57.8
Fair
Property score
57.8
Fair
Overall 57.8
Compared with neighbourhood average
912 sqft (bottom 40%)
Built in 1950 (2 yrs newer than avg)
Located in a above-average income area
with median household income of ~82k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 3 schools, 1 shop, 1 park, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
11% smaller than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 58%Tagalog · 18%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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57.8 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: #46110027
$82K
Median household income
$95K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
30%
Single-person households
26%
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
481 Jefferson Avenue — 6 amenities found within 500 m, across 4 categories, including 3 education (nearest 357 m), 1 shopping (nearest 384 m), 1 parks (nearest 438 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 28% | Top 26% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 481 Jefferson Avenue
Key Characteristics & Buyer Appeal
This one-storey home at 481 Jefferson Avenue is a practical property that stands out for its generous lot size. With 5,880 square feet of land, the lot is notably larger than most in the immediate Jefferson area, offering above-average outdoor space for gardening, play, or future expansion. The house itself, built in 1950, is a modest 912 square feet with a renovated basement and a detached garage. Its living space and assessed value are very typical for the neighborhood, positioning it as an affordable and straightforward entry into the market.
The primary appeal lies in this balance of a manageable, updated living space on a substantial lot. It suits first-time homebuyers or practical downsizers looking for a low-maintenance home without sacrificing yard space. It would also appeal to value-focused investors or buyers who see potential in the land itself, perhaps for a future addition, garden suite, or simply as a long-term hold in a stable area. A less obvious perspective is that its "average" metrics for the street mean you're less likely to overpay for premium finishes or square footage, allowing budget to be allocated to personalization or the savings from that larger lot.
Frequently Asked Questions
1. Is the lot size a significant advantage?
Yes. The property ranks in the top 18% for land area on Jefferson Avenue, meaning you get more yard than most nearby homes. This is its most distinguishing physical feature.
2. How does the home's size compare to others?
At 912 sqft, the living area is slightly below the city-wide average but is very typical for the Jefferson neighborhood itself, where comparable homes average about 1,029 sqft.
3. What does the assessed value indicate?
The assessed value of $28,400 is around the average for both the street and the Jefferson area, suggesting the property is priced consistently with its immediate market, not as a premium or deeply discounted listing.
4. Are recent sold prices available for this home?
The last recorded sale was in July 2022. For the exact sold price, you can request the information via email from the listing source; they provide this data manually.
5. What are the less obvious considerations?
The home's age (76 years) means systems like plumbing, electrical, or the roof should be carefully inspected despite the renovated basement. Also, while the detached garage adds flexibility, its condition and potential distance from the house are worth noting for convenience.
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