Property score
46.4
Below average
Overall 46.4 · Smaller than most nearby homes
640 sqft (bottom 5%) · Built in 1947 (1 yr older than avg)
Located in a high-income area with median household income of ~93k
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
Living Area
Below average
38% 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
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46.4 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
424 Jefferson Avenue — 6 amenities found within 500 m, across 4 categories, including 3 education (nearest 162 m), 1 shopping (nearest 459 m), 1 parks (nearest 303 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 46% | Top 43% | Bottom 29% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 11% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a compact, one-storey home on Jefferson Avenue in Winnipeg, built in 1947. With 640 square feet of living space, it is notably smaller than most homes in its immediate area and across the city. It sits on a 3,596 sqft lot and features a renovated basement and a detached garage. The home’s assessed value is significantly below city-wide averages, reflecting its modest size and age. Recent sales data shows it sold in 2021 for a price range consistent with its current assessment.
Key Characteristics & Appeal
The primary appeal of this property is its affordability and simplicity. It represents a very accessible entry point into homeownership, with a tax burden likely lower than larger homes. Its renovated basement adds functional living space, which is a key asset in a smaller footprint. The detached garage offers valuable storage or workshop potential.
This home would suit a first-time buyer, an investor looking for a straightforward rental property, or someone seeking to downsize into a manageable, low-maintenance residence. Its appeal is practical rather than luxurious, offering the essentials without complexity. A thoughtful perspective for a buyer might be to see the smaller size as an opportunity to minimize possessions and living costs intentionally, or to view the well-below-average assessment as a buffer against potential market fluctuations.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based primarily on the home's relatively small living area (640 sqft), its age, and the local market comparisons. It is priced for its specific characteristics, not the broader city market.
2. What does "renovated basement" mean in this context?
While specific finishes aren't detailed, it indicates the basement has been updated to be functional living space, which is a significant advantage in a smaller home, effectively increasing its usable area.
3. How does the small living area affect livability?
The 640 sqft main floor requires efficient use of space. It's suitable for 1-2 people and emphasizes a simpler lifestyle. The renovated basement is crucial for providing additional room for storage, utilities, or recreation.
4. Is the recent sale price a reliable indicator of current value?
The 2021 sale price range is a relevant data point, but market conditions change. It should be considered alongside a current professional appraisal and recent comparable sales for the most accurate valuation.
5. What are the implications of the home's age (built 1947)?
While the basement has been renovated, a home of this age may require attention to original components like wiring, plumbing, or the foundation. A thorough inspection is essential to understand any needed updates or maintenance.
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