Property score
63.5
Fair
Overall 63.5 · Larger but older than most nearby homes
1,308 sqft (top 14%) · Built in 1940 (8 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: 3 schools, and 1 park nearby
Living Area
Above average
27% larger than neighborhood avg.
Year Built
Below average
8 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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63.5 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: #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
345 Seven Oaks Avenue — 4 amenities found within 500 m, across 2 categories, including 3 education (nearest 120 m), 1 parks (nearest 167 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 1% | Bottom 4% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 345 Seven Oaks Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1940, presents a unique value proposition in Winnipeg's Jefferson neighbourhood. Its key characteristic is a significant disconnect between its living space and its official assessed value. The home offers a practical 1,308 sqft of living area, which is above average for both its immediate street and the Jefferson area, providing more room than many comparable local properties. However, its assessed value is notably low, ranking at the very bottom of local comparisons. This creates a distinctive profile: a home with usable space in an established area, carrying very low property taxes.
The appeal lies in this financial efficiency. It suits a specific type of buyer: those seeking to minimize ongoing property tax burdens, investors or homeowners comfortable with a value-play and potential renovation projects (common for a home of this age), or first-time buyers prioritizing interior space over lot size, as the land area is compact. It’s a pragmatic choice for someone focused on the utility of the house itself rather than land investment, in a neighbourhood of older, character homes.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than other homes?
While specific reasons aren't provided, dramatically low assessments often relate to the property's condition, specific market factors, or its functional characteristics (e.g., basement status) as recorded for tax purposes. It's essential to verify the current condition and any potential factors with a professional.
2. What does "Basement: No" mean for this property?
This typically indicates the home is built on a crawlspace or slab foundation, not a full basement. This affects storage and mechanical systems, and is a key structural detail to clarify during a viewing or inspection.
3. The sold price history shows a range of $13.5k–$16.5k. Is that accurate?
The listed range is based on public data estimates. The exact, legally registered sale price can be requested directly from the source, which emphasizes providing it via email without marketing spam.
4. How does the low assessed value impact property taxes?
It directly results in significantly lower annual property tax bills compared to neighbouring homes with similar living space. This is a major ongoing cost advantage for the owner.
5. The home is older—what should I consider?
Built in 1940, it is older than many area averages. Prospective buyers should budget for potential updates to major aging components like roofing, plumbing, wiring, and windows, and consider an inspection essential.
