Property score
49.4
Below average
Overall 49.4 · Compared with neighbourhood average
884 sqft (bottom 34%) · Built in 1951 (3 yrs newer than avg)
Located in a above-average income area with median household income of ~73k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 1 school, 2 shops, and 6 parks nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 18%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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49.4 is composed by the two sections below.
Property Score
Community Score
Jefferson
How to read: Share of sales in each ~$50k price band for “jefferson” (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: #46110015
$73K
Median household income
$77K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
31%
Single-person households
23%
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
227 Forrest Avenue — 13 amenities found within 500 m, across 5 categories, including 3 dining (nearest 196 m), 1 education (nearest 153 m), 2 shopping (nearest 163 m).
Jefferson · WPS public data · 2026
Annual incidents
40
2026
vs. city avg
+36%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
80%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 23% | Top 19% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 227 Forrest Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a spacious lot in Jefferson presents a practical and straightforward opportunity. Its key characteristics include a renovated basement, a detached garage, and a 1951 build. With 884 sqft of living space, it is a comfortably sized home that ranks around average for its immediate street and neighborhood, but sits below the citywide average, indicating a more modest and affordable scale.
The primary appeal lies in its value proposition and potential. The assessed value is notably below the city average, suggesting an accessible entry point into the Winnipeg market. The renovated basement adds immediate functional space without the need for initial work. The lot size is generous for the area, offering valuable outdoor space or future expansion potential relative to nearby properties. This home would suit first-time buyers seeking a manageable, no-fuss starter home, or practical investors looking for a rental property with a solid baseline condition. It’s a property for those who prioritize lot size and foundational upgrades over square footage or modern aesthetics.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 884 sqft, the living area is typical for Forrest Avenue and the Jefferson neighborhood, but is considered below average compared to homes across the entire city. This reflects its efficient, compact layout.
2. What does the assessed value indicate?
The assessed value is around average for the immediate area but falls in the lower third citywide. This typically signals a more affordable purchase price relative to the broader market, which can be attractive for budget-conscious buyers.
3. Has the property been updated recently?
The listing confirms the basement has been renovated. For specifics on the renovation’s age, quality, or updates to other major systems (roof, plumbing, electrical), a professional home inspection is recommended.
4. What is the neighborhood like?
Located in Jefferson, the property is on a street with homes of similar vintage and value. Recent sales data on the block shows activity, suggesting it is an established, active neighborhood.
5. Where can I find exact historical sale prices?
Exact sold prices are not publicly displayed in the provided data. The listing service offers to provide this precise history manually via email upon request, as noted in the details.
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