Property score
55.6
Fair
Overall 55.6 · Smaller than most nearby homes
812 sqft (bottom 27%) · Built in 1951 (3 yrs newer than avg)
Located in a above-average income area with median household income of ~82k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 2 shops, 4 parks, and 1 place of worship nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 58%Tagalog · 18%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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55.6 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: #46110027
$82K
Median household income
$95K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
30%
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
551 Jefferson Avenue — 9 amenities found within 500 m, across 4 categories, including 2 education (nearest 403 m), 2 shopping (nearest 487 m), 4 parks (nearest 207 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 47% | Top 46% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This well-situated one-storey home on a large 6,084 sqft lot offers a practical and straightforward opportunity in Winnipeg's Jefferson neighbourhood. Its key appeal lies in a combination of space and value: the lot size is notably generous, ranking in the top 12% for the street and top 8% for the wider neighbourhood, providing ample outdoor potential. The home itself is modest in size at 812 sqft, but benefits from a renovated basement, adding functional living space. With a recent sale in 2022 and a current assessed value that aligns closely with the local market, it presents a stable, lower-entry point into homeownership.
The property would suit first-time buyers seeking a manageable home with a large yard, or investors looking for a land-value play with a rentable dwelling. Its smaller living footprint and dated 1951 construction may not appeal to those seeking modern, open-concept layouts without significant updates. A thoughtful perspective is that the large lot, in a mature area, represents a long-term asset that may offer more future flexibility or value appreciation than the house itself.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The lot is a significant feature, larger than 92% of properties in the Jefferson neighbourhood. This is well above average for the area.
2. What is the significance of the 2022 sale price?
The home sold for $26.7k in April 2022. The current assessed value of $30.3k suggests a stable market valuation in line with area trends since that transaction.
3. Is the living space smaller than average?
Yes. At 812 sqft, the above-ground living area is smaller than most homes in Winnipeg, ranking in the top 89% (meaning 89% of homes are larger). The renovated basement provides crucial additional space.
4. What are comparable homes in the area like?
Listings often viewed alongside this property range from similar-sized, older homes on Jefferson Avenue to larger, newer builds in adjacent neighbourhoods like Garden City, reflecting a trade-off between size, modernity, and price point.
5. How old is the home, and what does that imply?
Built in 1951, the home is older than about 74% of properties in Winnipeg. Buyers should anticipate character and potential maintenance consistent with a home of this era, balanced by the established neighbourhood and mature lot.
