Property score
54.6
Fair
Overall 54.6 · Older than most nearby homes
1,053 sqft (top 42%) · Built in 1922 (26 yrs older than avg)
Located in a above-average income area with median household income of ~84k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 5 parks nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Below average
26 yrs older 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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54.6 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: #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
555 Matheson Avenue — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 311 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 18% | Bottom 21% | Bottom 12% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 10% | Bottom 7% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 2% | Bottom 5% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 555 Matheson Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1922, presents a straightforward opportunity in Winnipeg's Jefferson neighbourhood. With 1,053 sqft of living space, its size is fairly typical for the area. The home features a basement that has not been renovated and does not include a garage or pool.
The primary appeal lies in its accessibility. The property's assessed value is consistently well below average for its street, neighbourhood, and the wider city, indicating a lower entry point into the market. This is a home that prioritizes function and affordability over modern finishes or ample land, as the lot is also smaller than most comparables. It would suit a first-time buyer comfortable with a project, an investor looking for a rental property with a manageable overhead, or someone seeking the absolute minimum property tax burden. Its history of sales every few years suggests it often serves as a practical stepping stone in the market.
A less obvious perspective is that a home of this age and value in an established neighbourhood can represent a form of stability; it's less susceptible to the dramatic market fluctuations that affect higher-priced segments. Its simple, unrenovated state also offers a clear canvas for incremental, owner-driven improvements without the premium of already-completed upgrades.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on factors like the home's age, size, condition, and lack of major renovations compared to other properties. Its consistent ranking in the bottom percentiles confirms it is viewed as a more modest offering in the area.
2. What does "basement not renovated" imply?
It means the basement space is in a functional, likely original state. Buyers should budget for potential updates to suit their needs and anticipate that it may not have modern finishes, moisture barriers, or legal secondary suite potential without significant investment.
3. The home has sold several times recently. Is that a concern?
The sales pattern (2016, 2021, 2023) suggests it has served as a short- to medium-term holding for previous owners. This is common for affordable, entry-level properties and isn't inherently a red flag, but it underscores the importance of a thorough inspection to understand the home's condition.
4. How does the lack of a garage affect daily living?
Prospective owners will need to plan for street parking and consider the practicalities of Winnipeg winters without sheltered vehicle storage. This is a trade-off for the lower purchase price.
5. Are the sold prices shown the exact amounts?
No, the listed prices are estimated ranges from public data. The exact sale prices are available by request from the listing service to ensure accuracy for serious buyers.
