55.1
Fair
Property score
55.1
Fair
Overall 55.1
Smaller but newer than most nearby homes
802 sqft (bottom 26%)
Built in 1997 (49 yrs 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: 6 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Above average
49 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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55.1 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
622 Mcadam Avenue — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 349 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 | Top 27% | Top 19% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This one-storey home at 622 Mcadam Avenue presents a practical and affordable entry point into Winnipeg's Jefferson neighbourhood. Its key characteristic is its modern age relative to the area, having been built in 1997, which places it among the newest homes on its street and in the wider community. This suggests potentially fewer major maintenance concerns compared to much older stock. The home is compact at 802 sq ft, with a recently renovated basement and a detached garage, offering functional living space without excess.
Its primary appeal lies in its value proposition and move-in readiness. With an assessed value that is above average for Jefferson, it represents a stable investment in the area. The renovated basement adds flexible living space, making the smaller main floor footprint more versatile. This property would suit first-time buyers seeking a low-maintenance starter home, practical downsizers looking for a manageable single-level layout, or investors interested in a relatively modern rental property with solid fundamentals.
A thoughtful perspective is that while the lot size is smaller than average, this translates to less yard upkeep—a bonus for those seeking a simplified lifestyle. Additionally, its "newer" status in a neighbourhood of older homes could mean more predictable systems and efficiency, though it may have less architectural character than its historic counterparts.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 802 sq ft of living area, this home is notably more compact than most comparable properties on its street, in Jefferson, and across Winnipeg. This contributes to its affordability and manageable upkeep.
2. What does the "Elite" ranking for Year Built mean?
Built in 1997, this home is in the top 4% of homes on Mcadam Avenue and in the Jefferson area for its recent construction date. Essentially, it's one of the newest houses in a neighbourhood with many older homes.
3. Is the assessed value high for the home's size?
Yes. Despite its smaller square footage, its assessed value is above average for the Jefferson neighbourhood. This can indicate factors like its modern build, renovations, and overall condition are positively influencing its valuation.
4. What is included in the "renovated basement"?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent to understand the quality and use of this additional space.
5. Can I get the exact historical sold price?
The provided sold price history is an estimated range. The listing service states they can provide the exact sold price upon request via email, which they handle manually without using the contact for unsolicited marketing.
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