Property score
53.6
Fair
Overall 53.6 · Newer than most nearby homes
904 sqft (bottom 39%) · Built in 1954 (6 yrs newer than avg)
Located in a above-average income area with median household income of ~85k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 shops, 4 parks, and 2 place of worships nearby
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Above average
6 yrs newer than neighborhood avg.
Mother tongue
English · 64%Tagalog · 15%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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53.6 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: #46110012
$85K
Median household income
$100K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
26%
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
488 Burrin Avenue — 10 amenities found within 500 m, across 5 categories, including 1 education (nearest 253 m), 2 shopping (nearest 240 m), 4 parks (nearest 339 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 10% | Top 9% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
488 Burrin Avenue is a well-maintained one-storey home in Winnipeg's Jefferson neighbourhood, built in 1954. With 904 sqft of living space and a renovated basement, it sits on a standard 5,213 sqft lot with a detached garage. Its recent sale in August 2023 fell within the $34.5k-$37.5k range, and its current assessed value of $30.7k positions it as an above-average value within its immediate area.
Key Characteristics & Appeal
This home’s primary appeal lies in its solid, no-fuss practicality and strong value proposition within its local context. While its size is below the city-wide average, it is competitively sized for both its street and the Jefferson area, making it an efficient and manageable layout. The renovated basement adds valuable finished space. A key, less obvious strength is its relative newness compared to neighbouring homes; built in 1954, it is notably younger than many area comparables, which may suggest updates in building materials or layout. The detached garage offers flexible storage or workshop potential.
It is an ideal fit for first-time homebuyers, downsizers, or practical investors seeking an affordable, low-maintenance entry into the market. Its appeal is for those who prioritize neighbourhood value over sheer size, and who appreciate a home that is straightforward, updated where it counts (the basement), and offers a manageable yard and outbuilding.
Frequently Asked Questions
1. How does the home’s value compare to the area?
The assessed value of $30,700 is above the average for both the immediate street and the wider Jefferson area, indicating it is viewed as a higher-value property within its local market.
2. What is the significance of the "renovated basement"?
While specific details aren't listed, a renovated basement typically means the lower level is finished as livable space, adding functional square footage for recreation, storage, or additional rooms. It’s a key upgrade that enhances the home’s utility.
3. Is the lot size typical?
Yes. At just over 5,200 sqft, the lot is very close to the average for both Burrin Avenue and the Jefferson neighbourhood, offering a standard urban yard size.
4. The home sold recently in 2023. What does that price indicate?
The sold price range of $34.5k-$37.5k provides a concrete, recent market benchmark. It shows the price buyers were willing to pay just over a year ago, which is crucial for understanding current value.
5. How does the age of the home compare to others nearby?
Built in 1954, this home is newer than many on its street and in Jefferson, where average build years are 1944 and 1948, respectively. This could be an advantage regarding the potential age of core components.
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