Property score
40.7
Below average
Overall 40.7 · Smaller and older than most nearby homes
640 sqft (bottom 5%) · Built in 1942 (6 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 3 schools, 1 shop, and 1 park nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 14%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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40.7 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: #46110024
$72K
Median household income
$83K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
31%
Single-person households
24%
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
317 Perth Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 450 m), 3 education (nearest 121 m), 1 shopping (nearest 489 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 3% | Bottom 2% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 317 Perth Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Jefferson neighbourhood, built in 1942. Its key characteristic is its modest scale, with 640 sqft of living space, which places it well below average size for the street, area, and city. The assessed value of $180k is similarly positioned below local averages. The lot is a manageable 3,896 sqft, close to the average for Perth Avenue. A detached garage is noted.
The primary appeal lies in its accessibility as a true entry-point into homeownership. It suits buyers with a limited budget who prioritize getting onto the property ladder over square footage, or those seeking a minimalist footprint. Its below-average costs for taxes and utilities could be a significant draw. A less obvious perspective is its potential as a strategic hold in a mature neighbourhood; the lot itself represents a substantial portion of the property's value, offering future possibilities subject to local regulations. It would likely suit a first-time buyer, an investor looking for a straightforward rental property, or someone seeking a low-maintenance base in the city.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's smaller size and older age compared to the broader Winnipeg market. It is more in line with, though still below, the averages for Jefferson and Perth Avenue specifically.
2. What does the sold price history indicate?
Public records show a sale in February 2021 in the $115k-$145k range. This historical data points to a market entry point, but it's essential to request the exact sold price and consult a real estate professional for a current market valuation.
3. Is the house in need of major updates?
Given its age (built 1942), buyers should budget for potential updates to major systems like plumbing, electrical, or the roof. A thorough home inspection is strongly recommended to understand the condition and any needed investments.
4. Who would this property not be suitable for?
It would likely not suit buyers who need multiple bedrooms, dedicated home office space, or who have a growing family, due to the limited living area. Those looking for a modern, move-in-ready home without renovation projects may also want to consider other options.
5. What are the advantages of a smaller home like this?
Beyond the lower purchase price, advantages include reduced costs for heating, cooling, property taxes, and maintenance. It encourages a simpler lifestyle and can be easier and faster to clean, allowing owners more free time and financial flexibility.
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