58.3
Fair
Property score
58.3
Fair
Overall 58.3
Smaller than most nearby homes
931 sqft (bottom 23%)
Built in 1992 (4 yrs newer than avg)
Located in a above-average income area
with median household income of ~83k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 1 shop, 5 parks, 2 bank/ATMs, 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
20% smaller than neighborhood avg.
Year Built
Near average
4 yrs newer than neighborhood avg.
Mother tongue
English · 63%Tagalog · 9%
Past 10 years Mission Gardens sales snapshot (~80% of all data)
456
413k
$355/sqft
1988
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58.3 is composed by the two sections below.
Property Score
Community Score
Mission Gardens
How to read: Share of sales in each ~$50k price band for “mission gardens” (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: #46110822
$83K
Median household income
$98K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.3
P90 / P10 ratio
27%
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
896 Kernaghan Avenue — 9 amenities found within 500 m, across 4 categories, including 1 shopping (nearest 356 m), 5 parks (nearest 269 m).
Mission Gardens · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Bottom 36% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 896 Kernaghan Avenue in Winnipeg's Mission Gardens neighbourhood presents a specific value proposition. Built in 1992, it is a newer construction compared to many Winnipeg homes. With 931 square feet of living space and a 3,927 sqft lot, its footprint is notably compact relative to neighbouring and city-wide averages. Its assessed value is closely aligned with typical homes in its immediate area.
The primary appeal lies in its efficiency and modern build. It suits first-time buyers or downsizers seeking a manageable, lower-maintenance property without the concerns of an older home's major systems. It’s a practical entry point into homeownership where the investment is in the structure's condition rather than expansive square footage. The compact lot could mean less yard work and lower exterior maintenance costs, a subtle benefit for those prioritizing simplicity.
A thoughtful perspective is that this property represents a "right-sized" home. In a market often focused on larger footprints, this home offers an opportunity for intentional living without overextending financially, potentially freeing up resources for other priorities.
1. Is the living space sufficient for a small family?
While the living area is below average for the neighbourhood, the layout and functionality are key. It may suit a small family or couple comfortably, but viewing the floor plan is essential to understand the flow and room sizes.
2. Why is the assessed value significantly lower than the city-wide average for comparable homes?
The city-wide average provided (approximately $390k) appears to be an outlier or error in the data presentation. The assessed value of $34,700 is directly in line with averages on its own street ($34,800) and in the Mission Gardens area ($37,300), indicating it is fairly assessed for its local market.
3. What are the implications of having a smaller lot?
The lot is smaller than most in the area. This typically translates to less outdoor maintenance and lower property tax obligations related to land value. However, it also means limited space for expansions, large gardens, or extensive outdoor recreation.
4. How does the 1992 build year affect the home?
A home built in 1992 benefits from modern construction standards, wiring, and insulation compared to much of Winnipeg's older housing stock. While not new, major components like the roof, windows, and furnace are likely from more recent decades, potentially deferring major replacement costs.
5. What is the neighbourhood like?
Mission Gardens appears to be an established neighbourhood with a mix of home sizes and ages. The close alignment of this home's assessed value with others on its street suggests a stable, consistent area without extreme property value fluctuations.
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