60.7
Fair
Property score
60.7
Fair
Overall 60.7
Newer than most nearby homes
1,086 sqft (top 36%)
Built in 1953 (5 yrs newer than avg)
Located in a above-average income area
with median household income of ~84k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 6 parks, and 2 place of worships 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
Above average
5 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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60.7 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
646 Matheson Avenue — 8 amenities found within 500 m, across 2 categories, including 6 parks (nearest 230 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 11% | Top 8% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 646 Matheson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a standard-sized lot in Jefferson presents a practical and value-oriented opportunity. Its key characteristic is a renovated basement, adding functional living space to the 1,086 sqft footprint. The home was built in 1953, making it newer than many in its immediate area and neighborhood, which often suggests updated infrastructure or less immediate need for major system overhauls compared to older peers.
The appeal lies in its strong value positioning within its local context. The assessed value ranks well above average for both Matheson Avenue and the wider Jefferson area, indicating that official valuations recognize it as a higher-quality asset within its peer group. This, combined with the renovated basement, points to a property that has been maintained or improved. It would suit first-time buyers or practical downsizers looking for a move-in-ready home with extra below-ground space in a established neighborhood, without paying a premium for above-average square footage. A less obvious perspective is that its "above average" assessment in a more affordable area could represent a stable investment with less volatility, appealing to those cautious about market fluctuations.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,086 sqft, the living area is close to the city-wide average but is slightly smaller than the average home on Matheson Avenue itself. The renovated basement effectively expands the usable space.
2. What does the "above average" assessed value ranking mean?
The home's assessed value ranks in the top 18% on its street and top 12% in the Jefferson area. This means officials have valued it higher than most comparable properties nearby, often reflecting factors like condition, improvements, or lot desirability.
3. When was it last sold and for how much?
Public records indicate a sale between September 2023, with a price range reported between $345,000 and $375,000. The exact sale price can be provided upon request.
4. Is the garage included?
Yes, the property includes a detached garage.
5. How does the lot size compare?
The lot is 5,634 sqft, which is larger than average for both the Jefferson area and the city overall, offering good outdoor space for its setting.
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