439 Mcadam Avenue

Jefferson, Winnipeg

Property score

60.8

Fair

Overall 60.8 · Compared with neighbourhood average

1,015 sqft (top 49%) · Built in 1951 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~85k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 76%Tagalog · 11%

Past 10 years Jefferson sales snapshot (~80% of all data)

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

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Property score

60.8 is composed by the two sections below.

Property Score

50.5Fair
Living Area1,015 sqft52Fair
Year Built195136Low
Lot Size5,048 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

76.2Good
Household Income79Good
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110905

Community deep dive

$85K

Median household income

$105K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

29%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)656
Labour force participation rate70%
Median age37.2
Avg household size2.6
Unemployment rate7%
Population density3644 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households29%
Couple families with children29%
Median household income (2020)$85K

Housing

Renter households18%
Condominium dwellings0%
Median dwelling value (owners)$270K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority19%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 10%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,015 sqft
0255075100
Same streetBottom 34%Same areaTop 49%CitywideBottom 28%
Same street · Mcadam Avenue
#218 / 331
Bottom 34% · Avg 1,184 sqft
Same area · Jefferson
#1,363 / 2,763
Top 49% · Avg 1,029 sqft
Citywide · Winnipeg
#140,594 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
332k
0255075100
Same streetTop 24%Same areaTop 14%CitywideBottom 40%
Same street · Mcadam Avenue
#81 / 331
Top 24% · Avg 296.5k
Same area · Jefferson
#380 / 2,763
Top 14% · Avg 282.9k
Citywide · Winnipeg
#117,222 / 194,458
Bottom 40% · Avg 390.1k

Year Built

above average
1951
0255075100
Same streetTop 27%Same areaTop 42%CitywideBottom 29%

Lot Size

around average
5,048 sqft
0255075100
Same streetBottom 46%Same areaTop 40%CitywideBottom 47%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

439 Mcadam Avenue — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 466 m), 3 parks (nearest 163 m).

Search radius
🏫Education1
🌳Parks3

Crime & Safety

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%

Sales History

Sold 2/2022CA$350k–400k
Sold price

Same street

Top 9%

Same area

Top 7%

City-wide

Top 40%
Sold 4/2021CA$250k–300k
Sold price

Same street

Bottom 42%

Same area

Top 49%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 439 Mcadam Avenue, Winnipeg

Property Summary: 439 Mcadam Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on a standard-sized lot in Jefferson presents a practical and value-oriented opportunity. Its key characteristic is a renovated basement, adding functional living space to the 1,015 sqft footprint. The detached garage offers flexible storage or workshop potential. The home’s appeal lies in its strong position within its immediate context: its assessed value ranks well above average for both Mcadam Avenue and the wider Jefferson area, suggesting it is viewed favorably relative to its neighbors. This, combined with the recent basement renovation, indicates a property that has been maintained and updated.

It would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established neighborhood. A thoughtful perspective is that while the living area is modest citywide, its above-average assessment for the area could signal a solid "value floor" and a lower risk of overpaying compared to the immediate market. It’s a home that makes more sense when evaluated against its direct peers rather than city-wide averages.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home last sold in early 2022 for an estimated $35.5k-$38.5k, which was a top 9% price for the street at that time. The current assessed value is $33.2k, which remains in the top quarter for the area, indicating stable value retention.

2. Is the living space smaller than average?
At 1,015 sqft, it is slightly below the city-wide average but is very typical for the Jefferson neighborhood and Mcadam Avenue itself, where it ranks solidly in the middle of comparable homes.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent regarding the finish, permits, and the nature of the space (e.g., recreational room, additional bedroom).

4. How old is the home, and what might that mean for maintenance?
Built in 1951, the home is newer than many on its street but is still 75 years old. Buyers should budget for and inspect age-related components, such as the roof, plumbing, and electrical systems, even with the recent basement updates.

5. Why is the city-wide assessed value average so much higher?
The city-wide average benchmark shown (~$390k) includes all property types across Winnipeg. The more relevant comparisons are the local averages for Jefferson ($28.3k) and Mcadam Avenue ($29.7k), against which this property scores notably higher.

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