245 Royal Avenue

Jefferson, Winnipeg

Property score

35.4

Below average

Overall 35.4 · Smaller and older than most nearby homes

680 sqft (bottom 11%) · Built in 1925 (23 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

34% smaller than neighborhood avg.

Year Built

Below average

23 yrs older than neighborhood avg.

Mother tongue

English · 51%Tagalog · 20%

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

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

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Property score

35.4 is composed by the two sections below.

Property Score

17.8Low
Living Area680 sqft15Low
Year Built192520Low
Lot Size2,399 sqft18Low
Neighbourhood Sales Activity42Low

Community Score

61.9Fair
Household Income62Fair
Education Level63Fair
Housing Stress52Fair
Core Housing Need63Fair
Employment Health68Good

Neighbourhood Sales

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.

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: #46110014

Community deep dive

$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

Population, labour & age

Population (2021)704
Labour force participation rate67%
Median age38.0
Avg household size2.2
Unemployment rate7%
Population density6400 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households38%
Couple families with children23%
Median household income (2020)$59K

Housing

Renter households73%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority48%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 50%
Mother tongue (2nd)Tagalog · 20%

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

Rankings

Living Area

below average
680 sqft
0255075100
Same streetBottom 12%Same areaBottom 11%CitywideBottom 3%
Same street · Royal Avenue
#172 / 195
Bottom 12% · Avg 1,049 sqft
Same area · Jefferson
#2,451 / 2,763
Bottom 11% · Avg 1,029 sqft
Citywide · Winnipeg
#188,697 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

below average
184k
0255075100
Same streetBottom 2%Same areaBottom 4%CitywideBottom 6%
Same street · Royal Avenue
#191 / 195
Bottom 2% · Avg 290.1k
Same area · Jefferson
#2,643 / 2,763
Bottom 4% · Avg 282.9k
Citywide · Winnipeg
#182,310 / 194,458
Bottom 6% · Avg 390.1k

Year Built

below average
1925
0255075100
Same streetBottom 15%Same areaBottom 17%CitywideBottom 15%

Lot Size

below average
2,399 sqft
0255075100
Same streetBottom 3%Same areaBottom 1%CitywideBottom 3%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

245 Royal Avenue — 13 amenities found within 500 m, across 5 categories, including 3 dining (nearest 247 m), 1 education (nearest 69 m), 3 shopping (nearest 267 m).

Search radius
🍽️Dining3
🏫Education1
🛒Shopping3
🌳Parks5
🏦Finance1

Crime & Safety

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%

Sales History

Sold 10/2016CA$150k–200k
Sold price

Same street

Bottom 16%

Same area

Bottom 10%

City-wide

Bottom 7%

Related homes

Highlights & common questions: 245 Royal Avenue, Winnipeg

Property Overview: 245 Royal Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, century-old (1925) one-storey home in Winnipeg's Jefferson neighbourhood, presenting a very specific value proposition. Its key characteristics are its modest 680 sqft living area, an unrenovated basement, a detached garage, and a 2,399 sqft lot. The home's assessed value is notably low compared to local and city-wide averages.

The primary appeal lies in its position as one of the most accessible entry points into homeownership in the city. It suits buyers with limited capital—such as first-time investors looking for a rental property with minimal upfront cost, or a hands-on owner-occupant who prioritizes land ownership and mortgage payments over rent and is willing to live modestly or renovate over time. A less obvious perspective is its potential as a "holding property": the small lot size, while below average, may still offer future redevelopment potential in a mature neighbourhood, appealing to those with a very long-term outlook. It is not suited for those seeking move-in readiness, space, or conventional appreciation metrics.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the average sold prices shown?
The assessed value is for taxation purposes and often lags behind market values. The sold price history indicates the market value has been higher, though still at a very accessible price point compared to typical Winnipeg homes.

2. What does "below average" in all the rankings practically mean for living here?
It confirms this is a smaller, older home on a smaller lot than most in the area. You are purchasing a basic shelter and land title, not a premium property. Daily life will involve managing an older home's maintenance and enjoying a compact living space.

3. Who would this property not be suitable for?
It would not suit families needing multiple bedrooms or space to grow, anyone unable to handle ongoing maintenance of a 101-year-old structure, or buyers seeking a modern, turn-key home without renovation projects.

4. The sold price history shows a range. How can I get the exact figure?
The exact sold prices are not published in the public record. As noted on the detail page, you can request this information via email from the site; they provide it manually without using your email for marketing.

5. Is the unrenovated basement finished or usable as living space?
The listing specifies it is "not renovated," which typically means it is in original, likely unfinished condition. It provides utility and storage space but would require significant investment to be converted into legal living area.

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