Property score
54.4
Fair
Overall 54.4 · Smaller but newer than most nearby homes
803 sqft (bottom 26%) · Built in 2012 (64 yrs newer than avg)
Located in a above-average income area with median household income of ~73k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 3 shops, and 6 parks nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Above average
64 yrs newer 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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54.4 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
302 Forrest Avenue — 13 amenities found within 500 m, across 5 categories, including 2 dining (nearest 427 m), 1 education (nearest 240 m), 3 shopping (nearest 243 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% | Bottom 39% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
302 Forrest Avenue is a compact, modern one-storey home in Winnipeg's Jefferson neighbourhood. Built in 2012, it stands out as a significantly newer construction compared to most homes on its street and across the city. With 803 sqft of living space and a renovated basement, it offers efficient, low-maintenance living. The property sits on a modest 3,264 sqft lot and includes a detached garage. Its assessed value is notably strong for its immediate area, suggesting it is well-regarded relative to its older peers. The home last sold in March 2019.
Section 1: Key Characteristics & Appeal
This home’s primary appeal lies in its modern build within an established neighbourhood. Buyers gain the benefits of newer construction—such as updated building standards, newer mechanical systems, and likely fewer immediate repairs—without being in a brand-new subdivision. The renovated basement adds functional living space, making the smaller main floor footprint more versatile.
Its standout characteristic is the contrast between its metrics: while the living and land areas are below average for the area, its year built and assessed value are well above average. This indicates you’re purchasing not sheer size, but modern quality and condition in a mature setting. It would suit first-time buyers, downsizers, or investors seeking a turnkey property with minimal upkeep. It’s a practical choice for those who prioritize a newer, efficient home over a larger, older one that may require more attention and updating.
Section 2: Frequently Asked Questions
1. Is the smaller lot size a disadvantage?
While the lot is below average in size, it correlates with less yard maintenance—a plus for those seeking a low-maintenance lifestyle. The trade-off is less private outdoor space.
2. Why is the assessed value higher than many area homes?
The assessment strongly reflects the home’s modern age (2012) and condition compared to the predominantly mid-century housing stock in Jefferson. You are largely paying for the building’s newer infrastructure and finishes.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify finishes or layout. This should be verified in a viewing to understand if it’s a finished living space, a rental suite, or primarily updated storage and utility areas.
4. How does the 2019 sale price relate to today’s value?
The 2019 sale price provides a historical benchmark, but market conditions have shifted. The current assessed value ($33.10k) is the municipality’s estimate for taxation purposes and should be compared with recent sales of similar modern, compact homes for an accurate market value.
5. Who might this property not suit?
It may not suit buyers needing multiple bedrooms or large, dedicated living areas on one floor, or those desiring extensive garden space, a large garage, or an older home with character and expansion potential.
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