49.0
Below average
Property score
49.0
Below average
Overall 49.0
Smaller and older than most nearby homes
814 sqft (bottom 27%)
Built in 1927 (21 yrs older than avg)
Located in a high-income area
with median household income of ~88k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 3 schools, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
21 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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49.0 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
356 Seven Oaks Avenue — 5 amenities found within 500 m, across 2 categories, including 3 education (nearest 141 m), 2 parks (nearest 217 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 4% | Bottom 10% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 356 Seven Oaks Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home on a 3,749 sqft lot in Jefferson is a straightforward, no-frills property. Its key appeal lies in its position as one of the most accessible entry points into the Winnipeg market. With a living area of 814 sqft and an unrenovated basement, it is a compact home that prioritizes function over grandeur. The detached garage adds practical utility.
The data reveals a clear narrative: this home consistently ranks in the bottom tiers for size, assessed value, and land area compared to its immediate street, neighbourhood, and city. The assessed value is notably low, placing it in the top 2% least valuable on its own street. This isn’t a property for those seeking premium finishes or ample space; instead, its appeal is grounded in affordability and potential. Built in 1927, it offers a classic footprint with room for personalization.
It would best suit a first-time buyer, an investor looking for a rental property with a low entry cost, or a hands-on individual who views a home as a long-term project. Its value proposition is the lot and the structure itself, not the finishes or square footage. A thoughtful perspective is that such a property can offer financial breathing room—lower property taxes and a manageable mortgage—freeing up resources for gradual improvements or other life priorities.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property’s specific characteristics—its smaller size, age, and condition relative to other homes. It reflects its market position as a more modest, entry-level home within Winnipeg.
2. What does "basement, not renovated" typically imply?
It indicates the basement is in functional, likely original condition. Buyers should budget for potential updates and anticipate a space suited for utilities and storage rather than finished living areas.
3. How does the sold price history help determine value?
The last recorded sale in late 2017 was between $15.5k and $18.5k. This historical data point, while not current, establishes a very low baseline, highlighting the property's affordability and significant potential for equity growth from a modest starting point.
4. Is the smaller living area a major drawback?
It depends on your needs. For a single person, couple, or investor, it can be efficient and cost-effective. The ranking data shows it's smaller than most area homes, so it’s important to be comfortable with a cozy footprint.
5. What are the main considerations for a home built in 1927?
While offering classic charm, a home of this age will likely have older building systems (like plumbing and wiring) and may require more maintenance or updates to meet modern standards and efficiency. A thorough inspection is essential.
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