42.8
Below average
Property score
42.8
Below average
Overall 42.8
Smaller and older than most nearby homes
628 sqft (bottom 3%)
Built in 1910 (37 yrs older 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: 2 schools, 7 parks, 1 sports facility, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Below average
37 yrs older than neighborhood avg.
Mother tongue
English · 82%French · 4%
Past 10 years Kern Park sales snapshot (~80% of all data)
243
294.5k
$314/sqft
1947
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42.8 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: #46110839
$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
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
808 Leola Street — 11 amenities found within 500 m, across 4 categories, including 2 education (nearest 253 m), 7 parks (nearest 78 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 | Bottom 35% | Bottom 34% | Bottom 18% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 4% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 808 Leola Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Kern Park neighborhood, built in 1910. With 628 square feet of living space, it is notably smaller than most homes in the area and across the city. Its key features include a renovated basement and a detached garage. The lot size is fairly standard for the local street at 3,660 sqft.
The primary appeal lies in its accessibility and potential as an entry point into the housing market. With a historically low assessed value and corresponding sold prices, it represents one of the most affordable single-family home options available. It suits a very specific buyer: those seeking minimal square footage and lower property taxes, such as a first-time buyer on a tight budget, an investor looking for a straightforward rental property, or someone seeking a modest, low-maintenance footprint. Its renovated basement adds functional space, which is a crucial upgrade given the home's smaller main floor.
A less obvious perspective is that its age and size position it as a potential candidate for a careful expansion or modernization (subject to permits and investment), offering a blank canvas for the right buyer. Additionally, its consistently below-average metrics mean carrying costs like taxes and utilities are likely proportionally lower, which is a practical long-term advantage.
Frequently Asked Questions
1. Is this a tiny home?
While not marketed as such, its living area of 628 sqft is significantly below the city average, placing it in a similar size category. It offers a traditional single-family home layout on its own lot, but with minimal interior space.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's smaller size, older age, and the lower average values within its specific neighborhood and street compared to the broader Winnipeg market.
3. What does "renovated basement" mean for a home this size?
A finished basement effectively doubles the usable living area, which is essential in a home with a smaller main floor. It's a critical feature that adds functionality for living, storage, or rental potential.
4. Who would this property not suit?
It would not suit buyers needing multiple bedrooms, ample storage, or spacious common areas. Families or individuals who work from home without a dedicated office space may also find it too confined.
5. How reliable are the sold price ranges shown?
The ranges are based on publicly available data. For precise historical sale figures, you must request the exact sold price history via email from the listing service, as they manually verify and provide this detail.
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