Property score
32.4
Below average
Overall 32.4 · Older than most nearby homes
857 sqft (bottom 31%) · Built in 1920 (28 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
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
17% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Below average
28 yrs older than neighborhood avg.
Mother tongue
English · 73%Tagalog · 6%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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32.4 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110022
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
245 Jefferson Avenue — 14 amenities found within 500 m, across 6 categories, including 4 dining (nearest 138 m), 3 education (nearest 304 m), 1 healthcare (nearest 497 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 2% | ਹੇਠਲੇ 5% | ਹੇਠਲੇ 5% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 245 Jefferson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1920, offering 857 square feet of living space on a 3,876 sqft lot. Its most defining characteristic is its exceptionally low municipal assessed value, which ranks in the bottom 1-2% of the local area, street, and wider city. This indicates a property with significant room for modernization and value appreciation. The appeal lies squarely in its potential as a foundational investment—it’s a canvas for a renovator, builder, or investor. The lot size, while below area averages, is still substantial for its location.
It would best suit a buyer with a clear vision and budget for improvements, seeking an entry point into the Jefferson neighbourhood at a very low base cost. It’s a practical choice for an investor looking to add to a portfolio with a value-add project, or for an owner-occupant who prioritizes location and land value over move-in-ready condition. A less obvious perspective is that its low assessment could also appeal to someone interested in minimizing property tax liability in the near term, while controlling the pace and scale of their own upgrades.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby properties?
The assessed value is based on the property's current state as determined by the municipal assessor. A value this far below area averages strongly suggests the home requires significant updates, repairs, or modernization compared to its neighbours.
2. What does the sold price history indicate?
The home sold in September 2021 for an estimated range of $13.5k to $16.5k, which is consistent with its low assessed value. This recent sale price confirms it is positioned as a value-play property rather than a premium home.
3. Is this a teardown or a renovation project?
Given the age (106 years), size, and low value, it could be either. The decision would depend on a buyer's goals, budget, and the results of a thorough inspection. The existing structure may be suitable for a gut renovation, or the lot may hold value for a new build.
4. How does the living space compare to the area?
At 857 sqft, the living area is below the average for both Jefferson Avenue and the broader Jefferson area (where averages are around 1,029 sqft). This reinforces its status as a smaller, more modest home in its immediate context.
5. What are the immediate next steps for a serious buyer?
Securing the exact sale price from the listing service is a first step. Crucially, any offer should be conditional on a detailed home inspection and a clear understanding of renovation costs, zoning bylaws, and potential building plans to fully realize the property's potential.
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