Property score
43.4
Below average
Overall 43.4 · Smaller and older than most nearby homes
624 sqft (bottom 3%) · Built in 1945 (3 yrs older 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 1 park nearby
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Below average
3 yrs older 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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43.4 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: #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
323 Seven Oaks Avenue — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 436 m), 3 education (nearest 166 m), 1 shopping (nearest 435 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 45% | Top 46% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 323 Seven Oaks Avenue in Winnipeg's Jefferson neighbourhood is a compact, no-frills property built in 1945. Its key appeal lies in its position as one of the most affordable entry points into the Winnipeg housing market. With a modest 624 sqft of living space, a renovated basement, and a detached garage on a 3,299 sqft lot, it represents a practical, low-cost option. The home’s assessed value is significantly below city averages, which translates to correspondingly lower property taxes. It recently sold in August 2024 for an estimated $24.5k–$27.5k.
This property would primarily suit very budget-conscious buyers, such as first-time investors looking for a straightforward rental property, or an owner-occupant seeking absolute minimal housing costs over space. Its size and vintage mean it is not suited for those needing room for a family or modern, spacious layouts. A less obvious perspective is that its below-average size and value on its street and in its neighbourhood could present a rare "lowest-cost" option in the area, potentially offering stability if surrounding properties maintain or increase their value.
Frequently Asked Questions
1. What is the actual living space like?
At 624 square feet, the living area is notably compact, ranking in the bottom 3% for size compared to other homes on Seven Oaks Avenue. This indicates a very efficient or minimal floor plan suitable for one or two people at most.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value of approximately $25,300 is based on the property's specific characteristics—its small size, age, and location. It ranks in the bottom quarter of values within its own neighbourhood, reflecting its status as a more basic housing option.
3. What does having a "renovated basement" entail?
The listing confirms a renovated basement, which adds functional space to the small main floor. Prospective buyers should inquire about the scope, permits, and finish quality of this renovation, as well as ceiling height and moisture control.
4. Who might be interested in a home of this size and price point?
It's a candidate for a buy-and-hold real estate investor seeking a low-cost rental, or an extremely cost-sensitive owner-occupant like a retiree or single person. Its price point makes mortgage payments, if required, very low.
5. How does the lot size impact potential?
The 3,299 sqft lot is smaller than most in the area. While it provides outdoor space, options for significant expansion or additions are limited. The detached garage, however, offers valuable storage or workshop space separate from the house.
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