497 Perth Avenue

Jefferson, Winnipeg

Property score

67.4

Good

Overall 67.4 · Larger and newer than most nearby homes

1,244 sqft (top 20%) · Built in 1957 (9 yrs newer than avg)

Located in a above-average income area with median household income of ~82k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 shop, 2 parks, and 1 place of worship nearby

Living Area

Above average

21% larger than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 58%Tagalog · 18%

Past 10 years Jefferson sales snapshot (~80% of all data)

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

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Property score

67.4 is composed by the two sections below.

Property Score

60.3Fair
Living Area1,244 sqft66Good
Year Built195743Low
Lot Size5,021 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

78.0Good
Household Income77Good
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110027

Community deep dive

$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

Population, labour & age

Population (2021)591
Labour force participation rate72%
Median age40.0
Avg household size2.5
Unemployment rate16%
Population density3283 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households30%
Couple families with children26%
Median household income (2020)$82K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority44%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 58%
Mother tongue (2nd)Tagalog · 17%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,244 sqft
0255075100
Same streetTop 23%Same areaTop 20%CitywideTop 46%
Same street · Perth Avenue
#48 / 206
Top 23% · Avg 1,055 sqft
Same area · Jefferson
#540 / 2,763
Top 20% · Avg 1,029 sqft
Citywide · Winnipeg
#89,786 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

Elite
365k
0255075100
Same streetTop 5%Same areaTop 5%CitywideTop 49%
Same street · Perth Avenue
#10 / 206
Top 5% · Avg 279.6k
Same area · Jefferson
#132 / 2,763
Top 5% · Avg 282.9k
Citywide · Winnipeg
#94,553 / 194,458
Top 49% · Avg 390.1k

Year Built

above average
1957
0255075100
Same streetTop 12%Same areaTop 10%CitywideBottom 37%

Lot Size

around average
5,021 sqft
0255075100
Same streetTop 48%Same areaTop 40%CitywideBottom 46%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

497 Perth Avenue — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 249 m), 1 shopping (nearest 226 m), 2 parks (nearest 389 m).

Search radius
🏫Education2
🛒Shopping1
🌳Parks2
Worship1

Crime & Safety

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%

Sales History

Sold 7/2017CA$300k–350k
Sold price

Same street

Top 18%

Same area

Top 23%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 497 Perth Avenue, Winnipeg

Property Overview: 497 Perth Avenue, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Jefferson presents a compelling blend of space, value, and established neighbourhood character. Its 1,244 sqft of living area is notably above average for both its immediate street and the wider Jefferson area, offering more interior room than many comparable properties. A key standout feature is the home's renovated basement, which adds significant functional space and modern convenience to the 1957 structure.

The appeal here is strongly rooted in value and location. The property's assessed value places it in the elite top 5% for its neighbourhood and street, suggesting it is a high-value proposition within its immediate market context. It sits on a standard 5,000 sqft lot, typical for the area, providing a balanced outdoor space. The detached garage adds practical utility. A thoughtful perspective is that this home represents a "best-in-class" option for its specific locale—it outperforms most direct peers on key metrics like size and assessed value, offering the amenities of an established community without a premium city-wide price tag. It would suit value-conscious buyers looking for move-in-ready space in a mature neighbourhood, particularly those prioritizing a renovated basement and more square footage than is commonly available on the block.


Frequently Asked Questions

1. Why is the assessed value so high compared to the last sold price in 2017?
The assessed value is a current government valuation for tax purposes, reflecting market trends and improvements. The 2017 sale price is a historical figure; the significant gap likely indicates strong area appreciation and the added value of renovations since that last sale.

2. What does the "elite" top 5% assessed value ranking mean for me?
While it suggests the property is highly valued relative to its neighbours, it primarily means your property taxes will be benchmarked against higher-value homes. It's a sign of the home's standing in the local market, but not a direct appraisal of resale value.

3. Is a house built in 1957 a concern?
The year built (1957) is actually newer than most on the street and in Jefferson, ranking in the top 10-12%. While due diligence on older systems is always wise, this home is relatively modern for this established neighbourhood.

4. What are the implications of the above-average living area?
With 1,244 sqft, you're getting more interior space than approximately 80% of homes in Jefferson. This is a practical advantage, but it also means utility and maintenance costs may be slightly higher than for smaller, average homes in the area.

5. How can I get the exact historical sold price?
The precise sale price is not publicly listed in detail. As noted on the listing, you can request it directly via email from the source; they provide this data manually without using your email for unsolicited marketing.

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