490 Jubilee Avenue

Lord Roberts, Winnipeg

75.8

Good

Overall 75.8

Larger than most nearby homes

1,600 sqft (top 6%)

Built in 1912 (21 yrs older than avg)

Located in a high-income area

with median household income of ~109k

Transit 70.0

6-min walk to transit with 3 nearby routes

Within 500m: 10 dining spots, 3 healthcare facilitys, 1 shop, and 3 parks nearby

Living Area

Above average

49% larger than neighborhood avg.

Year Built

Near average

21 yrs older than neighborhood avg.

Mother tongue

English · 86%Chinese · 2%

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

Sold Count

770

Median price

290k

$/sqft

$288/sqft

Avg build year

1933

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Property score

75.8 is composed by the two sections below.

Property Score

66.0Good
Living Area1,600 sqft83Excellent
Year Built191216Low
Lot Size4,528 sqft60Fair
Neighbourhood Sales Activity80Good

Community Score

90.5Excellent
Household Income88Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health90Excellent

Neighbourhood Sales

Lord Roberts

How to read: Share of sales in each ~$50k price band for “lord roberts” (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: #46110463

Community deep dive

$109K

Median household income

$117K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

23%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)436
Labour force participation rate76%
Median age42.4
Avg household size2.3
Unemployment rate5%
Population density1744 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households23%
Couple families with children26%
Median household income (2020)$109K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)5%
Visible minority5%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 86%
Mother tongue (2nd)Chinese · 2%

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

Rankings

Living Area

above average
1,600 sqft
0255075100
Same streetTop 18%Same areaTop 6%CitywideTop 25%
Same street · Jubilee Avenue
#43 / 239
Top 18% · Avg 1,239 sqft
Same area · Lord Roberts
#118 / 1,828
Top 6% · Avg 1,071 sqft
Citywide · Winnipeg
#49,351 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
405k
0255075100
Same streetTop 18%Same areaTop 10%CitywideTop 37%
Same street · Jubilee Avenue
#43 / 239
Top 18% · Avg 327.9k
Same area · Lord Roberts
#174 / 1,828
Top 10% · Avg 286.7k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetBottom 24%Same areaBottom 42%CitywideBottom 8%

Lot Size

above average
4,528 sqft
0255075100
Same streetBottom 30%Same areaTop 20%CitywideBottom 35%

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

490 Jubilee Avenue — 21 amenities found within 500 m, across 6 categories, including 10 dining (nearest 291 m), 3 healthcare (nearest 351 m), 1 shopping (nearest 461 m).

Search radius
🍽️Dining10
🏥Healthcare3
🛒Shopping1
🌳Parks3
Fuel Stations1
Worship3

Crime & Safety

Lord Roberts · WPS public data · 2026

Annual incidents

42

2026

vs. city avg

+42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

74%

Sales History

Sold 8/2024CA$450k–500k
Sold price

Same street

Top 6%

Same area

Top 3%

City-wide

Top 19%
Sold 11/2017CA$350k–400k
Sold price

Same street

Top 22%

Same area

Top 14%

City-wide

Top 45%

Related homes

Highlights & common questions: 490 Jubilee Avenue, Winnipeg

Property Overview: 490 Jubilee Avenue, Lord Roberts, Winnipeg

Key Characteristics & Appeal

This home at 490 Jubilee Avenue is a character property with strong, above-average fundamentals for its sought-after Lord Roberts neighbourhood. Built in 1912, it offers a generous 1,600 sqft of living space, which ranks within the top 18% of homes on its street and the top 6% within Lord Roberts itself. The lot size of 4,528 sqft is also notably above average for the area. Recent sale data indicates strong value appreciation, with a 2024 sale in the $450k-$500k range, significantly above its 2017 sale price and its current assessed value.

The appeal lies in securing a well-sized, classic home on a good lot in a prime central neighbourhood. It suits buyers looking for character and space over new construction, who are comfortable with a home of this vintage and may see potential in its established footprint and lot. A thoughtful perspective is that while the home is older than most in the city, its above-average size and location have consistently supported its market value, positioning it as a solid, equity-building asset in a mature neighbourhood.

Frequently Asked Questions

1. Why is there such a difference between the assessed value and the recent sold price?
Assessed values in Manitoba are primarily for municipal tax purposes and often lag behind current market values, especially in desirable neighbourhoods where demand pushes sale prices above the assessed figure.

2. What should I consider about a home built in 1912?
While offering charm and solid construction, a home of this age will likely require careful attention to updates in systems like wiring, plumbing, and insulation. A thorough inspection is essential to understand the condition and any needed investments.

3. How does the lot size compare?
At 4,528 sqft, the lot is above average for the Lord Roberts neighbourhood, which is a significant advantage. It offers more outdoor space and potential than many nearby properties.

4. The data shows it's "below average" for year built. Is that a concern?
This simply means most homes in the wider city are newer. In the context of established, central neighbourhoods like Lord Roberts, an older home is common. The key is how this specific property's size, location, and condition compare within its more relevant local market.

5. Where can I see more context about this specific area?
You can open the neighbourhood map analysis to see this property in direct visual comparison to nearby homes, evaluating lot size, year built, and value on a street-by-street basis.

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