464 Smithfield Avenue

Jefferson, Winnipeg

Property score

76.1

Good

Overall 76.1 · Larger and newer than most nearby homes

2,296 sqft (top 1%) · Built in 1960 (12 yrs newer than avg)

Located in a above-average income area with median household income of ~84k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 3 parks nearby

Living Area

Above average

123% larger than neighborhood avg.

Year Built

Above average

12 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 16%

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

76.1 is composed by the two sections below.

Property Score

77.3Good
Living Area2,296 sqft96Excellent
Year Built196043Low
Lot Size4,745 sqft60Fair
Neighbourhood Sales Activity42Low

Community Score

74.3Good
Household Income78Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health68Good

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: #46110029

Community deep dive

$84K

Median household income

$92K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

28%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)678
Labour force participation rate69%
Median age36.4
Avg household size2.5
Unemployment rate13%
Population density3766 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households28%
Couple families with children28%
Median household income (2020)$84K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority31%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 16%

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

Rankings

Living Area

Elite
2,296 sqft
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 5%
Same street · Smithfield Avenue
#3 / 303
Top 1% · Avg 1,035 sqft
Same area · Jefferson
#16 / 2,763
Top 1% · Avg 1,029 sqft
Citywide · Winnipeg
#9,767 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
395k
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 40%
Same street · Smithfield Avenue
#6 / 303
Top 2% · Avg 286.6k
Same area · Jefferson
#59 / 2,763
Top 2% · Avg 282.9k
Citywide · Winnipeg
#77,040 / 194,458
Top 40% · Avg 390.1k

Year Built

Elite
1960
0255075100
Same streetTop 2%Same areaTop 9%CitywideBottom 42%

Lot Size

around average
4,745 sqft
0255075100
Same streetBottom 15%Same areaBottom 45%CitywideBottom 38%

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

464 Smithfield Avenue — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 405 m).

Search radius
🌳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 7/2023CA$350k–400k
Sold price

Same street

Top 5%

Same area

Top 4%

City-wide

Top 37%

Related homes

Highlights & common questions: 464 Smithfield Avenue, Winnipeg

Property Overview: 464 Smithfield Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home on Smithfield Avenue stands out for its generous proportions and established location. With 2,296 sqft of living space, it ranks in the top 1% of homes in its immediate neighborhood and ward for size, offering significantly more room than area averages. Built in 1960, it is a notably newer construction compared to many neighboring properties. The home features a detached garage and a full, unrenovated basement presenting a blank canvas for future development.

The primary appeal lies in its rarity as a large, mid-century home in the Jefferson area. It suits buyers looking for spacious interiors without the footprint of a modern mega-home, and who value the potential to customize a basement to their own needs. It’s an ideal fit for a growing family seeking established community roots, or for a buyer who appreciates a home with solid “bones” and the opportunity to add value through selective updates. A thoughtful perspective is that the home’s elite ranking for size and newer age in a historic area offers a unique blend of classic neighborhood character with more contemporary living space.

Frequently Asked Questions

1. What does the "Elite – Top 1%" ranking for living area actually mean?
It means this home is larger than 99% of comparable properties on its street and in the Jefferson ward. With living space over double the local average, it provides uncommon interior volume for the area.

2. The assessed value seems low. Is this accurate?
The assessed value of $39,500 is consistent with Winnipeg’s municipal assessment system, which is not the same as market value. It ranks in the top 2% locally, indicating it is assessed higher than most nearby homes. Market value is determined by recent sales, like the home’s sale in mid-2023 for between $365,000 and $395,000.

3. The basement is noted as "not renovated." What condition should I expect?
This indicates the basement is likely in original or functional condition, not modernized. It presents potential for future finishing or customization but will require inspection to understand its current state and any necessary updates.

4. How does the land size compare?
At 4,745 sqft, the lot is slightly below average for Smithfield Avenue but typical for the Jefferson ward. This suggests a well-sized yard that is manageable without excessive maintenance, fitting the neighborhood’s character.

5. The home sold recently in 2023. Why might it be available again?
While specific reasons are not provided, short-term ownership can relate to various life changes, job relocations, or estate settlements. It does not inherently indicate a problem with the property, but reviewing the listing details and a professional inspection is always advised.

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