75.2
Good
Property score
75.2
Good
Overall 75.2
Larger and newer than most nearby homes
1,397 sqft (top 9%)
Built in 2021 (73 yrs newer than avg)
Located in a high-income area
with median household income of ~92k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, 1 shop, 2 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
36% larger than neighborhood avg.
Year Built
Above average
73 yrs newer than neighborhood avg.
Mother tongue
English · 67%Tagalog · 14%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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75.2 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: #46110028
$92K
Median household income
$101K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
23%
Single-person households
32%
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
501 Seven Oaks Avenue — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 448 m), 1 shopping (nearest 487 m), 2 parks (nearest 394 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 2% | Top 1% | Top 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 4% | Top 2% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 501 Seven Oaks Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home at 501 Seven Oaks Avenue is a notably modern property in a neighbourhood of mostly older homes. Built in 2021, it is one of the newest houses on its street and in the wider Jefferson area, offering move-in readiness without the immediate need for updates. Its key appeal lies in this combination of new construction and above-average interior space. With 1,397 sqft of living area, it provides more room than most comparable homes in its immediate vicinity. The property has a strong assessed value relative to its neighbours, placing it in the top tier for the area, which suggests a solid investment in a community with established character.
The home would suit first-time buyers or downsizers seeking a modern, low-maintenance property without leaving a mature neighbourhood. It’s also a practical choice for those who value newer mechanical systems and building codes but prefer the lot sizes and tree-lined streets typical of older Winnipeg communities. A thoughtful perspective is that while the house itself is new and spacious, the lot is smaller than area averages. This trade-off means less yard upkeep but also limited private outdoor space, making it ideal for buyers who prioritize the home's interior and community amenities over extensive gardening or landscaping.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is present but unrenovated. This provides useful storage or mechanical space and offers potential for future customization, subject to permits and inspections.
2. What are the parking arrangements?
The listing indicates there is no garage. Buyers should investigate on-street parking regulations or the possibility of adding a driveway or carport.
3. How does the assessed value compare to recent sale prices?
The current assessed value is $38,100. The home last sold in late 2023 for an estimated range of $41,500-$44,500. This indicates the assessed value is used for tax purposes and may not reflect current market value.
4. The home is new, but is it in a flood zone or have any development restrictions?
Prospective buyers should always consult the City of Winnipeg’s zoning maps and floodway information for the specific address to understand any land use restrictions or environmental considerations.
5. Are there any known issues with newer homes in this area?
While newer homes typically have fewer immediate repair concerns, it’s always wise to have a thorough inspection. For a home built in 2021, inquire about the builder’s reputation, the status of any remaining new home warranty, and the condition of early landscaping and grading.
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