43.8
Below average
Property score
43.8
Below average
Overall 43.8
Smaller and older than most nearby homes
616 sqft (bottom 3%)
Built in 1914 (34 yrs older 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
Below average
40% smaller than neighborhood avg.
Year Built
Below average
34 yrs older 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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43.8 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
466 Mcadam Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 161 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 13% | Bottom 16% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 466 Mcadam Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1914, presenting a classic opportunity in Winnipeg's Jefferson neighbourhood. Its key characteristic is its modest scale, with a living area of 616 sqft that is notably smaller than most comparable homes in the area, city, and on its own street. This is balanced by a decently sized lot of 4,210 sqft, which is closer to the local average. The home features a renovated basement and a detached garage.
The primary appeal lies in its position as an accessible entry point into the market. With a historically low sold price and a current assessed value significantly below city averages, it represents a lower barrier to entry. This isn't a move-in-ready showcase; its appeal is for a buyer who sees potential in the lot size and the renovated basement, and who is comfortable with a home that requires updates or who values simplicity and manageability. It would suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist footprint without the burden of a large mortgage. A less obvious perspective is that its age and smaller size could translate to lower utility costs and less ongoing maintenance compared to larger, newer homes, provided systems are in good order.
Section 2: Frequently Asked Questions
1. Is the house in livable condition?
While the listing notes a renovated basement, the main house, built in 1914, will likely require inspection and potentially significant updates to mechanical systems, insulation, and finishes. Viewing it as a "shell" or project is advisable.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's very small size (616 sqft) relative to city norms, its age, and its market position. It is assessed based on its current state and comparable sales, not on potential.
3. What are the real costs beyond the purchase price?
Given the age, budgeting for immediate repairs, updates to meet modern standards, and higher-than-expected maintenance is crucial. Property taxes will be based on the low assessment, which is a financial positive.
4. Is the lot subdividable or a good candidate for expansion?
The 4,210 sqft lot is a key asset. You should consult with the City of Winnipeg's planning department to understand zoning bylaws and any potential for a future addition, garden suite, or lot subdivision.
5. How accurate are the sold price ranges shown?
The listed price ranges are estimates from public data. For precise historical sale figures to inform your offer, you must request the exact sold price history directly from the site via email, as noted in the details.
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