Property score
39.9
Below average
Overall 39.9 · Smaller and older than most nearby homes
494 sqft (bottom 1%) · Built in 1924 (24 yrs older than avg)
Located in a above-average income area with median household income of ~84k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 5 parks nearby
Living Area
Below average
52% smaller than neighborhood avg.
Year Built
Below average
24 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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39.9 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
607 Mcadam Avenue — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 379 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 2% | Bottom 2% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 607 Mcadam Avenue
Key Characteristics & Appeal
This is a compact, one-storey home built in 1924, presenting a straightforward opportunity in Winnipeg's Jefferson neighbourhood. Its key characteristic is its modest scale, with a living area of 494 sqft that places it among the smallest homes in its immediate area, the neighbourhood, and city-wide. The home features a detached garage and a full, unrenovated basement. The assessed value is notably low, reflecting its size and condition.
The primary appeal lies in its affordability and the potential of its lot. With a land area of nearly 4,500 sqft—which is around average for the area—the property offers significant outdoor space relative to the home's footprint. This combination suits specific buyers: first-time purchasers or investors seeking an entry point into the market with minimal upfront cost, or a buyer with a long-term vision to either substantially renovate the existing structure or redevelop the lot. It is not a move-in-ready home but a foundational asset, where value is derived more from the land and location than the current dwelling.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based primarily on the property's current state—its very small living area, age, and unrenovated condition. It reflects the value of the land with the existing structure, not a potential future value after improvements.
2. What does "below average — Top 99%" mean for the living area?
This statistical ranking indicates that this home's living area is smaller than approximately 99% of comparable properties in its grouping. Essentially, it is one of the smallest homes available by this metric.
3. Is the unrenovated basement finished?
The listing specifies the basement is "not renovated," which typically means it is unfinished (likely concrete floors and walls, with exposed utilities), presenting both a blank canvas and a future project for potential moisture-proofing, insulation, and development.
4. How recent is the sold price history, and why is it a range?
The last recorded sale was in July 2016. The price is shown as a range (e.g., $12.5k - $15.5k) based on public data. For the exact sale price, you must request it directly from the site, as they manually verify and provide the precise figure.
5. Who might the nearby "similar assessed value" properties be for?
The listed properties with similar assessed values (like $16.70k) are likely condominium units or small investment properties. This highlights that 607 Mcadam Avenue offers a detached house and land at an assessment value comparable to a condo unit, underscoring its unique position as a land-play opportunity.
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