Property score
47.9
Below average
Overall 47.9 · Smaller and older than most nearby homes
759 sqft (bottom 19%) · 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
Below average
26% smaller 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)
1,026
320k
$314/sqft
1948
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47.9 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: #46110905
$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
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
504 Matheson Avenue — 6 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 470 m), 5 parks (nearest 258 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 30% | Bottom 33% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 504 Matheson Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1943, situated on a standard-sized lot in the Jefferson neighbourhood. Its primary appeal lies in its position as a modest, entry-level property with a recently renovated basement, offering functional living space at a scale that is manageable and affordable. The home’s living area (759 sq ft) is notably below average for the city, which translates to lower utility costs and less maintenance—a practical advantage for the right buyer.
The data reveals a thoughtful perspective: while the house itself is smaller than most, its assessed value is around average for its immediate street and neighbourhood. This suggests you are paying more for the location and land than for the structure's size, which is a common trade-off in established areas. The renovated basement adds valuable flexible space, compensating for the main floor's modest footprint. This property would suit first-time buyers, downsizers, or pragmatic investors looking for a straightforward, low-maintenance home in a central Winnipeg neighbourhood without the premium of a larger, modern build.
Frequently Asked Questions
1. Is the house too small?
At 759 sq ft, the living area is significantly smaller than the Winnipeg average. However, the renovated basement provides additional usable space. It’s best suited for individuals, couples, or those who prioritize efficient living over ample square footage.
2. What does the assessed value tell me?
The assessed value (~$29.7k) is around average for Matheson Avenue and Jefferson. This indicates the property is priced in line with its immediate location, though its value is below the citywide average, reflecting its smaller size and older age.
3. How does the year built (1943) affect the home?
Built 83 years ago, it is older than most homes in Winnipeg. Buyers should budget for potential updates to older mechanical systems (like plumbing or wiring) and ensure a thorough inspection, though the basement renovation is a positive modern update.
4. What are the comparable nearby properties like?
Listed comparables on the same street, like 563 and 575 Matheson Avenue, are similar in size and value. This consistency suggests the asking price is likely aligned with the local market for homes of this type and vintage.
5. How can I get the exact historical sold price?
The exact sold price from its last transaction (April 2016) is not publicly displayed in detail here. You can request the precise figure by emailing the provided service, which manually supplies the data without using your email for marketing.
