56.9
Fair
Property score
56.9
Fair
Overall 56.9
Newer than most nearby homes
950 sqft (bottom 44%)
Built in 2021 (73 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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Above average
73 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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56.9 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
299 Royal Avenue — 12 amenities found within 500 m, across 5 categories, including 2 dining (nearest 398 m), 1 education (nearest 215 m), 3 shopping (nearest 253 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%
299 Royal Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 299 Royal Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 299 Royal Avenue is defined by its modern age and efficient footprint. Built in 2021, it is a notably new construction in the Jefferson area, where most homes are decades older. With 950 sqft of living space, it offers a manageable size that is quite typical for its immediate neighborhood and area, though smaller than the Winnipeg city average. The lot is compact at 2,400 sqft, meaning minimal exterior upkeep.
The primary appeal lies in its turn-key, modern condition, offering a buyer a home with contemporary building standards and no immediate renovation needs. Its assessed value positions it as a solid, mid-range property within Jefferson, suggesting a good balance of amenities and location for the price. This property would suit first-time homebuyers, downsizers, or investors seeking a modern, low-maintenance property without a large yard to manage. It’s for those who prioritize a newer home in a settled neighborhood over expansive indoor and outdoor space.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for Year Built mean?
It indicates this home is among the newest 1-2% of all comparable properties in its area and city-wide. In a neighborhood of mostly mid-20th century homes, a 2021 build is a significant outlier in terms of modernity.
2. How should I interpret the compact land size?
While the lot is smaller than most in Winnipeg, it is very common for newer infill developments. This translates to less time and money spent on landscaping and yard maintenance, which can be a practical advantage.
3. The assessed value seems high for the neighborhood average. Why?
The assessed value reflects the home's new condition. While it's above the Jefferson average, this is likely due to its modern construction compared to the older housing stock around it, not necessarily an outlier for what you're getting.
4. Is the basement finished?
No. The listing specifies the basement exists but is "not renovated," offering blank-canvas storage or future expansion potential.
5. What’s the parking situation?
There is no garage. Parking would be limited to driveway or on-street, which is a typical trade-off for the compact lot size and should be considered if you have multiple vehicles.
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