72.6
Good
Property score
72.6
Good
Overall 72.6
Larger than most nearby homes
2,055 sqft (top 1%)
Built in 1950 (2 yrs newer than avg)
Located in a above-average income area
with median household income of ~83k
Transit 94.0
1-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
Above average
100% larger than neighborhood avg.
Year Built
Near average
2 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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72.6 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
291 Matheson Avenue — 15 amenities found within 500 m, across 6 categories, including 8 dining (nearest 317 m), 1 healthcare (nearest 317 m), 1 shopping (nearest 392 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 18% | Top 12% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 291 Matheson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Matheson Avenue in the Jefferson area presents a compelling blend of space, location, and value. Its key characteristic is its generous 2,055 sqft of living area, which places it in the top 6% of homes on its street and the top 1% within the Jefferson area itself. This significant above-average space is complemented by a renovated basement and a detached garage. Built in 1950, the home is newer than many on its street but is a mature property, suggesting a well-established neighborhood feel.
The appeal lies in its standout proportions for the immediate area, offering more interior room than most comparable homes. With an assessed value that ranks in the elite top 5% on Matheson Avenue and top 2% in Jefferson, it is positioned as a premium property within its local context, though it sits around the city-wide average. This creates an interesting value proposition: you are acquiring a leading home in a specific community rather than an ultra-high-end city property. The lot size is solid and above average for Jefferson, providing good outdoor space.
This property would ideally suit buyers looking for a spacious family home in a mature neighborhood, who prioritize interior square footage and the potential of a renovated basement. It’s for those who value being a big fish in a local pond—owning one of the larger, more valuable homes on the block and in the community—rather than chasing the city's most exclusive postal codes.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the last sold price?
The home sold in July 2020 for between $325,000 and $355,000. Its current assessed value is $402,000, which indicates significant appreciation in line with market trends over the past five years.
2. Is the house unusually large for the neighborhood?
Yes. The living area is notably larger than the average for both Matheson Avenue and the wider Jefferson area, placing it in the top tier locally. This means you get more house for the area, but also that future resale will be compared to typically smaller homes.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify with the selling agent to understand if it’s a finished living space, a modernized utility area, or something in between.
4. How does the lot size compare?
At 5,437 sqft, the lot is above average for the Jefferson area but around the average for the specific street. It provides a decent outdoor footprint typical for the block.
5. The home is older; should I be concerned about major updates?
Built in 1950, it is newer than many homes on Matheson Avenue. However, being 76 years old, the condition of major systems (like roof, plumbing, electrical) and the extent of modernizations beyond the basement renovation are critical factors for a professional inspection to address.
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