243 Jefferson Avenue

Jefferson, Winnipeg

Property score

40.1

Below average

Overall 40.1 · Older than most nearby homes

1,056 sqft (top 41%) · Built in 1927 (21 yrs older than avg)

Located in a below-average income area with median household income of ~40k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 3 schools, 1 healthcare facility, and 2 shops nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 73%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

40.1 is composed by the two sections below.

Property Score

44.2Low
Living Area1,056 sqft52Fair
Year Built192720Low
Lot Size3,876 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

34.0Low
Household Income40Low
Education Level44Low
Housing Stress5Low
Core Housing Need5Low
Employment Health42Low

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: #46110022

Community deep dive

$40K

Median household income

$49K

Average household income

31%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.6

P90 / P10 ratio

51%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)521
Labour force participation rate51%
Median age42.0
Avg household size1.9
Unemployment rate11%
Population density4341 / km²

Households & income

Low income (LIM-AT, % pop.)31%
Single-person households51%
Couple families with children14%
Median household income (2020)$40K

Housing

Renter households74%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority19%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 73%
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

around average
1,056 sqft
0255075100
Same streetTop 41%Same areaTop 41%CitywideBottom 34%
Same street · Jefferson Avenue
#205 / 496
Top 41% · Avg 1,029 sqft
Same area · Jefferson
#1,128 / 2,763
Top 41% · Avg 1,029 sqft
Citywide · Winnipeg
#127,831 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
275k
0255075100
Same streetBottom 38%Same areaBottom 39%CitywideBottom 23%
Same street · Jefferson Avenue
#306 / 496
Bottom 38% · Avg 299.2k
Same area · Jefferson
#1,682 / 2,763
Bottom 39% · Avg 282.9k
Citywide · Winnipeg
#149,786 / 194,458
Bottom 23% · Avg 390.1k

Year Built

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

Lot Size

below average
3,876 sqft
0255075100
Same streetBottom 29%Same areaBottom 22%CitywideBottom 24%

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

243 Jefferson Avenue — 14 amenities found within 500 m, across 6 categories, including 4 dining (nearest 128 m), 3 education (nearest 314 m), 1 healthcare (nearest 493 m).

Search radius
🍽️Dining4
🏫Education3
🏥Healthcare1
🛒Shopping2
🌳Parks3
Fuel Stations1

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 8/2017CA$200k–250k
Sold price

Same street

Bottom 17%

Same area

Bottom 25%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 243 Jefferson Avenue, Winnipeg

Property Overview: 243 Jefferson Avenue

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1927, offering 1,056 square feet of living space with a renovated basement. It sits on a standard city lot of just under 4,000 square feet. The home lacks a garage or pool. Its core appeal lies in its practicality and position as a straightforward, entry-level property in an established neighbourhood. The renovated basement adds functional living space, which is a significant asset in a home of this size.

The data reveals a nuanced picture: while the living area is squarely average for the immediate area, the home’s assessed value is notably lower than the Winnipeg citywide average. This combination suggests a property that is priced accessibly relative to the broader market, potentially offering value for a buyer who prioritizes location and function over size or modern features. It would suit a first-time homebuyer, an investor looking for a rental property, or someone seeking a low-maintenance, no-frills home in a central location. A thoughtful perspective is that a home of this vintage, while older, often comes with a character and lot location that newer infill properties may lack, offering a different kind of value rooted in established streetscapes.

Section 2: Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value (listed as $27,500) is for municipal tax purposes. The market value—what a buyer would pay—is determined by current market conditions and can be significantly higher, as hinted by the provided citywide average for comparable homes.

2. What does the ranking data (e.g., "Top 41%") actually tell me?
It shows how this property compares to others in its peer group. For example, "Top 41% for Living Area" on its street means about 59% of similar homes on Jefferson Avenue are larger, while 41% are smaller. It’s a quick way to see if a feature is above or below the local norm.

3. The home sold in 2017 for between $19.5k and $22.5k. Why would the price be so different today?
The 2017 sale price is a historical reference point and not a guide to current value. Market conditions, inflation, and any improvements made to the property since then would result in a very different price today.

4. There’s no garage. Is street parking readily available?
The listing does not specify parking arrangements. This is a critical question for a potential buyer to investigate directly, as on-street parking availability can vary significantly by street and city zone.

5. What is implied by the home having a "renovated basement" in a 1927 build?
While this adds valuable finished space, it’s wise to inquire about the scope and quality of the renovation, particularly regarding moisture control, ceiling height, permits, and the type of heating/cooling extended to the basement. In older homes, basement updates can range from cosmetic to full foundational upgrades.

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