Property score
40.8
Below average
Overall 40.8 · Smaller and older than most nearby homes
609 sqft (bottom 2%) · Built in 1912 (36 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 nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Below average
36 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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40.8 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
615 Mcadam Avenue — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 357 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 3% | Bottom 2% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
615 Mcadam Avenue is a compact, one-storey home built in 1912, situated on a standard city lot in Winnipeg's Jefferson neighbourhood. Its primary appeal lies in its position as one of the most accessible entry points into home ownership in the city. With a living area of 609 sqft, an unrenovated basement, and no garage, it is a straightforward property that prioritizes function and affordability over modern amenities or size.
This home would suit a specific type of buyer: a first-time purchaser or an investor seeking a low-cost asset with minimal financial barrier to entry. It's for someone comfortable with a project, whether that's living modestly while building equity or managing a basic rental. The extremely low assessed value and recent sold price indicate very low property taxes, which is a significant, often overlooked advantage for budget-conscious owners. A less obvious perspective is that a home of this vintage and scale offers a manageable footprint for someone looking to minimize their living space and environmental impact, or for an investor focusing on cash flow over property appreciation.
Frequently Asked Questions
1. What does the "Top 98-99%" ranking mean for living area and value?
This means the home is smaller and has a lower assessed value than the vast majority of comparable properties in its area and city-wide. It confirms this is a notably compact and affordable property.
2. Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate an unfinished space that may require work to be fully functional.
3. What are the typical property taxes for a home with this assessed value?
With an assessed value of $17,200, the annual property taxes would be exceptionally low, often a key financial benefit for such an affordable home.
4. How does the lack of a garage affect parking?
The property has no garage. Parking would be limited to on-street, which is common for homes of this era in Winnipeg neighbourhoods. Prospective buyers should verify local parking regulations.
5. The home sold recently in early 2025. What might that indicate?
The recent sale suggests a potentially quick turnaround, which is common with priced-to-sell, entry-level properties. It could indicate an investor purchase or a first-time buyer situation. For the exact sold price, you can request the information via email from the listing source.
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