Property score
79.1
Good
Overall 79.1 · Larger and newer than most nearby homes
1,540 sqft (top 5%) · Built in 2019 (71 yrs newer than avg)
Located in a above-average income area with median household income of ~85k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 5 parks nearby
Living Area
Above average
50% larger than neighborhood avg.
Year Built
Above average
71 yrs newer 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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79.1 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
510 Mcadam Avenue — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 310 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 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 510 Mcadam Avenue, Winnipeg
Key Characteristics & Appeal
This is a notably modern and spacious one-storey home in Winnipeg's Jefferson neighborhood. Built in 2019, its key characteristic is its newness relative to the area, placing it in the top 1-2% of homes in Jefferson for year built. With 1,540 sqft of living space, it offers significantly more room than most local comparables. The appeal lies in this combination of a modern build with above-average space on a good-sized lot (over 6,000 sqft), coupled with a recently renovated basement and a detached garage.
Its standout feature is its assessed value, which ranks in the elite top 1% for its street and neighborhood. This suggests a property that has been substantially upgraded or built to a higher standard than surrounding homes. It would suit buyers looking for a move-in-ready, contemporary home without sacrificing lot size, and who value being in an established neighborhood without the maintenance concerns of an older house. It’s a practical choice for those wanting modern interiors and systems, but may also attract investors or buyers looking for a property that already stands out in terms of municipal valuation.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessed value places this home in the top 1% for the area, which is uncommon. This typically reflects the modern construction (2019) and the renovated basement, suggesting finishes, materials, and systems that are superior to the neighborhood's older housing stock.
2. What does the sold price history indicate?
Public records show it last sold in late 2021 for an estimated range of $47.5k to $50.5k, closely aligning with its current assessed value of $49.8k. This indicates a stable valuation in recent years.
3. How does the living space compare practically?
At 1,540 sqft, this home offers about 50% more living area than the average Jefferson neighborhood home (~1,029 sqft). This means more room for families, home offices, or comfortable common areas than is typical for the area.
4. What are the implications of a detached garage?
A detached garage offers flexibility—it can be used as a workshop or project space without concerns about fumes or noise entering the house. It may also provide more options for future landscaping or garden layout on the lot.
5. Is the property likely to have higher property taxes?
Given its assessed value is in the top percentile for the neighborhood, it is almost certain that the property taxes will be correspondingly higher than those for most surrounding, older homes. This is an important factor for monthly budgeting.
