Property score
36.4
Below average
Overall 36.4 · Smaller and older than most nearby homes
628 sqft (bottom 4%) · Built in 1906 (42 yrs older than avg)
Located in a above-average income area with median household income of ~73k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 school, 3 shops, and 6 parks nearby
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Below average
42 yrs older 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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36.4 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
241 Forrest Avenue — 13 amenities found within 500 m, across 5 categories, including 2 dining (nearest 239 m), 1 education (nearest 143 m), 3 shopping (nearest 211 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 13% | Bottom 12% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a compact, one-storey home built in 1906, situated on a standard city lot in the Jefferson neighbourhood. Its key defining characteristic is its modest scale, with a living area of 628 sqft that ranks it among the smaller homes in the area. The property presents a straightforward, no-frills profile: it has a basement that is not renovated, no garage, and no pool. Its assessed value is notably low compared to city-wide averages, reflecting its size and vintage.
The primary appeal lies in its affordability and potential as an entry point into the market. It suits first-time buyers or investors seeking a low-cost property with minimal financial barrier to entry. A thoughtful perspective is that its small size and unrenovated state offer a clear, manageable project for someone looking to add value through updates without the complexity of a larger home. Its age and location on a street with many similarly valued properties suggest it is part of a stable, established community rather than a rapidly changing area.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is based primarily on the home's very small square footage (under 650 sqft), its age (over 120 years old), and its lack of major renovations. It is priced for its existing condition and scale, not for potential.
2. What does the ranking data (e.g., "Top 94%") actually mean?
These rankings show how this property compares to others. For example, "Top 94%" for living area on its street means its size is in the bottom 6%—only 6% of homes on Forrest Avenue are smaller. It's a consistent indicator that this is a notably compact property at every comparison level.
3. Is this a good investment property?
Given its low assessed value and historically low sale prices, it could offer a very low entry cost for a rental investment. However, its age and condition mean maintenance costs should be carefully considered, and rental income would be appropriate for a small, basic unit.
4. What are the implications of such an old home?
Built in 1906, the home likely has older building materials and systems. While this adds character, it necessitates thorough inspections for foundational integrity, wiring, and plumbing. The unrenovated basement also indicates a potential area for future improvement or moisture management.
5. The sold price history shows a range. How can I get the exact figure?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request the precise history via email from the site, which they provide manually without using your email for unsolicited marketing.
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