62.0
Fair
Property score
62.0
Fair
Overall 62.0
Compared with neighbourhood average
1,060 sqft (top 40%)
Built in 1951 (3 yrs newer than avg)
Located in a above-average income area
with median household income of ~85k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
3% larger 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)
1,026
320k
$314/sqft
1948
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62.0 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: #46110905
$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
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
448 Matheson Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 64 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 38% | Bottom 45% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 448 Matheson Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Matheson Avenue in the Jefferson neighbourhood presents a practical and grounded opportunity. Its key appeal lies in its balance of a generous, above-average lot size and a recently renovated basement, set within a mature community. With 1,060 sqft of living space, the home sits around the average for its immediate area, offering a manageable footprint.
The standout feature is the land: at over 6,250 sqft, the lot size ranks in the top 20% on its own street and the top 6% within the wider Jefferson area. This provides valuable outdoor space and potential not found in many newer developments. Built in 1951, it is a newer construction compared to many homes on the block, which may suggest fewer concerns associated with very early-century builds. The renovated basement adds functional living space.
This property would suit first-time buyers or practical downsizers looking for a home with room to breathe in a settled neighbourhood, without the premium price tag of a fully modernized showhome. It’s a home for those who value space and see potential in a solid foundation, rather than seeking a turn-key, high-end finish. Its assessed value positions it as an accessible entry point into the market.
Frequently Asked Questions
1. How does the lot size compare to a typical city lot?
The lot of 6,252 sqft is notably larger than the Winnipeg city-wide average for comparable homes (approx. 6,570 sqft) and significantly larger than the Jefferson neighbourhood average (approx. 4,742 sqft), offering ample yard space.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of finishes, permits, and the nature of the renovation (e.g., cosmetic updates versus structural/mechanical improvements).
3. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is often different from market value. The home last sold in 2022 for an estimated $235k-$265k, which provides a more recent market benchmark.
4. What are the implications of having no garage?
The property has no garage. Buyers should consider the cost and feasibility of adding a parking structure or rely on street parking, factoring this into their budget and lifestyle needs.
5. How does the age of the home (1951) affect maintenance?
While newer than many homes on its street, a 75-year-old home will still require diligent upkeep. Prospective buyers should prioritize a thorough inspection of major aging components like the roof, foundation, plumbing, and electrical systems.
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