374 Matheson Avenue

Jefferson, Winnipeg

Property score

77.9

Good

Overall 77.9 · Larger and newer than most nearby homes

2,520 sqft (top 1%) · Built in 1962 (14 yrs newer than avg)

Located in a above-average income area with median household income of ~85k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 parks nearby

Living Area

Above average

145% larger than neighborhood avg.

Year Built

Above average

14 yrs newer than neighborhood avg.

Mother tongue

English · 76%Tagalog · 11%

Past 10 years Jefferson sales snapshot (~80% of all data)

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

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Property score

77.9 is composed by the two sections below.

Property Score

79.1Good
Living Area98
2,520 sqftExcellent
Year Built46
1962Low
Lot Size60
4,749 sqftFair
Neighbourhood Sales Activity42
Low

Community Score

76.2Good
Household Income79
Good
Education Level54
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110905

Community deep dive

$85K

Median household income

$105K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

29%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)656
Labour force participation rate70%
Median age37.2
Avg household size2.6
Unemployment rate7%
Population density3644 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households29%
Couple families with children29%
Median household income (2020)$85K

Housing

Renter households18%
Condominium dwellings0%
Median dwelling value (owners)$270K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority19%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 10%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,520 sqft
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 3%
Same street · Matheson Avenue
#4 / 281
Top 1% · Avg 1,227 sqft
Same area · Jefferson
#9 / 2,763
Top 1% · Avg 1,029 sqft
Citywide · Winnipeg
#5,351 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
460k
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 27%
Same street · Matheson Avenue
#2 / 281
Top 1% · Avg 289.7k
Same area · Jefferson
#15 / 2,763
Top 1% · Avg 282.9k
Citywide · Winnipeg
#51,818 / 194,458
Top 27% · Avg 390.1k

Year Built

above average
1962
0255075100
Same streetTop 9%Same areaTop 8%CitywideBottom 44%

Lot Size

around average
4,749 sqft
0255075100
Same streetBottom 41%Same areaBottom 49%CitywideBottom 39%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

374 Matheson Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 120 m).

Search radius
🌳Parks4

Crime & Safety

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%

Sales History

Sold 4/2019CA$350k–400k
Sold price

Same street

Top 8%

Same area

Top 6%

City-wide

Top 40%

Related homes

Highlights & common questions: 374 Matheson Avenue, Winnipeg

Property Overview: 374 Matheson Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home on Matheson Avenue in the Jefferson area stands out for its substantial size and modern updates within a well-established neighbourhood. Its primary appeal lies in offering significantly more living space than most local homes, featuring 2,520 sqft of living area—more than double the average for Jefferson—along with a renovated basement. The detached garage and a standard city lot round out the practical features.

The home’s strongest suit is its elite standing in the immediate area. It ranks in the top 1% of homes on Matheson Avenue for both living area and assessed value, indicating it is a notably larger and more valuable property among its direct peers. While its 1962 build date is newer than many neighbouring houses, the interior updates suggest a blend of classic neighbourhood character with contemporary living space.

This property would best suit buyers looking for a "larger than average" family home in a mature neighbourhood without needing a sprawling lot. It’s ideal for those who prioritize generous indoor space, recent renovations, and a strong value position on their street over a brand-new build or extensive outdoor space. It also represents a solid opportunity for someone seeking a home that already outperforms most in its core locale on key metrics.


Section 2: Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home is currently assessed at $460k. The last recorded sale was in April 2019 for a price range estimated between $355k and $385k, indicating significant appreciation in assessed value since that time.

2. Is the lot size typical for the area?
Yes. The land area of 4,749 sqft is very close to the average for both Matheson Avenue and the wider Jefferson area, making it a standard city lot.

3. What does "top 1% for living area" actually mean?
This statistic means that, compared to all other homes on Matheson Avenue, this house has more living space than 99% of them. It is the 4th largest out of 281 homes on the street.

4. The home was built in 1962. Is that a concern?
Not necessarily. While not new, it is actually newer than the average home on its street (avg. 1939) and in Jefferson (avg. 1948). The renovated basement also points to important updates having been made.

5. Why is the citywide ranking for value lower than the street ranking?
While the home is in the top 1% for value on its own street, it ranks in the top 27% citywide. This is common and highlights that value is often hyper-local. It means the home is above average in value across all of Winnipeg, but its premium is most pronounced within its immediate neighbourhood context.