53.8
Fair
Property score
53.8
Fair
Overall 53.8
Smaller than most nearby homes
792 sqft (bottom 30%)
Built in 1950 (2 yrs older than avg)
Located in a high-income area
with median household income of ~92k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 5 dining spots, 1 healthcare facility, 3 shops, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 79%French · 8%
Past 10 years Glenwood sales snapshot (~80% of all data)
785
376k
$381/sqft
1952
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53.8 is composed by the two sections below.
Property Score
Community Score
Glenwood
How to read: Share of sales in each ~$50k price band for “glenwood” (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: #46110569
$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
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
307 Regal Avenue — 14 amenities found within 500 m, across 7 categories, including 5 dining (nearest 310 m), 1 healthcare (nearest 242 m), 3 shopping (nearest 171 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 32% | Top 32% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 307 Regal Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Glenwood neighborhood, built in 1950. Its key characteristic is balance: it presents a manageable, renovated living space on a notably generous lot for the area. The 792 sqft living area is modest, ranking below the city average, but it is paired with a renovated basement and a detached garage. The true standout is the 5,796 sqft lot, which is significantly larger than most in Glenwood, offering ample outdoor space and potential.
The appeal lies in its efficiency and opportunity. It suits first-time buyers or downsizers looking for a lower-maintenance home without sacrificing yard space. The renovated basement adds functional living area, making the home feel larger than the main floor square footage suggests. It’s a property for a practical buyer who values a larger, private outdoor area over a sprawling interior, and who sees the value in a home that is financially manageable in both its assessed value and its scale.
Section 2: Frequently Asked Questions
1. Is the home truly "below average" in size?
While the living area is below the city-wide average, it's more in line with the scale of older homes in Glenwood. The renovated basement effectively adds usable space, making the total functional area more competitive for the neighborhood.
2. What does the large lot size mean for me?
The lot is a premium feature for Glenwood. It provides exceptional space for gardening, recreation, or future additions like a shed or deck. It also offers a greater sense of privacy and potential for landscaping that smaller lots in the area cannot.
3. Who would this property not suit?
It may not be ideal for a large or growing family that requires multiple bedrooms or more expansive single-floor living. Those prioritizing a modern, open-concept layout or a home requiring no immediate updates might also find it less fitting.
4. How does the assessed value compare to recent sale prices?
The assessed value is around $29.80k. The most recent recorded sale in early 2024 was in the range of $32.50k to $35.50k, suggesting the market price may trend above the assessment, a point for buyers to consider in their offer strategy.
5. What is the typical buyer for this street and area?
Regal Avenue and Glenwood attract a mix of long-term residents, first-time homeowners, and investors. The area offers stability, and this particular home, with its balance of a renovated interior and large lot, is likely to attract owner-occupants seeking value and space.
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