50.0
Fair
Property score
50.0
Fair
Overall 50.0
Smaller than most nearby homes
724 sqft (bottom 15%)
Built in 1950 (2 yrs newer than avg)
Located in a above-average income area
with median household income of ~82k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 3 schools, 1 shop, 1 park, 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
Below average
30% smaller than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 58%Tagalog · 18%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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50.0 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: #46110027
$82K
Median household income
$95K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
30%
Single-person households
26%
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
417 Jefferson Avenue — 6 amenities found within 500 m, across 4 categories, including 3 education (nearest 147 m), 1 shopping (nearest 404 m), 1 parks (nearest 298 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 17% | Bottom 25% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 417 Jefferson Avenue is a compact, no-frills property centered on practicality and value. Its key appeal lies in its very low assessed value and recent basement renovation, presenting an accessible entry point into the Winnipeg market. The house itself is modest at 724 sq ft, placing it well below average in size for the street, neighborhood, and city. However, it sits on a roughly average 5,055 sq ft lot for the area. Built in 1950, its age is typical for Jefferson. The home features a detached garage and a renovated basement.
This property would primarily suit a specific type of buyer: those seeking absolute minimum upfront cost, such as first-time buyers or investors looking for a straightforward rental opportunity. Its size and condition suggest it's a project-friendly base rather than a move-in-ready forever home. A thoughtful perspective is that its below-average size on a standard lot could represent a future opportunity; the value may lie as much in the land as in the existing structure, appealing to someone with long-term redevelopment plans.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed values are relative to similar properties. This home's value is in line with averages for Jefferson Avenue and the Jefferson neighborhood, which are significantly lower than the average for all of Winnipeg. This reflects the local market conditions.
2. Is the living area too small for comfortable living?
At 724 sq ft, the living space is compact. It would suit a single person, a couple, or someone comfortable with efficient, minimalist living. The renovated basement adds functional space, but the above-ground footprint is small.
3. What does "renovated basement" typically mean here?
While specifics aren't provided, in homes of this era and price point, a renovated basement often means it has been finished into a usable living or recreational space, adding valuable square footage. It's advisable to confirm the quality, permits, and moisture control.
4. How reliable are the sold price ranges from 2017?
The ranges are based on public data. For precise historical pricing to inform your offer, you must request the exact figures from the site via email, as noted in the details.
5. Who are the most likely competing buyers for this home?
Given its profile, you may be competing with first-time buyers prioritizing low entry cost, practical renovators, and investors seeking a rental property with a low assessed value for tax purposes.
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