65.4
Good
Property score
65.4
Good
Overall 65.4
Larger but older than most nearby homes
1,240 sqft (top 20%)
Built in 1938 (10 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
Above average
21% larger than neighborhood avg.
Year Built
Below average
10 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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65.4 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
471 Matheson Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 154 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 31% | Top 21% | Bottom 43% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 30% | Bottom 33% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
471 Matheson Avenue is a one-and-three-quarter storey home in Winnipeg's Jefferson neighbourhood, built in 1938. Its key appeal lies in a combination of above-average land size and a recently renovated basement, set on a quiet, established street. With 1,240 sqft of living space, it sits around the average for the area, but the lot size of over 6,000 sqft is notably larger than most in Jefferson, offering valuable outdoor space. The home features a detached garage.
The data suggests a property with solid fundamentals. Its assessed value ranks well above average for both the street and the neighbourhood, indicating it is viewed favorably compared to its immediate peers. The renovated basement adds modern livability to the classic character of a late-1930s build. This home would suit a first-time buyer or a downsizer looking for a manageable footprint without sacrificing yard space, or an investor attracted by its strong relative value within a mature community. It’s a practical choice for someone who values a bit more privacy and room to garden over a brand-new build.
Frequently Asked Questions
1. How does the value of this home compare to others nearby?
The assessed value is in the top 10% for the Jefferson neighbourhood and top 16% for Matheson Avenue itself, meaning it is consistently valued higher than most comparable homes in its immediate vicinity.
2. Is the lot size a significant feature?
Yes. The land area is a standout, ranking in the top 8% for Jefferson. At over 6,000 sqft, the lot is substantially larger than the neighbourhood average, which is a key differentiator for outdoor space and potential.
3. What should I know about the age of the home?
Built in 1938, the home is older than most in the city. While the basement has been renovated, buyers should factor in the potential maintenance and updating needs common to houses of this era, such as original windows, plumbing, or electrical systems.
4. Has the property’s value increased?
Based on available sold price ranges, the property likely appreciated between its 2017 and 2021 sales. For exact historical sold prices, you can request the information directly via the listing page.
5. What is the neighbourhood like for amenities and convenience?
Located in Jefferson, the home is near other similar properties on a quiet avenue. Specific amenities aren't detailed here, but the established nature of the area typically means proximity to local schools, parks, and main arterial routes for commuters.
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