49.6
Below average
Property score
49.6
Below average
Overall 49.6
Older than most nearby homes
976 sqft (bottom 47%)
Built in 1912 (36 yrs older than avg)
Located in a above-average income area
with median household income of ~73k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 3 schools, 2 shops, 4 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
Near average
5% smaller than neighborhood avg.
Year Built
Below average
36 yrs older than neighborhood avg.
Mother tongue
English · 66%Tagalog · 13%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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49.6 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: #46110026
$73K
Median household income
$91K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
33%
Single-person households
28%
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
374 Semple Avenue — 10 amenities found within 500 m, across 4 categories, including 3 education (nearest 440 m), 2 shopping (nearest 289 m), 4 parks (nearest 232 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 35% | Top 33% | Bottom 34% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 27% | Bottom 21% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home at 374 Semple Avenue in Winnipeg's Jefferson neighbourhood presents a practical, no-frills ownership opportunity. Built in 1912, its key appeal lies in its renovated basement and its position as a modestly-sized, financially accessible property within the city. The home sits on a smaller, 3,092 sqft lot and has 976 sqft of living space, which is fairly typical for its immediate area but below the Winnipeg city average. It features a detached garage. Recent sales data shows steady activity, with the home selling in 2022.
Key Characteristics & Ideal Buyer
The primary appeal of this property is its grounded affordability and functional updates in a mature neighbourhood. Its assessed value and recent sale prices are consistently below city-wide averages, making it a clear entry-point into the market. The renovated basement adds valuable finished space. While the lot is smaller and the home is notably older than most in Winnipeg, this translates to lower property taxes and a simpler yard to manage.
This home would suit a first-time buyer, an investor looking for a straightforward rental property, or a downsizer seeking a compact, low-maintenance footprint without a major renovation project. It’s for someone who prioritizes financial practicality and location over modern size standards or a large outdoor space. A thoughtful perspective is that its age and smaller scale offer a hedge against the ongoing trend of larger, more expensive homes, representing a classic, efficient form of housing.
Frequently Asked Questions
1. How does the home’s age affect maintenance?
Built in 1912, the home is significantly older than most in Winnipeg. Prospective buyers should prioritize a thorough inspection to understand the condition of foundational elements, plumbing, electrical systems, and the roof, as updates over the years will be a key factor in ongoing maintenance costs.
2. Is the smaller lot size a disadvantage?
While the lot is below average in size for the city, it is relatively proportional to the home’s footprint. This means less yard work and lower exterior maintenance costs, which can be an advantage for those seeking simplicity. However, it offers limited space for expansions, large gardens, or extensive outdoor recreation.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of the finish, ceiling height, necessary permits, and whether it includes a legal secondary suite or additional living space like a family room or bedroom.
4. How stable has the property’s value been?
Based on the provided sale history, the home sold twice in 2022, showing active market interest. The sale price range increased between February and September of that year, suggesting responsiveness to market conditions. Its assessed value remains consistently modest compared to city averages.
5. What is the neighbourhood of Jefferson like?
Jefferson is an established, no-frills neighbourhood. The property metrics show the home is fairly typical for the area in terms of size and value, indicating a community of similar, modest homes. Buyers should explore the area in person to assess amenities, traffic patterns, and overall community feel to see if it aligns with their lifestyle.
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