Property score
48.5
Below average
Overall 48.5 · Smaller than most nearby homes
792 sqft (bottom 25%) · Built in 1950 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~84k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 4 parks nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
2 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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48.5 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
560 Smithfield Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 318 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 41% | Bottom 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
560 Smithfield Avenue is a compact, one-storey home in Winnipeg's Jefferson neighbourhood. Built in 1950, its 792 sqft living area is modest, ranking it below the city average for size but around the average for its immediate street. The home sits on a standard 5,337 sqft lot and features a renovated basement and a detached garage. Its most recent sold price (late 2023) and its assessed value are both consistently around the $28,500 mark, positioning it as a highly affordable entry point into the market.
Section 1: Key Characteristics & Appeal
The primary appeal of this property is its straightforward affordability and functional updates. With a renovated basement, it offers flexible space beyond its main-floor square footage. The detached garage provides practical storage or workshop potential. Its lot size is typical for the area, offering adequate outdoor space without demanding extensive upkeep.
This home would suit first-time buyers, investors, or downsizers seeking a low-maintenance, cost-effective property. Its value lies not in grandeur, but in utility and financial accessibility. A less obvious perspective is its relative "newness" compared to other homes on Smithfield Avenue—built in 1950, it is actually younger than many neighbouring houses, which could suggest fewer issues associated with very early-century construction. Its consistent valuation (where assessed value closely aligns with recent sale price) indicates a stable, predictable market value with little speculative inflation.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes. At 792 sqft of living area, it is notably smaller than the Winnipeg city average. However, it is closer to the average size for homes on Smithfield Avenue itself, and the renovated basement provides additional usable space.
2. What does the "renovated basement" include?
The provided details do not specify the exact finish or features. We recommend confirming with the listing agent whether it is fully developed into living space, what amenities it includes, and if proper permits were obtained.
3. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the local market in Jefferson and on Smithfield Avenue, where home values are generally lower. The city-wide average is skewed higher by more expensive neighbourhoods. This home's assessment is typical for its immediate area.
4. Is the detached garage in good condition?
The listing does not detail the garage's state. Given the age of the property, a prospective buyer should verify its structural condition, door operation, and suitability for modern vehicles.
5. How does the lot size compare?
At 5,337 sqft, the lot is fairly standard—it's neither particularly large nor small for Winnipeg. It is very close to the average lot size on Smithfield Avenue and provides a typical urban yard space.
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