Property score
76.6
Good
Overall 76.6 · Larger and newer than most nearby homes
2,601 sqft (top 1%) · Built in 1962 (14 yrs newer than avg)
Located in a above-average income area with median household income of ~83k
Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 9 dining spots, 1 healthcare facility, 4 shops, and 4 parks nearby
Living Area
Above average
153% larger than neighborhood avg.
Year Built
Above average
14 yrs newer than neighborhood avg.
Mother tongue
English · 76%Tagalog · 6%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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76.6 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: #46110903
$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
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
248 Mcadam Avenue — 22 amenities found within 500 m, across 7 categories, including 9 dining (nearest 118 m), 1 healthcare (nearest 119 m), 4 shopping (nearest 204 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 5% | Top 4% | Top 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
248 Mcadam Avenue is a spacious, well-situated two-storey home in Winnipeg's Jefferson neighbourhood. Its primary appeal lies in its exceptional size relative to its surroundings, offering a rare amount of interior space on a generous lot. The home features an attached garage and a renovated basement.
Key Characteristics & Ideal Buyer
The standout feature of this property is its living area of 2,601 sqft, which places it in the top 1% of homes both on its street and within the Jefferson area. This means it offers significantly more space than typical local comparables, which average around 1,000-1,200 sqft. Built in 1962, it is a newer construction compared to many homes in the immediate vicinity. The lot size of 5,747 sqft is also above average for the Jefferson area. With a recently renovated basement, the home presents a move-in-ready canvas that balances original neighbourhood character with modern updates.
This home would best suit buyers who prioritize interior square footage and a larger property lot within a well-established community. It’s ideal for growing families needing ample room or for those who value space for hobbies, entertaining, or a home office. The property’s assessed value is notably higher than local averages, suggesting it is a premium offering in its micro-market, appealing to buyers looking for a long-term home in a stable area rather than a starter property.
Frequently Asked Questions
1. How does the property’s value compare to the city as a whole?
While the home is a top-tier property within its own neighbourhood and area, its assessed value is around the city-wide average. This indicates you are acquiring a home with above-local-average size and characteristics at a price that aligns with the broader Winnipeg market.
2. What is the significance of the home being newer than area averages?
Built in 1962, the home is notably younger than many neighbours. This can suggest updated infrastructure (like plumbing and electrical) compared to much older homes, potentially reducing the need for major system upgrades in the near term.
3. What can recent sold prices tell us?
The home sold in May 2022 for between $365,000 and $395,000. This recent transaction provides a concrete benchmark for its market value, showing active demand for premium properties in this location.
4. Is the renovated basement a legal suite?
The listing notes a "renovated basement" but does not specify it as a legal secondary suite. Buyers should verify its current configuration and compliance with local regulations if considering rental income potential.
5. How does the lot size impact the property?
At nearly 5,750 sqft, the lot is larger than most in Jefferson. This offers more private outdoor space, potential for landscaping or gardening, and a greater sense of separation from neighbouring homes compared to tighter lot lines.
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