Property score
52.1
Fair
Overall 52.1 · Newer than most nearby homes
884 sqft (bottom 34%) · Built in 2007 (59 yrs newer than avg)
Located in a above-average income area with median household income of ~73k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 3 shops, and 5 parks nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Above average
59 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 18%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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52.1 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: #46110015
$73K
Median household income
$77K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
31%
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
297 Royal Avenue — 12 amenities found within 500 m, across 5 categories, including 2 dining (nearest 391 m), 1 education (nearest 208 m), 3 shopping (nearest 261 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 | Top 39% | Top 31% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This bi-level home at 297 Royal Avenue in Winnipeg's Jefferson neighborhood presents a specific, value-oriented opportunity. Its key appeal lies in being a relatively modern structure (built in 2007) within a market of predominantly older homes, offering move-in readiness without the immediate concerns of aging major systems. The living space (884 sq ft) is compact, and the lot size (2,400 sq ft) is notably smaller than area averages, which translates to lower maintenance demands—both in terms of interior upkeep and yard work. The home has a basement, though it is not renovated, and there is no garage or pool.
It would suit first-time buyers seeking an affordable entry into homeownership with a newer build, or practical downsizers looking to minimize ongoing maintenance and property chores. Investors may also see value in a modern property with steady rental appeal in a well-established area. A less obvious perspective is that the smaller lot and efficient footprint could align well with a minimalist or environmentally conscious lifestyle, focusing on utility over expansiveness.
Frequently Asked Questions
1. Is this a good value for the price?
Based on the assessed value and recent sold price data, this property sits around the average for its immediate street and neighborhood, but below the city-wide average. The value is primarily in the modern year of construction compared to surrounding homes.
2. What are the main compromises with this property?
The primary trade-offs are space, both indoors and outdoors. The living area and land area are significantly below local averages. There is also no garage, which is a consideration for vehicle storage and winter weather.
3. How does the age of this home compare to others nearby?
This is a standout feature. Built in 2007, it is newer than approximately 90% of homes on its street and 96% of homes in the Jefferson area, making it a notably modern property in an older neighborhood.
4. What is the potential for expansion or adding a garage?
The potential may be limited due to the smaller lot size. Any significant expansion or addition would require careful review of zoning bylaws and lot coverage rules, as there is less land to work with than on a typical property.
5. Where can I find the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide this precise history via email upon request, which they handle manually without using the contact for unsolicited marketing.
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