55.5
Fair
Property score
55.5
Fair
Overall 55.5
Older than most nearby homes
1,092 sqft (top 35%)
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: 5 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
6% 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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55.5 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
590 Matheson Avenue — 6 amenities found within 500 m, across 2 categories, including 5 parks (nearest 260 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: 590 Matheson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home on Matheson Avenue is a classic Winnipeg character property, built in 1922. With 1,092 sqft of living space and a renovated basement, it offers functional space on a modest 3,135 sqft lot. Its assessed value is notably accessible compared to city-wide averages, positioning it as a practical entry point into the market.
The primary appeal lies in its balance of historic charm and practicality within the established Jefferson neighbourhood. It suits first-time homebuyers or investors looking for a solid, no-frills property without a premium price tag. A thoughtful perspective is that its "around average" metrics for the immediate area suggest it’s a typical, integrated home for this specific street—offering stability without standing out, which can be an advantage for those seeking a straightforward, community-anchored purchase. The detached garage adds functional value for storage or vehicle protection. It’s a property for someone who values a renovated basement for extra living space and prefers a home that doesn’t require the extensive upkeep of a much larger lot.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to nearby homes?
At 1,092 sqft, the living area is very close to the average for both the Jefferson area and Winnipeg overall. However, the lot size is smaller than most comparable properties in the neighbourhood and city.
2. What does the assessed value indicate about this home?
The assessed value is around average for Matheson Avenue and Jefferson, but is below the city-wide average. This typically suggests a more affordable entry point compared to many parts of Winnipeg, while being priced in line with its immediate surroundings.
3. Is the age of the home (1922) a concern?
The home is older than most in the city. While this contributes to its character, it’s wise to factor in potential maintenance or updates associated with a century-old structure. The renovated basement is a positive modern update.
4. What can recent sale history on the street tell me?
Nearby homes on Matheson Avenue have sold in a similar price range in recent years. This indicates a consistent market value for the street, providing a clear benchmark for expectations.
5. Who would this property be most suitable for?
It is well-suited for first-time buyers or practical investors seeking an established neighbourhood home with core updates (like the basement) and a manageable scale. Its average metrics for the area suggest it’s a stable, typical choice rather than a standout project or premium property.
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