49.7
Below average
Property score
49.7
Below average
Overall 49.7
Smaller but newer than most nearby homes
605 sqft (bottom 2%)
Built in 2007 (59 yrs newer than avg)
Located in a high-income area
with median household income of ~88k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 3 dining spots, 3 schools, 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
41% smaller than neighborhood avg.
Year Built
Above average
59 yrs newer than neighborhood avg.
Mother tongue
English · 65%Tagalog · 17%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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49.7 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: #46110023
$88K
Median household income
$97K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
24%
Single-person households
31%
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
308 Seven Oaks Avenue — 11 amenities found within 500 m, across 5 categories, including 3 dining (nearest 365 m), 3 education (nearest 224 m), 1 shopping (nearest 375 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 5% | Bottom 12% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 308 Seven Oaks Avenue
Section 1: Key Characteristics & Appeal
This is a compact, modern one-storey home built in 2007, offering a distinct profile in its Jefferson neighbourhood. Its key characteristic is its contemporary age—it ranks in the top 4% for year built on its street and in the area, making it a notably newer construction amidst much older housing stock. The home features a renovated basement and a modest 605 sqft of living space, which is significantly smaller than area averages. The lot size is also compact at 2,500 sqft. Its assessed value is consistent with local norms for Jefferson.
The appeal lies in its modern building systems and low-maintenance potential compared to century-old homes, all at an accessible value point. It suits first-time buyers seeking a manageable, newer property without major renovation concerns, or investors looking for a modern rental asset in an established area. A thoughtful perspective is that this home represents efficient use of space; its below-average size and lot translate to lower utility costs and less upkeep, appealing to minimalist living or those looking to maximize equity in the structure itself rather than the land.
Section 2: Frequently Asked Questions
1. Is the price competitive for a home this new?
Yes. While the home is newer than nearly all in the area, its assessed value aligns with the local Jefferson average, suggesting the market values it in line with its smaller size and lot.
2. What does "renovated basement" include?
The listing confirms a renovated basement but does not specify finishes or layout. This should be verified with a viewing or direct inquiry to understand if it’s finished living space or an updated utility area.
3. How does the small living area impact livability?
At 605 sqft, the home is cozy. It will suit individuals, couples, or those comfortable with efficient space planning. The renovated basement may provide additional functional space if finished.
4. Why is the city-wide assessed value average so much higher?
The city-wide average includes all home types across all neighbourhoods. Jefferson’s assessed values are generally lower, making this home typical for its specific area but below the broader Winnipeg average.
5. Where can I find exact historical sale prices?
The exact sold price history is not publicly displayed. As noted on the detail page, you can request this information directly via email from the site, which provides manually verified data.
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