58.8
Fair
Property score
58.8
Fair
Overall 58.8
Compared with neighbourhood average
1,069 sqft (top 39%)
Built in 1949 (1 yr newer than avg)
Located in a above-average income area
with median household income of ~85k
Transit 80.0
3-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
Near average
4% larger than neighborhood avg.
Year Built
Near average
1 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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58.8 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
480 Mcadam Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 212 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 37% | Bottom 45% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 480 Mcadam Avenue in Winnipeg's Jefferson neighbourhood presents a practical and straightforward opportunity. Built in 1949, it features 1,069 sqft of living space and a renovated basement, sitting on a 4,179 sqft lot with a detached garage. The data shows it is consistently "around average" for its immediate street and area in terms of living space, assessed value, and year built, though its lot size is below the local average. Its appeal lies in its modesty and stability—it's a home that doesn't stand out dramatically in its local context, which can mean fewer surprises and a predictable, manageable footprint. It would suit first-time buyers or downsizers looking for a solid, no-frills home in an established area, or an investor seeking a rental property with a functional layout and recent basement updates. A thoughtful perspective is that a home ranking steadily average in its immediate vicinity can indicate a stable, integrated presence in the neighbourhood, potentially offering a quieter entry point without the premium or the challenges of a standout property.
Frequently Asked Questions
1. How does this home's value compare to others in Winnipeg?
The assessed value is around average for Jefferson and Mcadam Avenue, but ranks below the city-wide average, reflecting its more modest scale compared to the broader Winnipeg market.
2. What is the significance of the lot size being "below average"?
The 4,179 sqft lot is smaller than many in the area. This typically means less yard maintenance, but also less private outdoor space. It's a trade-off that prioritates efficiency over expansiveness.
3. The home sold in 2020. Is there a way to know the exact price?
Yes. The provided sold price is a public data range. The listing service offers to provide the exact sold price via email upon request, which they handle manually without using your email for marketing.
4. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or listing agent to understand the finish quality and potential for added living space.
5. The home is 77 years old. What should I consider?
While the year built is typical for Jefferson, a home of this age will have a focus on maintenance. The renovated basement is a plus, but attention should be paid to the condition of core systems like plumbing, electrical, and the foundation, which are common update points for houses from this era.
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