53.0
Fair
Property score
53.0
Fair
Overall 53.0
Newer than most nearby homes
936 sqft (bottom 43%)
Built in 1954 (6 yrs newer than avg)
Located in a above-average income area
with median household income of ~85k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 1 school, 1 shop, 4 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
Near average
9% smaller than neighborhood avg.
Year Built
Above average
6 yrs newer than neighborhood avg.
Mother tongue
English · 64%Tagalog · 15%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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53.0 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: #46110012
$85K
Median household income
$100K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
26%
Single-person households
26%
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
506 Kilbride Avenue — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 109 m), 1 shopping (nearest 169 m), 4 parks (nearest 326 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 50% | Bottom 25% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 506 Kilbride Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home on a generous 4,501 sqft lot in Jefferson presents a practical and value-oriented opportunity. Built in 1954, it is notably newer than many homes on its street and in the immediate area, which can suggest updated infrastructure. The 936 sqft living space is comfortably above average for Kilbride Avenue, and the home features a renovated basement and a detached garage. Its assessed value of $280k ranks well above average for the street, indicating it is viewed as a higher-quality asset in its immediate context, though it sits below the citywide average.
The appeal lies in its position as a solid, established home in a neighbourhood of peers. It suits first-time buyers or downsizers looking for a manageable, single-level layout with a renovated basement for extra space. The above-average lot size for the street offers good outdoor potential. A thoughtful perspective is that this property represents a "middle ground" investment—it's not the newest or largest in the city, but it stands out positively on its own street, offering a sense of relative value and stability within a specific, familiar community.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in June 2020 for an estimated $19.5k-$22.5k. The current assessed value of $280k is significantly higher, reflecting market changes and provincial assessment formulas. It's essential to get an exact sale price history and a current market evaluation.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and whether it includes a separate entrance or legal suite potential.
3. Is the detached garage insulated or heated?
This detail isn't provided. The condition and usability of the detached garage across Winnipeg winters would be a key point of clarification.
4. How does the living space feel for a one-storey home?
At 936 sqft, the main floor living area is above average for the street. However, the total usable space, including the renovated basement, will define the home's functional size.
5. Why is the year built considered an advantage here?
Built in 1954, this home is decades newer than the average home on Kilbride Avenue (avg. ~1939). This can often mean fewer issues with very old plumbing, electrical, or foundations common in pre-war houses, though a thorough inspection remains crucial.
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