Property score
48.7
Below average
Overall 48.7 · Smaller and older than most nearby homes
759 sqft (bottom 19%) · Built in 1945 (3 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 shop, and 5 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
3 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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48.7 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
496 Matheson Avenue — 6 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 471 m), 5 parks (nearest 251 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 13% | Bottom 17% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 496 Matheson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1945, situated on a standard-sized lot in the Jefferson neighbourhood. Its key characteristic is its modest scale, with a living area of 759 sq ft that is notably smaller than most comparable homes in the area, city, and on its own street. This is balanced by a recently renovated basement, adding functional space, and a detached garage.
The appeal lies in its affordability and practicality. With an assessed value that is around average for its immediate area but below the city-wide average, it represents a potentially accessible entry point into the Winnipeg market. It suits first-time buyers, downsizers, or investors looking for a straightforward, lower-maintenance property. The renovated basement adds value, offering flexibility for a utility room, storage, or a recreational space. A thoughtful perspective is that its smaller size and average lot could mean lower utility costs and less upkeep, appealing to those seeking efficiency over expansiveness.
Section 2: Frequently Asked Questions
1. How does the home's smaller size impact its value?
While the living area is below average, the assessed value is competitive for the Jefferson area. This suggests the renovated basement and lot value contribute significantly, potentially offering value per dollar for buyers who prioritize efficient use of space over square footage.
2. What does the sold price history indicate?
The home sold in late 2017 for an estimated range of $17.5k to $20.5k. It is crucial to request the exact sold price from the provided service for accurate historical comparison, as this range is based on public data and may not reflect final sale terms.
3. Is the property typical for the neighbourhood?
In terms of assessed value and lot size, it is around average for Jefferson. However, it is an older home on a street with properties of varying ages and sizes, so direct comparisons with immediate neighbours are essential.
4. What are the implications of a 1945 build date?
The home is older than many in the city. This typically warrants a careful inspection of core systems (roof, wiring, plumbing) for updates, but it also comes with the character and established neighbourhood feel of a post-war property.
5. Who might this property not suit?
Buyers needing significant space or modern, open-concept layouts may find the footprint limiting. Its appeal is targeted towards those comfortable with a compact, traditional layout who see potential in the updated basement area.
