58.2
Fair
Property score
58.2
Fair
Overall 58.2
Compared with neighbourhood average
1,028 sqft (top 48%)
Built in 1950 (2 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: 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
0% smaller than neighborhood avg.
Year Built
Near average
2 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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58.2 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 Mcadam Avenue — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 121 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 44% | Top 33% | Bottom 34% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 25% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 448 Mcadam Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the Jefferson neighbourhood presents a practical and renovated living space. Its key features include 1,028 sqft of living area, a renovated basement, and a detached garage. Built in 1950, the home sits on a 3,970 sqft lot.
The primary appeal lies in its solid value proposition within its immediate area. The assessed value is notably above average for the Jefferson neighbourhood, suggesting it is viewed favorably relative to nearby properties. The renovated basement adds modern, functional space without the need for immediate updates. While the lot size is smaller than many in the city, this can translate to lower maintenance, a significant consideration for many buyers today.
This property would suit first-time homebuyers seeking a move-in-ready foundation with updated essentials, or downsizers looking for a manageable single-level layout without a large yard to upkeep. It’s a home for those who prioritize value and condition within a specific community over maximizing square footage.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value ranks in the top 19% within the Jefferson neighbourhood, meaning it is assessed higher than most comparable local properties. This often indicates above-average condition, improvements, or desirability for the area.
2. What is the significance of the renovated basement?
A renovated basement adds immediate functional living space, such as for a family room, home office, or additional bedrooms. It also suggests major foundational and moisture-control work has likely been addressed, a common concern in older Winnipeg homes.
3. Is the lot size a disadvantage?
While below the city average, the 3,970 sqft lot requires less maintenance in terms of landscaping, snow clearing, and general upkeep. This can be a benefit for buyers seeking a more manageable property without sacrificing indoor living space.
4. What can the sale history tell us?
The home sold previously in 2017 and 2021. The increase in sale price range between those dates aligns with broader market trends. This history shows the property has changed hands in relatively recent markets, providing useful price context.
5. Who might this home not suit?
Buyers seeking a large yard for gardening or recreation, or those needing extensive square footage above grade, may find the lot and living area dimensions limiting. It is best suited for those whose needs align with its efficient use of space.
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