50.8
Fair
Property score
50.8
Fair
Overall 50.8
Smaller than most nearby homes
832 sqft (bottom 29%)
Built in 1948
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: 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Near average
0 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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50.8 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
529 Mcadam Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 403 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 32% | Bottom 40% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 832 sqft one-storey home on a 4,497 sqft lot presents a practical and affordable entry point into Winnipeg’s Jefferson neighbourhood. Built in 1948, its key feature is a renovated basement, adding valuable functional space. The home is complemented by a detached garage. Its living space is notably compact compared to area averages, which translates to lower utility costs and less maintenance. The assessed value is very modest and sits around the average for the immediate area, suggesting a financially accessible property with stable municipal tax obligations.
The primary appeal lies in its efficiency and value. It suits first-time buyers seeking a manageable starter home without a large renovation project, thanks to the updated basement. It could also be an ideal investment property for a landlord looking for a lower-priced asset with solid fundamentals in a established community. A less obvious angle is its potential for someone looking to downsize and simplify, as the smaller footprint and single-level layout (assuming main-floor living) are easier to maintain.
Frequently Asked Questions
1. Is the living area too small?
At 832 sqft, the living area is below average for the street, neighbourhood, and city. This makes the home efficient and cost-effective to heat and maintain, but buyers should ensure the layout meets their spatial needs, with the renovated basement providing crucial extra space.
2. What does the assessed value indicate?
The assessed value of $29,100 is around the average for Mcadam Avenue and Jefferson. This typically suggests the property is in line with area norms and isn’t overvalued by the city for tax purposes, providing a degree of predictability for annual costs.
3. How updated is the home?
The listing specifically notes a renovated basement. The age of the home (1948) means the main structure and major systems (like roof, plumbing, electrical) are older and their condition should be verified through a professional inspection.
4. What are the comparable nearby properties like?
Recent nearby sales show homes with similar assessed values but varying sizes and conditions. For example, one reference property is larger (1,146 sqft) with a lower assessed value, while another is newer but smaller. This highlights the importance of viewing condition and layout beyond raw metrics.
5. How can I get exact historical sale prices?
Exact sold prices are not publicly displayed. The listing service offers to provide this data manually via email request, with a stated policy of not using contact information for unsolicited marketing.
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