Property score
58.4
Fair
Overall 58.4 · Compared with neighbourhood average
918 sqft (bottom 41%) · Built in 1952 (4 yrs newer than avg)
Located in a high-income area with median household income of ~92k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Near average
11% smaller than neighborhood avg.
Year Built
Near average
4 yrs newer than neighborhood avg.
Mother tongue
English · 67%Tagalog · 14%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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58.4 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: #46110028
$92K
Median household income
$101K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
23%
Single-person households
32%
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
538 Seven Oaks Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 303 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 33% | Top 23% | Bottom 42% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 17% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
538 Seven Oaks Avenue is a one-storey home in Winnipeg's Jefferson neighbourhood, built in 1952. It sits on a standard 4,498 sqft lot and features 918 sqft of living space with a renovated basement and a detached garage. Its recent sale price and assessed value are consistently in the high $20,000s to low $30,000s range, positioning it as a notably affordable entry point into the Winnipeg market.
Key Characteristics & Appeal
This home’s primary appeal is its straightforward affordability and functional layout. It suits first-time buyers, investors, or downsizers seeking a low-cost foothold in the city with minimal financial barrier to entry. The renovated basement adds practical liveable or storage space, a valuable upgrade in a home of this vintage.
From a less obvious perspective, its value lies in its "average" metrics within its immediate area. While its size and value are below the city-wide average, they are typical for Jefferson and Seven Oaks Avenue. This suggests a stable, established community without the premium of more sought-after districts. The home is not a standout in terms of size or lot, but it represents a pragmatic, no-frills option in a neighbourhood where it fits right in. The detached garage is a practical asset for storage or vehicle protection, adding tangible utility.
Frequently Asked Questions
1. Is this a "tiny home"?
No. While its living area is below the city average, its 918 sqft is quite typical for its specific street and neighbourhood, placing it in the top two-thirds of similar Jefferson homes for size.
2. Why is the assessed value so much lower than the city-wide average?
Property assessments reflect local market conditions. The average assessed value in Jefferson is significantly lower than the Winnipeg-wide average, which is skewed higher by newer, larger homes in suburban areas. This home’s assessment is aligned with its immediate community.
3. What does the sold price history indicate?
The history shows a significant increase in value from the 2016 sale to the 2024 sale. This indicates strong appreciation over that period, though the home remains at a very accessible price point compared to the broader market.
4. Who would this property not suit?
It may not suit buyers looking for a modern, move-in-ready home without any projects, or those who prioritize a large yard or above-average interior square footage. The layout and finishes will be characteristic of its 1950s build.
5. How does the lot size compare?
The lot is just under 4,500 sqft, which is very standard for the area and provides a decent-sized yard for a home of this era, though it is smaller than the typical lot found in newer city subdivisions.
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