Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Jefferson Avenue): Below Average. Ranked #193 out of 210 (Bottom 8%). The street average for comparable homes is 908 sqft.
Neighborhood Level (Garden City): Below Average. Ranked #57 out of 74 (Bottom 23%). The neighborhood average for comparable homes is 870 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #24,428 out of 26,841 (Bottom 9%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Jefferson Avenue): Below Average. Ranked #196 out of 210 (Bottom 7%). The street average for comparable homes is 165.5k.
Neighborhood Level (Garden City): Below Average. Ranked #60 out of 74 (Bottom 19%). The neighborhood average for comparable homes is 218.9k.
Citywide Level (Winnipeg): Below Average. Ranked #25,699 out of 26,841 (Bottom 4%). The citywide average for comparable homes is 276.9k.
Street Level (Jefferson Avenue): Below Average. Ranked #169 out of 210 (Bottom 20%). The street average for comparable homes is 1974.
Neighborhood Level (Garden City): Around Average. Ranked #33 out of 74 (Top 45%). The neighborhood average for comparable homes is 1984.
Citywide Level (Winnipeg): Below Average. Ranked #24,768 out of 26,841 (Bottom 8%). The citywide average for comparable homes is 1990.
Garden City market pulse
How to read: Share of sales in each ~$50k price band for “garden city” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
10-610 Jefferson Avenue — 10 amenities found within 500 m, across 5 categories, including 1 dining (nearest 117 m), 3 education (nearest 70 m), 1 shopping (nearest 84 m).
Crime & safety
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Related homes
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Similar assessed value
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Is this home right for you?
Property Overview
This is a 650 sqft condominium located at 10-610 Jefferson Avenue in Winnipeg's Garden City neighborhood. Built in 1960, it is a compact, no-basement unit. The data consistently shows this property sits in the lower percentiles for size, assessed value, and age compared to its immediate street, neighborhood, and the wider city. Its most recent recorded sale was in late 2022.
Key Characteristics & Appeal
The primary appeal of this property is its exceptionally low financial barrier to entry. With an assessed value significantly below area averages, it represents one of the most affordable paths to homeownership in Winnipeg. Its compact size translates to minimal upkeep and very low utility costs, suiting a minimalist or essentials-only lifestyle. The unit is likely part of a small, older condo complex on Jefferson Avenue, offering a sense of community without the maintenance responsibilities of a house.
This property would best suit a very specific buyer: a first-time purchaser or investor with a strict focus on absolute lowest cost. It’s a practical option for someone who views a home primarily as a financial stepping stone or a functional shelter, rather than a space for entertaining or growing into. The buyer must be comfortable with a smaller, older unit where value is derived almost entirely from cost savings and potential equity building, not from features, space, or modern finishes.
Frequently Asked Questions
1. Why is the assessed value so much lower than the averages?
The assessed value reflects the property's older age, compact size (650 sqft), lack of a basement, and its position within its specific condo complex and older neighborhood block. It is assessed in line with similar, very modest units.
2. What type of condo fees or maintenance costs should I expect?
While specific fees are not listed here, properties of this age and value typically have condo fees covering essential building maintenance and possibly some utilities. It is crucial to review the condo corporation's financial health, reserve fund, and fee breakdown for any special assessments or planned major repairs.
3. Is this a good investment property?
Its low entry cost could offer a high capitalization rate if rented, but potential returns must be weighed against the older building's maintenance needs, condo fee structure, and the unit's appeal to a limited tenant pool seeking very small, basic accommodations.
4. How does the 2022 sale price relate to the current assessed value?
The sold price range (9.5k-12.5k) aligns closely with the current 11.9k assessment, indicating stable, low-value market conditions for this specific unit type over the past few years.
5. What are the less obvious considerations before viewing?
Prospective buyers should prioritize understanding the condo rules (e.g., rental restrictions), soundproofing between units in an older building, in-suite storage options without a basement, and the long-term maintenance plan for aging building systems like plumbing and roofing, which could impact future fees.