61.0
Fair
Property score
61.0
Fair
Overall 61.0
Newer than most nearby homes
954 sqft (bottom 45%)
Built in 2019 (71 yrs 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
7% smaller than neighborhood avg.
Year Built
Above average
71 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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61.0 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
487 Matheson Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 221 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 44% | Top 48% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 487 Matheson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 487 Matheson Avenue presents a compelling mix of modern convenience and practical living. Its standout feature is its age—built in 2019, it is a notably newer construction compared to most homes in the Jefferson area and across Winnipeg. This translates to modern building standards, likely greater energy efficiency, and minimal immediate repair needs. With 954 sqft of living space and an unrenovated basement, it offers functional room to grow.
The appeal here is grounded in value and simplicity. The assessed value is strong for the Jefferson neighbourhood, suggesting a good perception of worth relative to nearby properties. However, the lot size is compact, even by city standards, which means lower maintenance but less private outdoor space. This home would suit first-time buyers or downsizers seeking a modern, low-maintenance property without the premium price tag of a brand-new build. It’s a practical choice for someone who prioritizes a newer interior over a large yard.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value of $310k ranks above average for the Jefferson neighbourhood, indicating it holds perceived value well against local comparables. City-wide, however, it sits around the average mark.
2. What are the implications of the smaller lot size?
At 2,881 sqft, the lot is compact. This typically means less yard work and lower exterior maintenance costs, but it also offers less privacy and limited space for expansions like decks, sheds, or gardens.
3. What does “basement, not renovated” mean?
The home includes a basement, but it is in original, unfinished condition from the 2019 build. This presents a blank canvas for future development, adding potential value, but will require an investment to finish.
4. Is this a good investment compared to older homes on the street?
The data shows that while the living area is below average for Matheson Avenue, the home is one of the newest on the block. This modern foundation could mean fewer unexpected repair costs than with an older home, a trade-off for the smaller footprint.
5. How current is the price history provided?
The sold price history shown is an estimated range based on public data. For the exact sale price, you must request it directly via the provided email service, which manually retrieves and verifies the accurate figure.
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