231 Mcadam Avenue

Jefferson, Winnipeg

Property score

43.6

Below average

Overall 43.6 · Smaller and older than most nearby homes

712 sqft (bottom 14%) · Built in 1927 (21 yrs older than avg)

Located in a above-average income area with median household income of ~83k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 9 dining spots, 1 healthcare facility, 4 shops, and 4 parks nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 6%

Past 10 years Jefferson sales snapshot (~80% of all data)

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

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Property score

43.6 is composed by the two sections below.

Property Score

26.2Low
Living Area712 sqft22Low
Year Built192720Low
Lot Size3,848 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

69.7Good
Household Income78Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110903

Community deep dive

$83K

Median household income

$89K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

23%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)641
Labour force participation rate64%
Median age37.6
Avg household size2.7
Unemployment rate12%
Population density3373 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households23%
Couple families with children26%
Median household income (2020)$83K

Housing

Renter households25%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority25%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Tagalog · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
712 sqft
0255075100
Same streetBottom 9%Same areaBottom 14%CitywideBottom 4%
Same street · Mcadam Avenue
#302 / 331
Bottom 9% · Avg 1,184 sqft
Same area · Jefferson
#2,388 / 2,763
Bottom 14% · Avg 1,029 sqft
Citywide · Winnipeg
#186,184 / 194,458
Bottom 4% · Avg 1,342 sqft

Tax-Assessed Value

below average
229k
0255075100
Same streetBottom 14%Same areaBottom 16%CitywideBottom 13%
Same street · Mcadam Avenue
#285 / 331
Bottom 14% · Avg 296.5k
Same area · Jefferson
#2,320 / 2,763
Bottom 16% · Avg 282.9k
Citywide · Winnipeg
#169,413 / 194,458
Bottom 13% · Avg 390.1k

Year Built

below average
1927
0255075100
Same streetBottom 26%Same areaBottom 18%CitywideBottom 16%

Lot Size

below average
3,848 sqft
0255075100
Same streetBottom 20%Same areaBottom 21%CitywideBottom 23%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

231 Mcadam Avenue — 22 amenities found within 500 m, across 7 categories, including 9 dining (nearest 78 m), 1 healthcare (nearest 42 m), 4 shopping (nearest 117 m).

Search radius
🍽️Dining9
🏥Healthcare1
🛒Shopping4
🌳Parks4
🏦Finance1
Fuel Stations1
Worship2

Crime & Safety

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%

Sales History

Sold 8/2019CA$200k–250k
Sold price

Same street

Bottom 15%

Same area

Bottom 20%

City-wide

Bottom 12%

Related homes

Highlights & common questions: 231 Mcadam Avenue, Winnipeg

Property Overview

This one-storey home at 231 Mcadam Avenue in Winnipeg's Jefferson neighbourhood presents a specific and practical opportunity. Its key appeal lies in being an entry-point property with a recently renovated basement, offering functional living space at a scale that demands efficient use. Built in 1927, the 712 sqft house sits on a 3,848 sqft lot with a detached garage.

The home consistently ranks "below average" in size, value, and land area compared to local, neighbourhood, and city-wide benchmarks. This isn't necessarily a drawback, but rather defines its niche: it’s a modest, low-assessment base for someone looking to enter the market with lower property taxes. Its strongest suit is its renovated basement, which effectively adds usable square footage to the compact main floor.

This property would suit a first-time buyer, an investor looking for a manageable rental, or someone seeking a minimalist footprint without a major renovation project. It’s for a buyer who values practicality and affordability over size, and who sees potential in the existing renovation and the lot itself.


Frequently Asked Questions

What does "below average" in all the rankings actually mean for a buyer?
It confirms this is a modest, no-frills property. The lower assessed value typically translates to lower municipal property taxes, which can be a meaningful annual saving. It means you're purchasing a functional home, not a premium or expansive one.

The sold price history shows a sale around $18.5k–$21.5k in 2019. Is the price now similar?
List prices are determined by the current market and seller. The 2019 sale price is a historical data point that reflects the home's very low assessed value. A current listing price would be influenced by today's market conditions, the renovated basement, and comparable recent sales, which may differ significantly.

How usable is a 3,848 sqft lot?
At roughly 50 by 77 feet, it's a manageable size for a smaller home. It provides adequate private outdoor space for gardening, entertaining, or simple yard maintenance without being overwhelming. The detached garage also takes up a portion of this space.

Who would this home not be suitable for?
It would likely not suit a growing family needing multiple bedrooms and ample living space, or a buyer who prioritizes modern open-concept layouts. The compact main floor living area requires thoughtful furniture placement and organization.

What are the less obvious things to consider with a home from 1927?
While the basement is renovated, the core structure, plumbing, electrical, and insulation of the main floor are nearly 100 years old. A thorough inspection is crucial. Also, the architectural charm common to the era may be present, but so could the need for updates to windows, roofing, or foundational maintenance.

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