Property score
43.4
Below average
Overall 43.4 · Older than most nearby homes
870 sqft (bottom 32%) · Built in 1923 (25 yrs older than avg)
Located in a average-income area with median household income of ~59.2k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 1 school, 3 shops, and 5 parks nearby
Living Area
Below average
15% smaller than neighborhood avg.
Taon ng Paggawa
Below average
25 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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43.4 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 na bahay (hindi 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.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
243 Royal Avenue — 13 amenities found within 500 m, across 5 categories, including 3 dining (nearest 238 m), 1 education (nearest 66 m), 3 shopping (nearest 259 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 19% | Bottom 12% | Bottom 8% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 243 Royal Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, century-old one-and-a-half storey home in Winnipeg's Jefferson neighbourhood, presenting a clear value-oriented opportunity. Its key characteristic is its notably low assessed value, which ranks in the bottom 5-6% compared to similar homes on its street, in the area, and citywide. With 870 sqft of living space, it is smaller than most comparable properties. The home sits on a modest, sub-4,000 sqft lot and features a detached garage and an unrenovated basement.
The primary appeal lies in its position as an entry-point property. It suits a specific type of buyer: those seeking absolute minimum upfront property tax liability, investors or renovators looking for a low-cost basis in a mature neighbourhood, or first-time buyers prioritizing homeownership itself over size or condition. A less obvious perspective is that its consistently low rankings across all metrics (size, value, land, and age) indicate it is a true outlier, which can represent either a diamond in the rough for a hands-on buyer or a project requiring significant attention. It is not suited for buyers seeking move-in readiness, modern finishes, or ample space.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than other homes?
The assessed value is based on the property's current state, size, and market factors. Given its smaller size, unrenovated condition (including the basement), and age, the municipal assessment reflects its standing as a lower-valued home in the area.
2. What does "Top 97%" mean for the assessed value?
This statistic means the property's assessed value is higher than only 3% of comparable homes on its street, placing it in the bottom tier. In simpler terms, 97% of similar homes on Royal Avenue have a higher assessed value.
3. Is the sold price history accurate?
The displayed sold price ranges are estimates based on public data. For precise historical sale figures, you must request the exact data via email from the listing source, as this information is verified and provided manually.
4. What are the implications of an "unrenovated basement"?
This typically indicates the basement space is in original or utilitarian condition, lacking modern finishes. It may be suited for storage or mechanical systems but would require investment to become a finished living space. Buyers should budget for potential updates and consider moisture prevention.
5. Who would this property be a good fit for?
It is best suited for value-focused buyers, such as investors, contractors, or first-time owners comfortable with a project. Its low ongoing tax cost is a key advantage. It is less ideal for families needing more space or those unwilling to undertake potential renovations.
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