54.1
Fair
Property score
54.1
Fair
Overall 54.1
Older than most nearby homes
976 sqft (bottom 47%)
Built in 1937 (11 yrs older than avg)
Located in a high-income area
with median household income of ~88k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 3 schools, 1 shop, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Below average
11 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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54.1 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: #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
332 Seven Oaks Avenue — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 452 m), 3 education (nearest 193 m), 1 shopping (nearest 462 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 33% | Bottom 37% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 332 Seven Oaks Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the Jefferson neighbourhood presents a practical opportunity. Its key characteristic is a clear value proposition: a recently renovated basement and a detached garage on a notably generous lot for its street. At just under 1,000 sqft of living space, the house itself is modest and typical for the immediate area, but the nearly 5,000 sqft land parcel offers above-average outdoor space and potential.
The appeal lies in its affordability and foundational readiness. The renovated basement adds immediate functional living space, while the large lot provides room for gardening, expansion, or simply more privacy than neighbouring properties. It suits first-time buyers or practical investors looking for a home with core updates already in place and land to grow into, without the premium price of a larger or fully modernized house. A thoughtful perspective is that while its assessed value is low relative to the city, this can represent a manageable property tax burden and an entry point into a stable neighbourhood.
Section 2: Frequently Asked Questions
1. What does "renovated basement" typically include?
While specifics should be verified by a viewing and inspection, a listing noting a renovated basement generally means the space has been finished into a livable area, likely including flooring, drywall, and basic amenities, making it suitable as a family room, office, or additional bedroom.
2. How does the low assessed value affect property taxes?
A lower assessed value typically results in lower municipal property taxes compared to similar-sized homes with higher assessments. This is a key factor in the home's overall affordability.
3. Is the large lot size a major advantage?
Yes, especially in this context. The lot is larger than most on the same street, offering more yard space, better potential for additions like a shed or deck, and possibly more parking. It's a standout feature for the property.
4. What should I consider with a home built in 1937?
While the basement is renovated, the main house structure and core systems (like plumbing, electrical, and insulation) are original-era. A thorough inspection is crucial to understand the condition and any needed updates to these older components.
5. Why is the sold price history presented as a range?
Sold price data is often estimated from public records. To get the exact sale price, you must request it directly from the site, as they manually verify this information from official sources to ensure accuracy.
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