Property score
47.6
Below average
Overall 47.6 · Smaller than most nearby homes
652 sqft (bottom 9%) · Built in 1947 (1 yr older than avg)
Located in a high-income area with median household income of ~93k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 2 schools, and 1 park nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Below average
1 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
47.6 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: #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
417 Smithfield Avenue — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 423 m), 1 parks (nearest 305 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 11% | Bottom 23% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 417 Smithfield Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1947, offering a renovated basement and a modest 652 sqft of living space. Its standout feature is its very low assessed value, which is significantly below citywide averages. The lot size is a respectable 4,747 sqft, providing ample outdoor space relative to the home's footprint.
The primary appeal lies in its position as an accessible entry point into the Winnipeg market. It suits buyers with a limited budget seeking a land-owning opportunity, or those looking for a straightforward, low-maintenance base that they can occupy while saving for future renovations or a larger purchase. The renovated basement adds functional living space, which is a key asset in a smaller home. A less obvious perspective is that a home of this size and vintage, on a good-sized lot, could appeal to those interested in a minimalist lifestyle or as a long-term hold in a neighborhood where the land itself may hold future value. It’s not a home for those needing ample indoor space, but rather for pragmatic first-time buyers, downsizers, or investors looking for a rental property with a low entry cost.
Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
Assessed value is not market value. This assessment reflects the property's specific characteristics—its smaller size, age, and location—within the city's valuation model. It typically indicates a more affordable tax base.
2. How does the living area compare to nearby homes?
At 652 sqft, the living area is below average for the immediate street, the Jefferson area, and Winnipeg overall. This confirms it's a compact home, with the usable space boosted by the renovated basement.
3. What does the sold price history tell us?
The home sold in July 2017 for an estimated range of $19.5k to $22.5k. This historical data points to its longstanding position as a highly affordable property, though current market value would be determined by present conditions.
4. Is the lot size a positive feature?
Yes. While the home is small, the lot is near the area average. This provides valuable outdoor space and potential for gardening, storage, or future expansion, subject to local zoning.
5. Who would this property not suit?
It would not suit buyers who need multiple bedrooms, generous indoor living space, or modern open-concept layouts. It also lacks a garage, which could be a drawback for some.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
