Property score
60.3
Fair
Overall 60.3 · Larger than most nearby homes
1,191 sqft (top 26%) · Built in 1949 (1 yr newer than avg)
Located in a above-average income area with median household income of ~83k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 1 healthcare facility, 2 shops, and 4 parks nearby
Living Area
Above average
16% larger than neighborhood avg.
Year Built
Near average
1 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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60.3 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
262 Smithfield Avenue — 18 amenities found within 500 m, across 7 categories, including 7 dining (nearest 284 m), 1 healthcare (nearest 258 m), 2 shopping (nearest 305 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 44% | Top 49% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 262 Smithfield Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Smithfield Avenue in the Jefferson neighborhood presents a solid, grounded opportunity. Built in 1949, it offers 1,191 sqft of living space and sits on a 5,340 sqft lot, with a renovated basement and a detached garage. The appeal lies in its established neighborhood context and practical proportions. Compared to its immediate street and local area, the home consistently ranks above average in living space and lot size, suggesting it offers more room than many nearby alternatives. Its assessed value of $290k is positioned around the local average, indicating a fair market alignment without premium pricing.
This property would suit first-time buyers or practical downsizers looking for a character home with updated fundamentals (like the basement) in a mature area. It’s for buyers who value space and location over new construction, and who appreciate a home that holds its own within its specific community rather than chasing city-wide averages. A thoughtful perspective is that while its city-wide rankings for value and year built are lower, this primarily reflects the home’s placement in an older, more affordable part of the city—which can be an advantage for buyers seeking value and stability without the premium of newer subdivisions.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $290k is for municipal tax purposes and serves as a benchmark. The last recorded sale was between $245k-$275k in late 2019. The selling price will be determined by current market conditions, the home’s specific condition, and buyer demand.
2. Is the living space size typical for the area?
Yes. With 1,191 sqft, this home offers above-average living space compared to most immediate neighbors on Smithfield Avenue and within the Jefferson area, where comparable homes average about 1,030-1,035 sqft.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finishes, ceiling height, permits, and whether it includes a separate entrance or additional bedrooms.
4. How does the lot size compare?
The 5,340 sqft lot is slightly above average for the Jefferson neighborhood, providing a decent outdoor space. It is, however, closer to the average when compared just to homes on Smithfield Avenue itself.
5. The home was built in 1949. What should I consider?
While the basement has been renovated, a home of this age will likely have original or aging components elsewhere, such as the roof, windows, plumbing, or electrical systems. A thorough inspection is essential to understand the upkeep required and to plan for future updates.
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