Property score
59.7
Fair
Overall 59.7 · Compared with neighbourhood average
1,050 sqft (top 42%) · Built in 1948
Located in a high-income area with median household income of ~93k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 1 shop, 1 park, and 1 place of worship nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Near average
0 yrs newer 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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59.7 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
408 Jefferson Avenue — 6 amenities found within 500 m, across 4 categories, including 3 education (nearest 125 m), 1 shopping (nearest 482 m), 1 parks (nearest 252 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 41% | Bottom 46% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 408 Jefferson Avenue, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This one-and-a-half storey home, built in 1948, presents a practical and renovated living space in the Jefferson neighbourhood. With 1,050 sqft of living area and a recently updated basement, the home offers functional, modernized space. Its detached garage and a 3,998 sqft lot provide valuable outdoor and storage utility. The home’s assessed value of $270k positions it as a competitively priced option within its immediate area, often ranking around average for Jefferson Street but below the wider city average, suggesting relative affordability in this locale.
The primary appeal lies in its balance of updated essentials within a classic home structure, suited for those seeking a straightforward, no-frills property. It would particularly suit first-time homebuyers or practical investors looking for a turnkey-ready base in a mature neighbourhood without a premium price tag. A thoughtful perspective is that while the lot size is below average for the city, it represents a lower-maintenance yard—an advantage for buyers seeking simplicity over extensive outdoor space. The home’s age and consistent assessed value also indicate a stable, predictable property rather than a high-appreciation gamble, appealing to cautious buyers.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,050 sqft, the living area is very close to the average for both Jefferson Avenue and the wider Jefferson neighbourhood, offering standard-sized rooms for a home of this style.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($270k) is a municipal valuation for tax purposes. Notably, it sits below the city-wide average for comparable homes, but is around average for its immediate area. Recent sold price data for the neighbourhood should be consulted for a more accurate market picture.
3. What does the “renovated basement” include?
The listing confirms the basement is renovated, but the specific scope and quality of finishes (e.g., legal suite, ceiling height, permits) are not detailed. This would be a key point for buyer due diligence.
4. What are the implications of the 1948 build date?
While the home is older, its renovated basement suggests some updates. Buyers should still anticipate maintenance consistent with a nearly 80-year-old home, such as potential updates to original windows, roof, or mechanical systems, balanced by the character and solid construction of the era.
5. How does the lot size affect the property?
The 3,998 sqft lot is below the city average. This means a smaller yard, which could be a drawback for those wanting expansive outdoor space but a benefit for buyers preferring less landscaping upkeep. It’s efficient for the home’s footprint.
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