49.5
Below average
Property score
49.5
Below average
Overall 49.5
Smaller but newer than most nearby homes
836 sqft (bottom 30%)
Built in 1953 (5 yrs newer than avg)
Located in a above-average income area
with median household income of ~72k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 3 schools, 2 shops, 3 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Above average
5 yrs newer 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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49.5 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
340 Semple Avenue — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 418 m), 2 shopping (nearest 298 m), 3 parks (nearest 275 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 37% | Top 37% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 340 Semple Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home at 340 Semple Avenue is a practical entry-point into Winnipeg’s Jefferson neighborhood. Built in 1953, its key characteristic is its modesty: with 836 sqft of living space and an unrenovated basement, it presents a straightforward, no-frills canvas. The detached garage and a land area of just over 4,600 sqft offer functional outdoor space and parking.
The appeal lies in its position as a relative value option. Its assessed value of $260k sits below the citywide average, and recent sold price data suggests it transacts in a lower range than many comparable homes. This creates an opportunity for equity building through updates over time. It’s notably newer than many homes in the immediate Jefferson area, which could mean fewer age-related issues than some neighbors.
This property would best suit first-time buyers or practical investors seeking an affordable foothold. It’s for those comfortable with a home that requires cosmetic updates or who prioritize land and location over move-in-ready finishes. The unrenovated basement, while a project, offers potential for future expansion or rental income to help offset costs.
Frequently Asked Questions
1. Is the below-average living space a major drawback?
While the 836 sqft is compact, it’s relatively typical for the street and area. For a small household or a buyer viewing the basement as future finished space, the size can be efficient and manageable.
2. What does “below average” assessed value really indicate?
It primarily suggests the property is valued lower than many peers, which can translate to a relatively lower purchase price and property taxes. It often reflects the home’s modest size and condition, not necessarily its potential.
3. The home is older. What should I be most concerned about?
Built in 1953, major systems like plumbing, electrical, and the roof should be a key focus of inspection. However, being newer than the Jefferson average could be a slight advantage regarding the age of these components.
4. How useful is the unrenovated basement?
In its current state, it’s primarily for storage and utilities. Its true value is in its potential; it offers a clear opportunity to add significant living space or a rental suite, which would dramatically increase the home’s utility and value.
5. The sold price history shows a range. What’s the exact price?
The listing service provides sold price ranges from public data. To obtain the exact historical sold price for this property, you must request it directly via the provided email link, as this information is manually verified and shared.
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