451 Mcadam Avenue

Jefferson, Winnipeg

Property score

58.8

Fair

Overall 58.8 · Compared with neighbourhood average

1,042 sqft (top 46%) · 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: 1 school, and 3 parks nearby

Living Area

Near average

1% larger 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)

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

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Property score

58.8 is composed by the two sections below.

Property Score

47.2Low
Living Area1,042 sqft52Fair
Year Built195030Low
Lot Size4,087 sqft53Fair
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
1,042 sqft
0255075100
Same streetBottom 40%Same areaTop 46%CitywideBottom 32%
Same street · Mcadam Avenue
#198 / 331
Bottom 40% · Avg 1,184 sqft
Same area · Jefferson
#1,264 / 2,763
Top 46% · Avg 1,029 sqft
Citywide · Winnipeg
#132,072 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
285k
0255075100
Same streetBottom 40%Same areaBottom 49%CitywideBottom 25%
Same street · Mcadam Avenue
#197 / 331
Bottom 40% · Avg 296.5k
Same area · Jefferson
#1,418 / 2,763
Bottom 49% · Avg 282.9k
Citywide · Winnipeg
#145,307 / 194,458
Bottom 25% · Avg 390.1k

Year Built

around average
1950
0255075100
Same streetTop 34%Same areaTop 50%CitywideBottom 28%

Lot Size

below average
4,087 sqft
0255075100
Same streetBottom 27%Same areaBottom 28%CitywideBottom 27%

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

451 Mcadam Avenue — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 475 m), 3 parks (nearest 173 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 10/2017CA$200k–250k
Sold price

Same street

Bottom 17%

Same area

Bottom 23%

City-wide

Bottom 13%

Related homes

Highlights & common questions: 451 Mcadam Avenue, Winnipeg

Property Summary: 451 Mcadam Avenue, Winnipeg

Key Characteristics & Appeal

This one-storey home on Mcadam Avenue in the Jefferson neighbourhood presents a practical and straightforward opportunity. Its key characteristics include a renovated basement, a detached garage, and a 1,042 sqft living space that is very typical for the immediate area. Built in 1950, the house is of a vintage common to its surroundings. The lot size of 4,087 sqft is modest, ranking below average for the street and city, which may appeal to those seeking lower exterior maintenance.

The primary appeal lies in its consistency within the local market. The home's assessed value and living area consistently rank as "around average" when compared directly to its Jefferson neighbours and those on Mcadam Avenue itself. This suggests a property that is neither over-improved nor under-improved for its location, offering a stable, known quantity. The renovated basement adds functional living space and modern convenience.

This property would best suit a pragmatic buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values a turnkey basement and seeks a home that aligns squarely with neighbourhood norms without unexpected premium costs or major discrepancies. Its average metrics indicate a lower risk of overpaying relative to the immediate area, making it a sensible, grounded choice.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value ($28.5k) is a municipal figure for tax purposes, it is crucial to note the sold price history. The home last sold in late 2017 for an estimated range of $19.5k–$22.5k, which was significantly above the average for the city at that time. Market conditions have changed, so a current market evaluation is essential.

2. How does the lot size impact the property?
At 4,087 sqft, the lot is below average for the street, neighbourhood, and city. This typically means a smaller yard, which can be a benefit for those wanting less landscaping work, but may be a consideration for buyers desiring extensive outdoor space or future expansion.

3. What does "around average" for the living area really mean?
With 1,042 sqft, this home is very typical for Jefferson. You are unlikely to find significantly more or less space for a similar price in this specific area, which helps set clear expectations during your search.

4. The home was built in 1950. Should I be concerned about major updates?
The listing specifically notes a renovated basement, suggesting some modernization. However, the core structure and major systems (like roof, plumbing, electrical) are 76 years old. A thorough inspection is advised to understand the condition of these older components.

5. How does this property compare to the wider Winnipeg market?
Citywide comparisons show this home's assessed value and lot size rank "below average," while its living area is "around average." This highlights that Jefferson and Mcadam Avenue represent a more affordable segment of the Winnipeg market, offering value for living space but with more modest land and assessed values.

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