57.4
Fair
Property score
57.4
Fair
Overall 57.4
Compared with neighbourhood average
911 sqft (bottom 39%)
Built in 1952 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~93k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 3 schools, 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
11% smaller than neighborhood avg.
Year Built
Near average
4 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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57.4 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
418 Seven Oaks Avenue — 5 amenities found within 500 m, across 3 categories, including 3 education (nearest 232 m), 1 parks (nearest 355 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 18% | Top 8% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1952 one-storey home at 418 Seven Oaks Avenue in Winnipeg's Jefferson neighbourhood presents a practical and value-oriented opportunity. Its key appeal lies in a balance of modest scale and above-average assessed value for its immediate area. With 911 sqft of living space, it is a compact home, smaller than many on its own street, but it sits on a standard city lot of approximately 4,500 sqft. A recently renovated basement adds functional living space, and the property includes a detached garage.
The home’s strongest characteristic is its financial positioning: its assessed value ranks notably above average for both Seven Oaks Avenue and the wider Jefferson area. This suggests it is viewed as a solid asset within its local market context. The recent sale in 2024 indicates active market interest. This property would suit first-time buyers, downsizers, or value-focused investors seeking an established home in a mature neighbourhood without the premium of a larger footprint. Its manageable size and updated basement offer a move-in-ready foundation for someone prioritizing financial prudence and low-maintenance living over sheer space.
Frequently Asked Questions
1. Is the house particularly small?
At 911 sqft, the living area is below the average for both the city and its own street. This makes it a compact, efficiently sized home, ideal for those who don't require extensive square footage.
2. What does the "above average" assessed value mean for me?
While not a direct market price, an assessed value that ranks in the top 21% on its street indicates the municipal assessment views this property favorably compared to its immediate neighbours. This can be a positive signal of underlying value and stability in the local context.
3. What is the significance of the renovated basement?
A renovated basement effectively adds usable living space to the home's footprint, which is a significant asset in a smaller main-floor home. It provides flexibility for a family room, home office, or additional storage.
4. Who might this property not suit?
Buyers needing multiple large bedrooms, extensive indoor living space, or modern open-concept layouts may find the home's size and 1952 layout limiting. It's best for those comfortable with a more traditional, cozy floor plan.
5. How does the detached garage affect the property?
A detached garage is typical for homes of this era. It provides secure storage and parking but may be less convenient during Winnipeg winters compared to an attached garage. The lot size is sufficient to accommodate it without overwhelming the yard space.
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