Property score
42.2
Below average
Overall 42.2 · Smaller and older than most nearby homes
760 sqft (bottom 19%) · Built in 1920 (28 yrs older than avg)
Located in a above-average income area with median household income of ~73k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 school, 3 shops, and 5 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
28 yrs older than neighborhood avg.
Mother tongue
English · 66%Tagalog · 18%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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42.2 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: #46110015
$73K
Median household income
$77K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
31%
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
289 Forrest Avenue — 12 amenities found within 500 m, across 5 categories, including 2 dining (nearest 407 m), 1 education (nearest 224 m), 3 shopping (nearest 298 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 13% | Bottom 12% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
289 Forrest Avenue is a compact, one-storey home built in 1920, situated on a standard-sized lot in Winnipeg's Jefferson neighbourhood. Its key appeal lies in its position as an accessible entry point into the housing market. The home presents a straightforward, no-frills opportunity, with a detached garage and an unfinished basement offering basic utility and potential.
Key Characteristics & Ideal Buyer
This is a modestly-sized home at 760 sqft, which is smaller than most in its immediate area, neighbourhood, and city-wide. Its assessed value is notably below the city average, aligning more closely with the averages on its own street. This creates a specific dynamic: while the house itself is compact and dated, its value is anchored more by its location on Forrest Avenue than by its size or condition. The property would suit a pragmatic first-time buyer, an investor looking for a rental property with a lower entry cost, or someone seeking a minimal footprint. Its appeal is not in luxury or space, but in affordability and the chance to build equity in a well-located lot, with the understanding that any modern comfort or increased space would come from future investment and renovation.
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's smaller size, age, and unrenovated condition compared to the broader Winnipeg market. It is more in line with values on its own street, suggesting the local market for compact, older homes is priced differently than the city-wide average.
2. What does "below average" for living area mean for daily life?
With 760 sqft of living space, the home is cozier than many. It likely means fewer or smaller rooms, requiring efficient use of space. It's manageable for a single person, a couple, or a very small family comfortable with a simpler layout.
3. Is the unfinished basement a drawback or an opportunity?
It's both. It's not finished living space, so it doesn't add to the home's comfort or immediate functionality. However, it provides essential storage, mechanical space, and represents the single biggest opportunity to add value and usable square footage through a future renovation.
4. How does the year built (1920) affect the property?
A home of this age will likely have older building materials and systems. Buyers should budget for maintenance and updates. Conversely, it may be situated on a mature street with established trees and a settled neighbourhood feel that newer areas lack.
5. The home sold in 2021 for a much lower price. What does that indicate?
The prior sale price suggests the property has been a consistent entry-level option in the market. It highlights its role as an affordable asset. This history is important for understanding its market niche, but the current assessed value and market conditions will determine its present value.
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