76.1
Good
Property score
76.1
Good
Overall 76.1
Larger and newer than most nearby homes
2,422 sqft (top 1%)
Built in 1960 (12 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: 6 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
135% larger than neighborhood avg.
Year Built
Above average
12 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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76.1 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
311 Matheson Avenue — 13 amenities found within 500 m, across 6 categories, including 6 dining (nearest 379 m), 1 healthcare (nearest 378 m), 1 shopping (nearest 450 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 2% | Top 1% | Top 18% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 10% | Top 7% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 311 Matheson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Matheson Avenue in the Jefferson area stands out for its generous proportions and established neighbourhood setting. Its key characteristic is significant above-average living space, with 2,422 sq ft ranking it in the top tier of homes locally. The property sits on a sizable 6,041 sq ft lot, offering ample outdoor space. While the basement is noted as unrenovated and the garage is detached, the home’s 1960 build date is relatively newer compared to many in the immediate area.
The appeal lies in securing a large, classic home in a mature community. It suits buyers looking for a project-ready canvas with good bones—specifically, those who value interior square footage and a large yard over modern, turn-key finishes. It would be ideal for a family planning gradual renovations, an investor seeing long-term value in a well-sized property, or a buyer who prioritizes spatial comfort and sees the unrenovated basement as an opportunity to customize rather than a drawback.
A less obvious perspective is the value of its "relative modernity" within its historic context; being built in 1960 may mean fewer concerns with antiquated building systems common in much older Winnipeg homes, potentially easing some renovation projects.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for Living Area actually mean?
It means this home's interior square footage is larger than approximately 98% of similar properties on Matheson Avenue and over 99% in the wider Jefferson area, making its living space a defining and rare feature for this location.
2. The assessed value seems low compared to the sold price history. Why?
Municipal assessed values in Manitoba are for tax purposes and often don't reflect current market value. The recent sold price range (2023) is a more accurate indicator of its market worth, showing it sells for a significant premium over its tax assessment.
3. Is the unrenovated basement finished or unfinished?
The listing specifies "not renovated," which typically indicates it is either unfinished or has original, dated finishes. This should be confirmed via a viewing, but it presents a blank slate for future development.
4. How does the 1960 build year affect the home?
While still an older home, it is notably newer than the neighbourhood average (1939 on this street). This could imply updates to original construction methods and materials, but a thorough inspection is still essential to understand the condition of the roof, wiring, plumbing, and insulation.
5. Who would this property NOT be suited for?
It likely wouldn't suit buyers seeking a move-in-ready home with modern, open-concept layouts and updated amenities. The unrenovated basement and the overall need for potential updates require a buyer comfortable with a project or willing to live with dated elements for a time.
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