Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Jefferson Avenue): Above Average. Ranked #1 out of 210 (Top 0%). The street average for comparable homes is 908 sqft.
Neighborhood Level (Leila-Mcphillips Triangle): Above Average. Ranked #76 out of 459 (Top 17%). The neighborhood average for comparable homes is 937 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #11,785 out of 26,841 (Top 44%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Jefferson Avenue): Above Average. Ranked #19 out of 210 (Top 9%). The street average for comparable homes is 165.5k.
Neighborhood Level (Leila-Mcphillips Triangle): Around Average. Ranked #113 out of 459 (Top 25%). The neighborhood average for comparable homes is 176.3k.
Citywide Level (Winnipeg): Below Average. Ranked #19,711 out of 26,841 (Bottom 27%). The citywide average for comparable homes is 276.9k.
Street Level (Jefferson Avenue): Above Average. Ranked #25 out of 210 (Top 12%). The street average for comparable homes is 1974.
Neighborhood Level (Leila-Mcphillips Triangle): Below Average. Ranked #316 out of 459 (Bottom 31%). The neighborhood average for comparable homes is 1985.
Citywide Level (Winnipeg): Below Average. Ranked #18,777 out of 26,841 (Bottom 30%). The citywide average for comparable homes is 1990.
Leila-Mcphillips Triangle market pulse
How to read: Share of sales in each ~$50k price band for “leila-mcphillips triangle” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
405-917 Jefferson Avenue — 14 amenities found within 500 m, across 6 categories, including 6 dining (nearest 164 m), 3 shopping (nearest 186 m), 2 parks (nearest 351 m).
Crime & safety
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview & Appeal
This 1,044 sqft property at 405-917 Jefferson Avenue, built in 1977, is positioned as a highly accessible entry point into Winnipeg’s Leila-McPhillips Triangle neighbourhood. Its primary appeal lies in its low financial barrier to entry, underscored by a notably low assessed value. The home ranks in the top tier for size within its immediate area, offering more interior space than many nearby properties. This combination suggests a practical opportunity for buyers prioritizing square footage and minimal property tax burden over turn-key condition or modern finishes. It would suit a first-time buyer comfortable with a project, an investor looking for a straightforward rental asset, or someone seeking a modest, no-frills home base in a established neighbourhood. A less obvious perspective is that a home with such a low assessment in an otherwise typical area often indicates it is due for significant updates or repairs, framing it as a value-play for those with renovation skills or capital.
Frequently Asked Questions
1. Why is the assessed value so much lower than similar-sized homes?
Assessed value is primarily for municipal tax purposes and is influenced by recent sales, property condition, and specific features. A value this low typically reflects the home’s age and likely need for modernization compared to updated homes in the broader area.
2. What does "No Basement" mean for this property?
The home is built on a slab foundation, meaning there is no underground basement level for storage or utilities. This is a fixed design element to consider for storage needs and the placement of mechanical systems like the furnace and water heater.
3. The ranking shows it's top 0% for area on its street. What does that mean?
This statistical ranking indicates that, based on living area, this specific unit is larger than 100% of other properties on its street. In practical terms, it offers above-average interior space for its immediate location.
4. What are the implications of the "Top 92%" ranking for assessed value in Winnipeg?
This means the property’s assessed value is higher than only 8% of all homes in Winnipeg, placing it in the lowest tier city-wide. The direct implication is a relatively low annual property tax bill, but it also strongly suggests the home is unrenovated.
5. The listed "related homes" have much higher values. Are they true comparables?
They are likely suggested based on general location or viewer interest, not direct comparables. Their higher assessed values usually indicate they are in different neighbourhoods, are newer, have been renovated, or include additional features like a basement or garage, highlighting the trade-off with this property’s price point.