70.7
Good
Property score
70.7
Good
Overall 70.7
Larger and newer than most nearby homes
1,355 sqft (top 11%)
Built in 2018 (70 yrs newer than avg)
Located in a high-income area
with median household income of ~88k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 3 schools, 1 shop, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
32% larger than neighborhood avg.
Year Built
Above average
70 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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70.7 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
316 Seven Oaks Avenue — 9 amenities found within 500 m, across 5 categories, including 2 dining (nearest 395 m), 3 education (nearest 217 m), 1 shopping (nearest 405 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 35% | Top 23% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 316 Seven Oaks Avenue presents a distinct profile. Built in 2018, it is a notably modern property within its Jefferson neighbourhood and on its own street, where most homes are decades older. With 1,355 sqft of living space, it offers above-average roominess for the immediate area. The assessed value is strong relative to local peers, ranking in the top tiers for both the street and the neighbourhood. A key trade-off is the land size; at 2,500 sqft, the lot is significantly smaller than typical Winnipeg lots, which means minimal yard space but also less exterior maintenance.
Its appeal lies in its modern construction within an established area. Buyers gain a newer home that likely requires fewer immediate repairs or updates compared to the surrounding housing stock, offering move-in readiness and potential energy efficiency. This would suit first-time buyers or downsizers seeking a low-maintenance, modern home without venturing to the suburban fringe, or investors attracted by the desirability of a newer build in a mature community. It’s less suited for those prioritizing a large yard, extensive gardening, or outdoor privacy.
Frequently Asked Questions
Is the smaller lot size a major drawback?
It depends on your lifestyle. It means very little private yard space, which is a significant consideration for families or gardening enthusiasts. However, it translates to far less time and money spent on lawn care and landscaping, a notable advantage for those seeking low-maintenance living.
Why is the assessed value so high compared to nearby homes?
The primary reason is the home’s age. Being built in 2018, it avoids the depreciation and deferred maintenance common in much older homes, and it likely incorporates modern building standards and materials. The assessment reflects this newer condition and its above-average living area for the locale.
What does "basement, not renovated" mean?
This indicates the home has a basement, but it is in its original, unfinished state. It provides valuable utility and storage space but would require a full renovation to become a finished living area.
How reliable are the sold price ranges shown?
The ranges are based on publicly available data, which can sometimes be incomplete or estimated. For precise historical sale prices, you must request the exact data via the provided email service, which manually verifies the records.
The home is modern, but what about the neighbourhood's overall character?
The neighbourhood of Jefferson features primarily older, post-war homes. This property offers a contemporary living experience within that established setting. Buyers should appreciate the contrast and verify that nearby services and the general streetscape meet their expectations.
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