500 Matheson Avenue

Jefferson, Winnipeg

Property score

58.7

Fair

Overall 58.7 · Older than most nearby homes

1,076 sqft (top 37%) · Built in 1943 (5 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

Near average

5% larger than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 11%

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

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

Need help understanding this property?

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

Property score

58.7 is composed by the two sections below.

Property Score

47.1Low
Living Area1,076 sqft52Fair
Year Built194324Low
Lot Size4,683 sqft60Fair
Neighbourhood Sales Activity42Low

Community Score

76.2Good
Household Income79Good
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110905

Community deep dive

$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

Population, labour & age

Population (2021)656
Labour force participation rate70%
Median age37.2
Avg household size2.6
Unemployment rate7%
Population density3644 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households29%
Couple families with children29%
Median household income (2020)$85K

Housing

Renter households18%
Condominium dwellings0%
Median dwelling value (owners)$270K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority19%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 10%

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

Rankings

Living Area

around average
1,076 sqft
0255075100
Same streetBottom 43%Same areaTop 37%CitywideBottom 37%
Same street · Matheson Avenue
#161 / 281
Bottom 43% · Avg 1,227 sqft
Same area · Jefferson
#1,036 / 2,763
Top 37% · Avg 1,029 sqft
Citywide · Winnipeg
#123,330 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
293k
0255075100
Same streetTop 48%Same areaTop 44%CitywideBottom 27%
Same street · Matheson Avenue
#134 / 281
Top 48% · Avg 289.7k
Same area · Jefferson
#1,216 / 2,763
Top 44% · Avg 282.9k
Citywide · Winnipeg
#141,299 / 194,458
Bottom 27% · Avg 390.1k

Year Built

around average
1943
0255075100
Same streetTop 48%Same areaBottom 21%CitywideBottom 20%

Lot Size

around average
4,683 sqft
0255075100
Same streetBottom 40%Same areaBottom 40%CitywideBottom 37%

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

500 Matheson Avenue — 6 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 470 m), 5 parks (nearest 256 m).

Search radius
🛒Shopping1
🌳Parks5

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 11/2019CA$250k–300k
Sold price

Same street

Top 50%

Same area

Top 42%

City-wide

Bottom 29%
Sold 5/2019CA$200k–250k
Sold price

Same street

Bottom 15%

Same area

Bottom 18%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 500 Matheson Avenue, Winnipeg

Property Overview: 500 Matheson Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1943, presents a practical opportunity in Winnipeg's Jefferson neighbourhood. With 1,076 sqft of living space and a renovated basement, it offers functional space on a standard 4,683 sqft lot, complemented by a detached garage. Its appeal lies in its straightforward, no-frills value. The data indicates the home is consistently "around average" for its immediate street and neighbourhood in terms of size, lot, and assessed value, suggesting it is a typical, well-priced property for the area without major outliers. It would suit first-time buyers or practical investors looking for an entry-point home with some updates (like the basement) in an established community. A thoughtful perspective is that its very "averageness" for Jefferson can be a stability advantage, minimizing the risk of overpaying compared to nearby homes, while the below-average citywide assessment could indicate a more manageable property tax burden.

Section 2: Frequently Asked Questions

1. What is the exact recent sold price history?
The available public data shows estimated sale ranges, with the most recent transaction noted for November 2019. For precise sale figures, you must request the information directly via the provided email service.

2. How does this home truly compare to others in the area?
The metrics show this home is solidly middle-of-the-road for Matheson Avenue and the Jefferson neighbourhood in terms of living area, lot size, and assessed value. It is not the largest or newest, but it consistently ranks close to the median, indicating it is a representative property for this specific location.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify with the seller or listing agent to understand the quality of the update and its potential uses.

4. Are the property taxes likely to be lower than a newer home?
Potentially, yes. The home's assessed value is notably below the citywide average for comparable properties (ranking in the top 73%, meaning it's assessed lower than 73% of homes citywide). This often correlates with a relatively lower property tax bill compared to newer or more extensively renovated homes.

5. What are the implications of the home's age (1943)?
Built 83 years ago, the home is older than most in both Jefferson and Winnipeg overall. This suggests potential for character but also means a thorough inspection is essential to understand the condition of core systems like plumbing, electrical, and the foundation, which may be original or partially updated.

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.