635 Matheson Avenue

Jefferson, Winnipeg

60.0

Fair

Overall 60.0

Compared with neighbourhood average

1,048 sqft (top 44%)

Built in 1952 (4 yrs newer than avg)

Located in a above-average income area

with median household income of ~84k

Transit 80.0

3-min walk to transit with 3 nearby routes

Within 500m: 6 parks, and 1 place of worship nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 16%

Past 10 years Jefferson sales snapshot (~80% of all data)

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

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Property score

60.0 is composed by the two sections below.

Property Score

50.5Fair
Living Area1,048 sqft52Fair
Year Built195236Low
Lot Size5,397 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

74.3Good
Household Income78Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110029

Community deep dive

$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

Population, labour & age

Population (2021)678
Labour force participation rate69%
Median age36.4
Avg household size2.5
Unemployment rate13%
Population density3766 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households28%
Couple families with children28%
Median household income (2020)$84K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority31%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 16%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,048 sqft
0255075100
Same streetBottom 39%Same areaTop 44%CitywideBottom 33%
Same street · Matheson Avenue
#171 / 281
Bottom 39% · Avg 1,227 sqft
Same area · Jefferson
#1,215 / 2,763
Top 44% · Avg 1,029 sqft
Citywide · Winnipeg
#130,286 / 194,458
Bottom 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
346k
0255075100
Same streetTop 15%Same areaTop 8%CitywideBottom 45%
Same street · Matheson Avenue
#42 / 281
Top 15% · Avg 289.7k
Same area · Jefferson
#233 / 2,763
Top 8% · Avg 282.9k
Citywide · Winnipeg
#107,313 / 194,458
Bottom 45% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 18%Same areaTop 35%CitywideBottom 30%

Lot Size

above average
5,397 sqft
0255075100
Same streetTop 43%Same areaTop 25%CitywideTop 46%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

635 Matheson Avenue — 7 amenities found within 500 m, across 2 categories, including 6 parks (nearest 268 m).

Search radius
🌳Parks6
Worship1

Crime & Safety

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%

Sales History

Sold 8/2019CA$300k–350k
Sold price

Same street

Top 33%

Same area

Top 23%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 635 Matheson Avenue, Winnipeg

Property Overview: 635 Matheson Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on Matheson Avenue in the Jefferson area presents a practical and value-oriented opportunity. Its key characteristics include 1,048 sqft of living space, a renovated basement, a detached garage, and a 5,397 sqft lot, built in 1952. The appeal lies in its strong positional value within its immediate area. While the living space is modest compared to some neighbors, the property's assessed value ranks in the top 15% on its street and top 8% in Jefferson, suggesting it is viewed favorably relative to nearby homes. This points to a well-maintained home or desirable lot in its local context. The renovated basement adds functional living space.

It would suit first-time buyers seeking an entry point into a stable neighborhood, or practical-minded investors looking for a solid, no-fuss rental property. A less obvious perspective is that it may appeal to those who prioritize lot size and location over a large interior footprint, offering room for future expansion or outdoor enjoyment. The data indicates you're buying a home that stands above average for its specific area, which can be a smarter strategy than buying the biggest home in a less desirable location.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to the last known sale price?
The home sold in August 2019 for an estimated $29.5K-$32.5K. Its current assessed value is $34.60K. This increase suggests municipal assessment has recognized added value, possibly from the basement renovation or market trends in Jefferson.

2. Is the living area sufficient for a family?
At 1,048 sqft, it is compact. The renovated basement effectively doubles the usable space, making it more viable for a small family. Buyers should consider if the single-storey main floor layout meets their needs.

3. What does the "above average" assessed value ranking mean for taxes?
A high ranking within the neighborhood (Top 8% in Jefferson) typically means a higher property tax bill relative to other homes on the street. However, it also strongly indicates the municipality views this as one of the better-maintained or more desirable properties in the area.

4. How does the lot size compare?
The lot is a generous 5,397 sqft, ranking above average for the Jefferson area. This is a significant asset, offering more outdoor space than many nearby properties and potential for additions, gardening, or parking.

5. What is the typical home like in this immediate area?
Based on the data, comparable homes on Matheson Avenue are slightly larger (avg. 1,227 sqft) but are often much older (avg. year built 1939). This home, built in 1952, is actually newer than many on its street, which may mean fewer issues with very aged infrastructure.

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