43.1
Below average
Property score
43.1
Below average
Overall 43.1
Smaller and older than most nearby homes
704 sqft (bottom 13%)
Built in 1930 (18 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 94.0
2-min walk to transit with 4 nearby routes
Within 500m: 8 dining spots, 1 healthcare facility, 1 shop, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Below average
18 yrs older 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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43.1 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
283 Matheson Avenue — 15 amenities found within 500 m, across 6 categories, including 8 dining (nearest 282 m), 1 healthcare (nearest 284 m), 1 shopping (nearest 361 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 33% | Bottom 35% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 283 Matheson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Jefferson neighborhood, built in 1930. With 704 square feet of living space and a recently renovated basement, it represents a highly efficient and manageable footprint. The lot size is modest at just over 3,200 square feet, which translates to less yard maintenance. Its assessed value is notably lower than the city-wide average, positioning it as an accessible entry point into the market.
The primary appeal lies in its affordability and simplicity. It suits first-time buyers seeking a straightforward, no-frills starter home, or investors looking for a rental property with lower upfront costs. The renovated basement adds functional living space, a valuable asset in a smaller home. A thoughtful perspective for the right buyer is the potential for a lower cost of living—smaller spaces mean lower utility bills and less expenditure on furnishings and upkeep. It’s a property for those who prioritize financial pragmatism and ease of maintenance over size.
Section 2: Frequently Asked Questions
1. Is this a "tiny home"?
While small at 704 sqft, it is larger than most defined "tiny homes." It is a compact, traditional bungalow, offering the essentials in a efficient layout without being overly cramped.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's smaller size, age, and the neighborhood's market conditions. In Jefferson, its assessment is around the average, but it falls below the average for the entire city, where larger, newer homes drive up the median.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand if it's a finished living space, a rental suite, or simply updated.
4. There's no garage. What are the parking options?
The property has no garage. Parking is likely via a driveway or on-street. Verifying the exact parking arrangement is important, especially in a neighborhood with smaller lots.
5. The home sold very recently (June 2024). Why is it back on the market?
The quick resale could be due to many neutral factors, such as an investor flipping it, a change in the previous buyer's circumstances, or a strategic sale by a renovator. It does not inherently indicate a problem with the property but is a point for due diligence.
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