Property score
43.6
Below average
Overall 43.6 · Older than most nearby homes
887 sqft (bottom 34%) · Built in 1915 (33 yrs older than avg)
Located in a average-income area with median household income of ~59.2k
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
Below average
33 yrs older than neighborhood avg.
Mother tongue
English · 51%Tagalog · 20%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
43.6 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: #46110014
$59K
Median household income
$69K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
38%
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
228 Forrest Avenue — 13 amenities found within 500 m, across 5 categories, including 3 dining (nearest 178 m), 1 education (nearest 111 m), 2 shopping (nearest 182 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 | Bottom 31% | Bottom 20% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 228 Forrest Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1915, offering a straightforward living space of 887 square feet on a 3,597 sqft lot. Its key characteristics include a detached garage and an unrenovated basement. The home’s assessed value is notably below average for the city, the Jefferson area, and even its own street.
The primary appeal lies in its position as an accessible entry point into the Winnipeg market. It represents a classic "value play"—a property where the price point is the main feature, offering room for equity growth through updates over time. It suits practical, budget-conscious buyers such as first-time homeowners willing to tackle gradual improvements, or investors looking for a rental property with a lower initial investment. The lot size is fairly typical for the immediate street, suggesting the potential isn't in the land size but in the affordability of the existing structure. A thoughtful perspective is that this home may appeal to those who prioritize low property taxes and a manageable footprint over modern finishes or larger square footage.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby averages?
The assessed value is significantly below averages for the street, neighborhood, and city. This typically reflects the home's age, smaller size, and condition (including the unrenovated basement) compared to other properties.
2. What does "Top X%" in the rankings mean?
It indicates the property's position relative to comparable homes. For example, "Top 88%" for assessed value on its street means its value is higher than only 12% of peers, placing it in the lower tier. This is a quick way to gauge how it stacks up in specific metrics.
3. When was it last sold and for approximately how much?
Based on available data, the property was last sold in August 2021 for an estimated range of $185,000 to $215,000.
4. What are the implications of an unrenovated basement?
An unrenovated basement means the space is in its original or utility state. It offers functional space for storage or mechanical systems but would require significant investment to finish as living space. It also presents a clear opportunity for a future owner to add value.
5. How does the living area compare to nearby homes?
At 887 sqft, the living area is slightly below the average for Forrest Avenue and the Jefferson area, but significantly smaller than the Winnipeg city-wide average. This confirms it's a more compact home, which is a factor in its pricing.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
