802 Leola Street

Kern Park, Winnipeg

Property score

59.8

Fair

Overall 59.8 · Larger but older than most nearby homes

1,156 sqft (top 22%) · Built in 1920 (27 yrs older 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: 2 schools, 6 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Above average

10% larger than neighborhood avg.

Year Built

Below average

27 yrs older 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

59.8 is composed by the two sections below.

Property Score

48.8Low
Living Area1,156 sqft60Fair
Year Built192016Low
Lot Size3,660 sqft46Low
Neighbourhood Sales Activity53Fair

Community Score

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

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: #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.

Rankings

Living Area

above average
1,156 sqft
0255075100
Same streetTop 16%Same areaTop 22%CitywideBottom 46%
Same street · Leola Street
#7 / 44
Top 16% · Avg 1,020 sqft
Same area · Kern Park
#139 / 629
Top 22% · Avg 1,047 sqft
Citywide · Winnipeg
#105,626 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

below average
230k
0255075100
Same streetBottom 9%Same areaBottom 18%CitywideBottom 13%
Same street · Leola Street
#40 / 44
Bottom 9% · Avg 291.5k
Same area · Kern Park
#513 / 629
Bottom 18% · Avg 288.2k
Citywide · Winnipeg
#169,054 / 194,458
Bottom 13% · Avg 390.1k

Year Built

below average
1920
0255075100
Same streetBottom 20%Same areaBottom 26%CitywideBottom 13%

Lot Size

around average
3,660 sqft
0255075100
Same streetTop 41%Same areaBottom 35%CitywideBottom 21%

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

802 Leola Street — 10 amenities found within 500 m, across 4 categories, including 2 education (nearest 235 m), 6 parks (nearest 103 m).

Search radius
🏫Education2
🌳Parks6
💪Sports1
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 2/2019CA$150k–200k
Sold price

Same street

Bottom 13%

Same area

Bottom 12%

City-wide

Bottom 8%
Sold 3/2016CA$150k–200k
Sold price

Same street

Bottom 13%

Same area

Bottom 12%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 802 Leola Street, Winnipeg

Property Overview: 802 Leola Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in Kern Park presents a straightforward opportunity centered on value and potential. Its key characteristic is a clear value proposition: with 1,156 sqft of living space, it offers above-average roominess for both its immediate street and the Kern Park neighborhood, yet it carries a below-average assessed value. This disconnect suggests a property priced for its condition rather than its size or location.

The appeal lies in its role as a canvas. The home features a functional detached garage and a standard city lot, but the unrenovated basement and 1920s vintage indicate it needs modernization. It suits practical buyers looking for an entry point into the market—investors, handy homeowners, or those willing to trade immediate comfort for long-term equity gain through renovations. A less obvious perspective is its appeal to buyers seeking "value density"; you get more interior space per dollar here than in many comparable areas, which is a significant advantage if you're willing to invest sweat equity or capital into updates.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's current state. The unrenovated condition and older age (built 1920) significantly lower its valuation compared to updated homes, reflecting the investment required to bring it to modern standards.

2. What does "above average" for living area really mean for this home?
It means the home's square footage is larger than most similar properties on its street and in Kern Park. You're getting more physical space than many neighbors, which is a permanent asset even if the finishes are dated.

3. Is the older year of build a major concern?
It comes with typical considerations for a century-old home: potential for outdated mechanical systems, insulation, and wiring. A thorough inspection is essential. However, the solid construction of the era and the character it brings can be a plus for the right buyer.

4. How reliable are the past sold price ranges shown?
The ranges are based on publicly available data. For precise historical sale figures, you must request the exact information directly, as the listing service verifies and provides this manually.

5. Who would this property not suit?
It would not suit buyers seeking a move-in-ready home without renovation projects. It's also likely a poor fit for those uncomfortable with the ongoing maintenance and potential unexpected repairs that can come with an older, unupdated property.

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