Property score
37.5
Below average
Overall 37.5 · Smaller and older than most nearby homes
700 sqft (bottom 13%) · Built in 1917 (31 yrs older than avg)
Located in a average-income area with median household income of ~59.2k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 1 school, 2 shops, and 5 parks nearby
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Below average
31 yrs older than neighborhood avg.
Mother tongue
English · 51%Tagalog · 20%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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37.5 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110014
$59K
Median household income
$69K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
38%
Single-person households
23%
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
221 Royal Avenue — 12 amenities found within 500 m, across 5 categories, including 3 dining (nearest 111 m), 1 education (nearest 129 m), 2 shopping (nearest 146 m).
Jefferson · WPS public data · 2026
Annual incidents
40
2026
vs. city avg
+36%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
80%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 8% | Bottom 5% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 5% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 221 Royal Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This is a compact, one-storey home built in 1917, situated on a modest lot in the Jefferson neighbourhood. Its key characteristics are defined by its position as a more affordable entry point into the market. The living space is 700 sq ft, which is notably smaller than area averages, and it features a detached garage and an unrenovated basement. The home’s assessed value of $200K is significantly below local and city-wide averages, reflecting its size, age, and condition.
The primary appeal lies in its price point and lot ownership. It represents a rare opportunity for budget-conscious buyers, such as first-time homeowners or investors, to gain a foothold in the market without a large mortgage. The very low sale prices in recent years (in the $14K-$17K range) suggest it may be suited for a cash purchase or a minimal loan, significantly lowering the barrier to entry. It would suit a hands-on buyer comfortable with a project, whether as a live-in renovation opportunity or a rental property. A less obvious perspective is its potential as a "land bank" play; while the lot is smaller than average for the area, it still holds inherent value in a city where land is appreciating, offering long-term options for redevelopment or holding.
Frequently Asked Questions
1. Why is the assessed value so much higher than the recent sold prices?
The assessed value is an estimate for taxation purposes, often based on broader market trends and formulas. The recent sold prices are likely more accurate reflections of the property's actual market value given its specific condition, size, and the potential need for significant investment.
2. What does "basement, not renovated" typically imply?
This usually indicates a foundational space that is functional but dated. Buyers should anticipate an older layout, likely with original finishes, mechanical systems (like the furnace or wiring), and possibly moisture concerns common in century-old homes. It represents both usable space and a future project.
3. Who is this type of property most suitable for?
It is best suited for a very budget-focused buyer, such as an investor looking for a rental property with low acquisition costs, or a first-time homeowner with renovation skills willing to live in and gradually improve the space. It is less suitable for those seeking move-in-ready comfort or ample room.
4. How does the small lot size impact the property?
While the land area is smaller than most in the city, it provides manageable outdoor space with lower maintenance. However, it may limit expansion possibilities or the addition of larger structures like a new garage, which is an important consideration for future plans.
5. The sold price history shows very low figures. Is this accurate?
The listed price ranges are based on available public data. Such low figures are uncommon for a standard house and strongly suggest the property is being sold in "as-is" condition, likely requiring substantial repairs or updates. Requesting the exact sold price history via the provided email service is recommended for precise financial planning.
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