Property score
45.9
Below average
Overall 45.9 · Smaller than most nearby homes
825 sqft (bottom 28%) · Built in 1947 (1 yr older than avg)
Located in a average-income area with median household income of ~59.2k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 1 school, 3 shops, and 5 parks nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Below average
1 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
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45.9 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
246 Forrest Avenue — 13 amenities found within 500 m, across 5 categories, including 3 dining (nearest 248 m), 1 education (nearest 100 m), 3 shopping (nearest 249 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 | Top 23% | Top 19% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 246 Forrest Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, renovated one-storey home in the Jefferson neighbourhood, built in 1947. With 825 sqft of living space and a detached garage, it sits on a standard city lot of just over 4,300 sqft. The home’s key updated feature is its renovated basement, adding functional space. The data reveals a property that is consistently average or slightly below average for its immediate street and neighbourhood in terms of size, value, and lot dimensions, but sits well below the city-wide averages for living space and assessed value. This positioning is central to its appeal: it represents an affordable, manageable entry point into the Winnipeg market with recent updates. It would suit first-time buyers, downsizers, or practical investors looking for a low-maintenance, updated property without the premium of a larger or newer home. A thoughtful perspective is that its "average for the area" status offers stability and predictability, reducing the risk of being over-improved for the block, while the renovated basement provides immediate utility without a project list for the new owner.
Frequently Asked Questions
1. What does the assessed value tell me about the likely selling price?
The assessed value is a municipal figure for tax purposes and is often lower than market value. Recent sold prices on the same street can be a more direct guide, but market conditions ultimately determine the final price.
2. Is the living space too small?
At 825 sqft, it is notably smaller than the Winnipeg average. However, it is close to the average for Forrest Avenue itself. This makes it a right-sized home for the specific block and ideal for those seeking efficient, easy-to-maintain living space.
3. What are the advantages of a home built in 1947?
Homes from this era often feature solid construction and simpler, more adaptable floor plans. The recent basement renovation also means a major component has been modernized, potentially addressing common concerns with older foundations.
4. How does the detached garage impact the property?
A detached garage offers flexibility—it can be used for parking, storage, or as a workshop without concerns about fumes or noise in the house. It may also provide future potential for the lot, though local bylaws would apply.
5. The data shows it ranks "below average" city-wide. Is that a concern?
Not necessarily. This primarily reflects the home’s modest size and value compared to the entire city, which includes many newer, larger suburbs. Within its established neighbourhood and on its own street, it is competitive and typical, which can be a sign of a stable, integrated property.
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