58.8
Fair
Property score
58.8
Fair
Overall 58.8
Older than most nearby homes
1,122 sqft (top 31%)
Built in 1922 (26 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 80.0
2-min walk to transit with 3 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
Near average
9% larger than neighborhood avg.
Year Built
Below average
26 yrs older than neighborhood avg.
Mother tongue
English · 61%Tagalog · 26%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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58.8 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: #46110025
$93K
Median household income
$75K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
25%
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
382 Seven Oaks Avenue — 5 amenities found within 500 m, across 2 categories, including 3 education (nearest 150 m), 2 parks (nearest 259 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 32% | Bottom 35% | Bottom 19% |
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: 382 Seven Oaks Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1922, presents a straightforward opportunity in Winnipeg's Jefferson neighbourhood. With 1,122 sqft of living space, its size is typical for the area. The home features a basement (not renovated) and a detached garage.
Its primary appeal lies in its accessibility. The assessed value is notably below average for the street, area, and city, indicating a potentially lower entry point. This is a property that trades premium features for practicality. It suits a specific buyer: those seeking a functional starter home, an investor looking for a rental property with fundamentals in place, or a hands-on buyer who values a lower initial cost over move-in-ready condition. The recent sale in late 2024 suggests a refreshed market valuation.
A less obvious perspective is the lot size. At 2,499 sqft, the land area is compact, even compared to nearby homes. This translates to lower maintenance and could be a benefit for those seeking a simpler yard. The home's age (over 100 years) means character is likely present, but it also firmly places it in the "classic Winnipeg" category, requiring a buyer comfortable with the upkeep of a century-old structure.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed value is for municipal tax purposes and is influenced by many factors, including home condition, specific location, and lot size. Here, the compact lot and the home's age and condition contribute to an assessment that is below average for comparable properties city-wide.
2. What does "basement, not renovated" typically imply?
This usually indicates a functional but unfinished or partly finished basement. It likely provides essential utilities and storage space but would require investment to modernize or convert into living space. It offers potential but not immediate finished square footage.
3. Who would this property be a good fit for?
It's best suited for first-time buyers prioritizing budget, investors seeking a rental property, or handy purchasers who see value in a home they can update over time. It's less suited for those seeking a large yard or a turn-key, modernized home.
4. The home sold recently in late 2024. What does that mean for me?
A recent sale provides a clear, current market price benchmark. It indicates the home was deemed acceptable to a buyer at that price point very recently, offering a solid reference for its present market value.
5. What are the main trade-offs with this home?
You are trading space and modern updates for affordability and location. You gain a lower price point in an established neighbourhood but accept a smaller lot, an older home requiring ongoing maintenance, and a basement that may need work to reach its full potential.
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