43.8
Below average
Property score
43.8
Below average
Overall 43.8
Smaller and older than most nearby homes
780 sqft (bottom 22%)
Built in 1922 (26 yrs older 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: 6 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
24% smaller 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
43.8 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
588 Mcadam Avenue — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 359 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 20% | Bottom 27% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 588 Mcadam Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1922, presents a straightforward, no-frills opportunity in Winnipeg's Jefferson neighbourhood. Its primary appeal lies in its position as an accessible entry point into the housing market. With a living area of 780 sqft and an unrenovated basement, it is a compact property that prioritizes function over luxury. There is no garage or pool.
The data reveals a clear profile: this is a home with below-average metrics for size, assessed value, and land area (2,997 sqft) compared to most peers on its street, in Jefferson, and citywide. This isn't a drawback but rather defines its niche. Its assessed value is notably low, which can translate to correspondingly lower property taxes—a significant, often overlooked, ongoing cost savings for an owner.
This property would best suit a pragmatic first-time buyer, an investor looking for a rental property with fundamentals, or someone seeking a minimalist footprint. Its value proposition is grounded in affordability and simplicity, offering a chance to build equity without the premium for extra space or modern finishes. It’s a canvas for a buyer comfortable with a property that may require updates over time.
Section 2: Frequently Asked Questions
1. What does "below average" in the rankings actually mean for a buyer?
It means this property is priced and sized below the typical home in its comparison groups. This generally indicates a more affordable purchase price and lower taxes, but often entails less space and older features that may need attention.
2. Is the unrenovated basement a major concern?
It depends on your plans and budget. It offers potential for future living space or storage, but any significant finishing will be an additional project and cost. It’s advisable to have it inspected for moisture and structural integrity.
3. How reliable are the sold price ranges shown?
The ranges are based on public data. For precise historical sale prices to inform your offer, you must request the exact figures via the provided email service, as these are not publicly listed in detail.
4. The home is over 100 years old. What should I prioritize in an inspection?
Beyond standard checks, focus on the foundation, roof, electrical wiring, and plumbing. These core systems in a century home can be sources of significant expense if they haven't been updated.
5. With no garage and a smaller lot, what are the practical implications?
You’ll need to plan for street parking and have limited private outdoor space. For some, this is a worthwhile trade-off for lower maintenance. It also means less potential for expansive additions compared to properties on larger lots.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
