536 Matheson Avenue

Jefferson, Winnipeg

Property score

57.4

Fair

Overall 57.4 · Older than most nearby homes

1,051 sqft (top 42%) · Built in 1946 (2 yrs older than avg)

Located in a above-average income area with median household income of ~84k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 shop, and 5 parks nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 69%Tagalog · 16%

Past 10 years Jefferson sales snapshot (~80% of all data)

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

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Property score

57.4 is composed by the two sections below.

Property Score

46.2Low
Living Area52
1,051 sqftFair
Year Built30
1946Low
Lot Size46
3,758 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

74.3Good
Household Income78
Good
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health68
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110029

Community deep dive

$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

Population, labour & age

Population (2021)678
Labour force participation rate69%
Median age36.4
Avg household size2.5
Unemployment rate13%
Population density3766 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households28%
Couple families with children28%
Median household income (2020)$84K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority31%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 16%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,051 sqft
0255075100
Same streetBottom 40%Same areaTop 42%CitywideBottom 33%
Same street · Matheson Avenue
#170 / 281
Bottom 40% · Avg 1,227 sqft
Same area · Jefferson
#1,161 / 2,763
Top 42% · Avg 1,029 sqft
Citywide · Winnipeg
#129,376 / 194,458
Bottom 33% · Avg 1,342 sqft

Tax-Assessed Value

below average
241k
0255075100
Same streetBottom 19%Same areaBottom 20%CitywideBottom 15%
Same street · Matheson Avenue
#229 / 281
Bottom 19% · Avg 289.7k
Same area · Jefferson
#2,221 / 2,763
Bottom 20% · Avg 282.9k
Citywide · Winnipeg
#164,941 / 194,458
Bottom 15% · Avg 390.1k

Year Built

around average
1946
0255075100
Same streetTop 44%Same areaBottom 25%CitywideBottom 23%

Lot Size

below average
3,758 sqft
0255075100
Same streetBottom 23%Same areaBottom 20%CitywideBottom 22%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

536 Matheson Avenue — 6 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 474 m), 5 parks (nearest 260 m).

Search radius
🛒Shopping1
🌳Parks5

Crime & Safety

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%

Sales History

Sold 2/2016CA$200k–250k
Sold price

Same street

Bottom 18%

Same area

Bottom 21%

City-wide

Bottom 12%

Related homes

Highlights & common questions: 536 Matheson Avenue, Winnipeg

Property Overview

This one-and-a-half storey home on Matheson Avenue presents a practical entry point into Winnipeg's Jefferson neighbourhood. Built in 1946, it offers 1,051 sqft of living space with a detached garage and an unfinished basement. The data reveals a property that sits consistently "around average" in size for its area but stands out for its notably low assessed value, which ranks in the top 15-20% lowest for the street, neighbourhood, and city. This creates a clear value proposition: a home with functional space in an established area at a below-market municipal valuation. Its appeal lies in its affordability and potential. It suits first-time buyers, investors looking for a rental property with a manageable entry cost, or hands-on owners who see value in a home that hasn't been renovated and allows for personalization over time. A thoughtful perspective is that its average living space on a smaller lot minimizes exterior maintenance, focusing investment on the interior, while its low assessment could be a long-term tax advantage.

Frequently Asked Questions

1. What does the assessed value tell me about the listing price?
The assessed value is for municipal tax purposes and is typically lower than market value. This home's assessment is in the bottom 20% for the city, suggesting a potentially lower-than-average asking price, but the final sale price will be determined by current market conditions.

2. Is the unfinished basement a drawback?
Not necessarily. While it requires work to become living space, it provides ample storage and represents a clear opportunity to add value and customize the home to a new owner's needs without having to undo a previous renovation.

3. How does the home's size compare practically?
At 1,051 sqft, it offers slightly more space than the Winnipeg average for homes but less than the average on Matheson Avenue itself. This indicates a efficient, likely cozy layout that is sufficient for a small family or couple but may feel compact for those needing ample room.

4. The home is older—what should I consider?
Built in 1946, it is older than most homes in Jefferson and citywide. This warrants a thorough inspection for foundational integrity, wiring, plumbing, and insulation. However, its age is typical for the street, meaning local contractors are likely familiar with homes of this era.

5. Can I get the exact historical sale prices?
The provided sold price history is an estimated range from public data. You can request the exact sale prices by emailing the site; they provide this detail manually and state they will not use your contact information for unsolicited marketing.