Property score
48.5
Below average
Overall 48.5 · Smaller than most nearby homes
792 sqft (bottom 25%) · Built in 1949 (1 yr newer than avg)
Located in a above-average income area with median household income of ~84k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 3 parks nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 69%Tagalog · 16%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
48.5 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: #46110029
$84K
Median household income
$92K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
28%
Single-person households
28%
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 Smithfield Avenue — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 454 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 8% | 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 Smithfield Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1949, featuring a renovated basement and a detached garage. With 792 sqft of living space, it is notably smaller than the Winnipeg average, offering a low-maintenance footprint. The lot is a standard city size at just over 5,300 sqft. Its assessed value is significantly below the citywide average, reflecting its scale and neighbourhood.
The appeal lies in its practicality and position as an affordable entry point into the market. It suits first-time buyers, downsizers, or investors seeking a straightforward, renovate-ready property without the burden of a large mortgage or excessive upkeep. A thoughtful perspective is its relative modernity for the area—built in 1949, it is newer than many immediate neighbours, potentially meaning fewer concerns with outdated building practices common in earlier eras. While compact, the renovated basement adds functional space, and the detached garage provides valuable storage or workshop potential not always found in this price segment.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 792 sqft, the living area is smaller than the average home in the Jefferson area (approx. 1,029 sqft) and significantly smaller than the Winnipeg average. On its own street, however, it ranks in the top 63% for size, meaning there are many smaller homes nearby, so it fits the local character.
2. What does the assessed value indicate?
The assessed value of $29,400 is around average for the Jefferson neighbourhood and on Smithfield Avenue itself, but it is well below the citywide average. This typically suggests a more affordable purchase price and correspondingly lower property taxes compared to many parts of Winnipeg.
3. Has the property sold recently?
Yes, it sold in October 2019 for a price range estimated between $17.5k and $20.5k. The exact sale price can be requested directly from the site.
4. What are the less obvious considerations for a home of this age?
While built in 1949, key systems like wiring, plumbing, and the roof may be original or have undergone partial updates. A thorough inspection is crucial. The renovated basement is a plus, but it’s important to verify the quality of the work and whether proper permits were obtained.
5. Who might this property not suit?
It may not suit buyers needing multiple bedrooms, ample living space, or modern open-concept layouts. The smaller square footage requires efficient use of space. Those prioritizing strong value appreciation might also note that its assessed value ranks below average citywide.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
