Property score
44.7
Below average
Overall 44.7 · Smaller than most nearby homes
640 sqft (bottom 5%) · Built in 1949 (1 yr newer than avg)
Located in a above-average income area with median household income of ~84k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Near average
1 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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44.7 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
577 Matheson Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 327 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 33% | Bottom 35% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 577 Matheson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1949, situated on a standard city lot in the Jefferson neighbourhood. Its key characteristic is its modest scale, with a living area of 640 sqft that places it well below the average size for comparable homes in the area, street, and city. The basement exists but is noted as not renovated, and the property has no garage or pool.
The primary appeal lies in its position as an accessible entry point into the market. With an assessed value of $250,000, it sits below the average for its immediate surroundings, suggesting a potentially lower price barrier. This isn't a move-in-ready showcase home; its appeal is for the practical buyer who sees potential in a straightforward layout or values a lower-maintenance footprint. It would suit first-time buyers, downsizers looking to simplify, or investors seeking a rental property with a manageable scope. A thoughtful perspective is that a smaller, efficiently designed home can offer significant savings on utilities and upkeep, turning its compact size from a drawback into a feature of economical living.
Section 2: Frequently Asked Questions
1. Is the price reflective of the home's condition?
Given the below-average living area and the note that the basement is not renovated, the price likely accounts for these factors. It positions the property as a value-oriented project or a functional, no-frills home.
2. How does the assessed value relate to the likely selling price?
The assessed value for taxation ($250k) is a starting point. The last recorded sale in late 2021 was in the $21.5k-$24.5k range, but market conditions and property specifics have changed since. A current market evaluation is essential.
3. What are the implications of the smaller living space?
The 640 sqft layout requires efficient use of space. It may be ideal for 1-2 people. Buyers should consider if the floorplan meets their needs or if a thoughtful renovation (like opening up rooms) is a future possibility.
4. What does "basement, not renovated" typically mean?
This usually indicates a foundational, utilitarian space. It likely has basic finishes and serves as a laundry and storage area. It presents future potential but would require investment to become finished living space.
5. How does this property compare to others on the same street?
Data shows nearby homes vary in size and value. For example, a reference listing at 575 Matheson is larger (810 sqft) and has a higher assessed value. This highlights that 577 Matheson is among the more modest offerings on the block, which can be an advantage for budget-conscious buyers.
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