60.0
Fair
Property score
60.0
Fair
Overall 60.0
Newer than most nearby homes
1,032 sqft (top 47%)
Built in 1953 (5 yrs newer than avg)
Located in a above-average income area
with median household income of ~84k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 1 school, 5 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
0% 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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60.0 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
658 Mcadam Avenue — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 490 m), 5 parks (nearest 208 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 42% | Top 32% | Bottom 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 658 Mcadam Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a standard-sized lot in the Jefferson area presents a practical and value-oriented opportunity. Its key characteristic is a recently renovated basement, adding modern, functional space to the 1,032 sqft footprint. The detached garage offers flexible storage or workshop potential.
The appeal lies in its strong relative value within its immediate context. While the living area is modest compared to the city average, the property's assessed value ranks notably above average for both its street and the broader Jefferson area. This suggests it may be perceived as a well-maintained or improved home in its locality. The 1953 build date is also newer than many neighbouring houses, potentially indicating fewer concerns associated with very old construction.
This home would suit first-time buyers or downsizers looking for a manageable, single-level layout with updated essentials. It’s also a sensible fit for value-focused investors or homeowners who prioritize the specific neighbourhood and the potential of a move-in-ready basement over sheer square footage. The property offers a grounded entry point into the market without the premium of a larger or newer city-wide build.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The assessed value ($34.10k) is a municipal figure for tax purposes and is typically far below market value. Recent sold price ranges for this home (e.g., $26.5k-$29.5k in 2016) are also historical and not reflective of current market conditions. A professional appraisal or comparative market analysis is needed to determine today's selling price.
2. Is the living space sufficient for a growing family?
At 1,032 sqft, the living area is below the average for both Jefferson and Winnipeg overall. The renovated basement provides crucial additional space, but the main-floor square footage is compact. It may be best suited for small families, or those comfortable utilizing the basement as primary living space.
3. What does the "above average" ranking for assessed value actually mean?
It means that, compared to similar properties on its street and in the Jefferson area, this home has a higher municipal assessment. This often reflects updates, condition, or desirable lot features. However, it can also lead to proportionally higher property taxes than neighbouring, less-improved homes.
4. Are there any concerns with a house built in 1953?
While newer than many area homes, a 73-year-old house will still require diligent inspection. Key focuses should be the foundation, original plumbing and electrical systems, and the quality/permits of the basement renovation. The roof and windows are also likely nearing or past a typical lifespan.
5. How does the lot size compare and what are the implications?
At 5,399 sqft, the lot is above average for Jefferson, providing good outdoor space. However, it's below the city-wide average. This offers a nice private yard for the area but may not allow for major future expansions like a large addition, depending on zoning bylaws.
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