 shows it previously transacted in the low-to-mid $200,000s. Market conditions and the renovated basement will influence the current listing price.
4. What are the implications of the home being built in 1978?
This is a positive differentiator in this area, as it is decades newer than many neighboring homes. It likely means more modern wiring, plumbing, and insulation standards. However, a home of this age may still require updates to windows, roofing, or major appliances.
5. Are there any obvious concerns about the property's location?
The home is situated directly on Regent Avenue, which is a major arterial road. Buyers should consider potential traffic noise and assess parking, as the listing notes there is no garage.
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