Property score
48.5
Below average
Overall 48.5 · Smaller than most nearby homes
792 sqft (bottom 25%) · Built in 1950 (2 yrs 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: 1 park nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
2 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
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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
501 Smithfield Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 465 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%
501 Smithfield Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 501 Smithfield Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a standard city lot presents a practical and value-oriented opportunity in the Jefferson neighbourhood. Its key characteristic is a renovated basement, adding functional living space to the 792 sqft main floor. The detached garage offers utility and storage. Built in 1950, it is a newer construction compared to many on its street, which can mean fewer concerns with aging core components.
The appeal lies in its strong value proposition. The home's assessed value ranks above average for both its immediate street and the Jefferson area, suggesting it is viewed favorably relative to its local peers. This indicates a solid foundation of equity. It suits first-time buyers seeking a manageable, move-in-ready starter home with updated essentials, or investors looking for a straightforward rental property with a desirable modernized feature (the basement) in a stable, established neighbourhood.
A less obvious perspective is the lot size. While average for the city, the land area is above average for Jefferson, offering slightly more outdoor space than many nearby properties—a subtle perk for gardening or expansion. Additionally, its "newer" vintage for the street may translate to more modern wiring, plumbing, or insulation compared to neighbouring, older homes.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 792 sqft, the main living area is below the average for both the Jefferson neighbourhood and Winnipeg overall. However, the renovated basement provides additional finished space, effectively increasing the usable square footage.
2. What does the above-average assessed value ranking mean?
The home’s assessed value is higher than most comparable homes on its street and in Jefferson. This typically reflects factors like the basement renovation, the lot size, and its condition, suggesting the property has been maintained or improved in ways that official valuation recognizes.
3. Is the 1950 build date a concern?
While 76 years old, the data shows this home is actually newer than 85% of the houses on Smithfield Avenue. This relative age can be an advantage, potentially meaning updates to foundational elements have already been addressed.
4. What is the neighbourhood context of Jefferson?
The provided data compares the home only within Jefferson and city-wide benchmarks. Prospective buyers should research the neighbourhood separately for insights on amenities, schools, and community feel to see if it aligns with their lifestyle.
5. How useful are the comparisons to nearby and similarly-valued properties?
The listed nearby properties (e.g., 505, 497 Smithfield) give a direct sense of the streetscape and immediate market. The homes with similar assessed values across different neighbourhoods highlight what price point this home occupies city-wide, useful for understanding your buying power in various areas.
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