32.1
Below average
Property score
32.1
Below average
Overall 32.1
Smaller but newer than most nearby homes
720 sqft (bottom 6%)
Built in 1947 (19 yrs newer than avg)
Located in a below-average income area
with median household income of ~33.2k
Transit 94.0
2-min walk to transit with 4 nearby routes
Within 500m: 27 dining spots, 1 school, 2 healthcare facilitys, and 3 parks 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
Above average
19 yrs newer than neighborhood avg.
Mother tongue
English · 77%French · 5%
Past 10 years Earl Grey sales snapshot (~80% of all data)
529
295k
$299/sqft
1928
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32.1 is composed by the two sections below.
Property Score
Community Score
Earl Grey
How to read: Share of sales in each ~$50k price band for “earl grey” (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: #46110412
$33K
Median household income
$40K
Average household income
40%
Low income (LIM-AT)
0.3
Income inequality (Gini)
6.3
P90 / P10 ratio
74%
Single-person households
4%
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
511 Jessie Avenue — 40 amenities found within 500 m, across 7 categories, including 27 dining (nearest 79 m), 1 education (nearest 256 m), 2 healthcare (nearest 174 m).
Earl Grey · WPS public data · 2026
Annual incidents
46
2026
vs. city avg
+56%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 24% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 511 Jessie Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in the established Earl Grey neighbourhood, built in 1947. Its key characteristic is its modest 720 sqft living area, which is notably smaller than most comparable homes locally. However, this is balanced by a renovated basement and a land area of 4,801 sqft that is significantly larger than many lots in the immediate area. The home’s assessed value is relatively low, positioning it as an accessible entry point into the market.
The appeal lies in its potential as a starter home or a downsizing opportunity in a desirable neighbourhood. The large lot offers valuable outdoor space and future potential that is rare for homes of this size. It suits practical, value-conscious buyers—such as first-time purchasers, investors, or empty-nesters—who prioritize location and land size over interior square footage and are willing to update or expand the living space over time. A thoughtful perspective is that this property represents a "land play" with a liveable house included, appealing to those who see the long-term value in the parcel itself rather than just the current structure.
Section 2: Frequently Asked Questions
1. Is the house too small for practical living?
At 720 sqft, the main floor living area is compact. The renovated basement provides crucial additional space, making it functional for a small household, but those needing ample above-ground room should view the property in person.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home’s smaller size and older age relative to the broader Winnipeg market. It is more aligned with values in its specific local area, indicating its pricing is based on the immediate neighbourhood’s characteristics.
3. What does the "larger-than-average lot" mean for me?
The nearly 4,800 sqft lot is a standout feature, offering more yard space than most neighbours. This provides room for gardens, recreation, or future additions like a garage, deck, or even a home expansion, subject to zoning.
4. The home was built in 1947. What should I be concerned about?
While the basement has been renovated, a home of this age will likely have original elements (like plumbing, wiring, or windows) that may require updating. A thorough inspection is essential to understand the condition of these older systems.
5. Who are the typical buyers for a property like this?
It typically attracts first-time buyers seeking an affordable entry into a established neighbourhood, practical downsizers, or investors looking for a rental property with a strong land-to-structure ratio.
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