From Data to Your Dream Home
Winnipeg Real Estate – Home Prices, Sales History & Market Trends
Redder color means more recent sale.
If the color is red, the property has sold before; the redder the color, the more recent the sale.
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.
Data summary (Winnipeg / jefferson / Detached houses (non-condo) / 2024): ~$50k bands. The largest share is $250K–$300K (about 24.3%). Second-largest band: $300K–$350K (about 23.4%); top two together about 47.7%. About 107 sales in this view (sample size check).
All figures above are based on real sold transaction data analysis; for source details, see
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.
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 30% | Top 31% | Bottom 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 43% | Bottom 22% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 25% | Bottom 14% |
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| Address | Year Built | Living Area | Assessed Value | |
|---|---|---|---|---|
| 501 Smithfield Avenue | 1950 | 792 sqft | 309k | For reference |
| 563 Mcadam Avenue | 1947 | 654 sqft | 268k | Trending |
| 560 Rupertsland Avenue | 1951 | 875 sqft | 271k | For reference |
| 551 Mcadam Avenue | 1984 | 807 sqft | 312k | For reference |
| 613 Mcadam Avenue | 1964 | 1,056 sqft | 306k | For reference |
Property Overview: 521 Smithfield Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a standard-sized lot in Jefferson presents a straightforward, no-frills opportunity. Its key characteristics are its modest 792 sqft living area, an unrenovated basement, a detached garage, and a 1950 build date. The appeal lies in its simplicity and position as a manageable, lower-cost entry point into the Winnipeg market. The home consistently ranks as "around average" for its assessed value within its immediate street and neighborhood, suggesting it's priced in line with local norms rather than standing out as exceptionally high or low.
This property would suit a pragmatic first-time buyer, an investor looking for a rental property with minimal upfront complexity, or someone seeking a modest home with lower property taxes due to its below-city-average assessed value. A less obvious perspective is that its older build date (1950) is actually an advantage on its street, ranking in the top 15% locally, which may hint at a slightly more established character compared to immediate neighbors. The decent lot size also offers potential for outdoor space or future expansion, subject to local regulations.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished and presents a blank canvas for future development.
2. How does this home's value compare to others?
Based on assessed value, it is very typical for Smithfield Avenue and the Jefferson area, ranking near the middle. However, its assessed value is below the Winnipeg city-wide average.
3. What is the recent sales history?
The home sold most recently in March 2025, and prior to that in March 2021 and September 2016. The exact sale prices are not publicly listed but can be requested from the listing source.
4. Is the living space smaller than average?
Yes. At 792 sqft, the living area is below the average for both the Jefferson neighborhood and the city of Winnipeg as a whole.
5. What is the potential here for a buyer?
The potential is for a cost-effective, functional home. The unrenovated basement and the solid lot size offer clear avenues for adding value and space over time, making it a project-friendly property rather than a turn-key one.
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Address · Assessed Value