297 Regal Avenue

Glenwood, Winnipeg

Property score

65.8

Good

Overall 65.8 · Larger but older than most nearby homes

1,120 sqft (top 30%) · Built in 1917 (35 yrs older than avg)

Located in a high-income area with median household income of ~92k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 2 healthcare facilitys, 3 shops, and 1 park nearby

Living Area

Above average

10% larger than neighborhood avg.

Taon ng Paggawa

Below average

35 yrs older than neighborhood avg.

Mother tongue

English · 79%French · 8%

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

Sold Count

785

Median price

376k

$/sqft

$381/sqft

Avg build year

1952

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Property score

65.8 is composed by the two sections below.

Property Score

53.8Fair
Living Area1,120 sqft60Fair
Taon ng Paggawa191716Low
Lupa5,796 sqft74Good
Neighbourhood Sales Activity69Good

Community Score

83.8Excellent
Household Income81Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Istatistika ng benta ng komunidad

Glenwood

How to read: Share of sales in each ~$50k price band for “glenwood” (Detached na bahay (hindi 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: #46110569

Community deep dive

$92K

Median household income

$103K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

28%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)603
Labour force participation rate70%
Median age39.2
Avg household size2.3
Unemployment rate10%
Population density1402 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households28%
Couple families with children24%
Median household income (2020)$92K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority18%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 8%

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

Mga ranggo

Living Area

lampas sa average
1,120 sqft
0255075100
Same streetTop 26%Same areaTop 30%CitywideBottom 42%
Same street · Regal Avenue
#25 / 96
Top 26% · Avg 1,029 sqft
Same area · Glenwood
#518 / 1,716
Top 30% · Avg 1,015 sqft
Citywide · Winnipeg
#112,617 / 194,458
Bottom 42% · Avg 1,342 sqft

Assessed Value

karaniwan
309k
0255075100
Same streetTop 47%Same areaTop 43%CitywideBottom 32%
Same street · Regal Avenue
#45 / 96
Top 47% · Avg 334.6k
Same area · Glenwood
#735 / 1,716
Top 43% · Avg 321.2k
Citywide · Winnipeg
#132,372 / 194,458
Bottom 32% · Avg 390.1k

Taon ng Paggawa

mas mababa sa average
1917
0255075100
Same streetBottom 2%Same areaBottom 10%CitywideBottom 12%

Lupa

lampas sa average
5,796 sqft
0255075100
Same streetTop 33%Same areaTop 12%CitywideTop 37%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

297 Regal Avenue — 16 amenities found within 500 m, across 7 categories, including 5 dining (nearest 243 m), 2 healthcare (nearest 168 m), 3 shopping (nearest 149 m).

Search radius
🍽️Dining5
🏥Healthcare2
🛒Shopping3
🌳Parks1
🏦Finance1
Fuel Stations3
Worship1

Crime & Safety

Glenwood · WPS public data · 2026

Annual incidents

26

2026

vs. city avg

-12%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

62%

Kasaysayan ng Benta

Naibenta 6/2022CA$300k–350k
Presyo ng benta

Parehong kalye

Bottom 38%

Parehong lugar

Top 44%

Buong lungsod

Bottom 42%

Related homes

Mga tampok at karaniwang tanong: 297 Regal Avenue, Winnipeg

Property Overview & Key Characteristics

This one-and-a-half storey home on Regal Avenue in Winnipeg's Glenwood neighborhood presents a classic, no-frills opportunity. Built in 1917, its key appeal lies in its generous 5,796 sqft lot, which is notably above average for the Glenwood area, offering significant outdoor space and potential. The 1,120 sqft living area is efficiently sized and ranks above average for both the street and neighborhood. A recently renovated basement adds modern, functional living space. Notably, the home's assessed value is modest and in line with area averages.

Its charm is rooted in practicality and potential rather than luxury. It suits a first-time homebuyer, an investor, or a hands-on owner who values a large yard in a mature neighborhood over a new build. The appeal is for those who see the value in a character home with updated essentials (like the basement) and who are comfortable with a property whose age is reflected in its vintage, not its condition. The very modest price point for a house with this lot size is its most compelling feature, ideal for budget-conscious buyers prioritizing land over square footage.

Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, legal compliance, or moisture control are not provided. This would be a key area for inspection and inquiry with the seller.

2. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on municipal valuation for tax purposes, which heavily considers the home's age, modest size, and the specific market values in the Glenwood area. It reflects a more affordable segment of the Winnipeg market.

3. Are there any concerns with a house built in 1917?
While the renovated basement is a plus, a home of this age will likely have older major systems (plumbing, electrical, foundation). A thorough inspection is essential to understand the condition and anticipate any needed updates beyond the recent renovation.

4. What is the neighborhood like?
Located in Glenwood, the property benefits from a large lot in an established, central Winnipeg community. The ranking data shows it sits among older homes on the street, suggesting a quiet, mature streetscape.

5. There's no garage. Is there parking?
The listing specifies no garage. Potential buyers should verify if there is a dedicated driveway, a rear laneway for potential garage addition, or if parking is limited to street parking. The large lot may offer room to add parking facilities.

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