331 Royal Avenue

Jefferson, ਵਿਨੀਪਿਗ

Property score

56.6

Fair

Overall 56.6 · Compared with neighbourhood average

1,121 sqft (top 32%) · Built in 1948

Located in a average-income area with median household income of ~59.2k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 shop, and 6 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

9% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Near average

0 yrs newer 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

56.6 is composed by the two sections below.

Property Score

53.1Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,121 sqft60Fair
ਤਰੀਕ ਤੋਂ ਬਣਿਆ194830Low
ਜ਼ਮੀਨ4,794 sqft60Fair
Neighbourhood Sales Activity42Low

Community Score

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

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Jefferson

How to read: Share of sales in each ~$50k price band for “jefferson” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
1,121 sqft
0255075100
Same streetਟਾਪ 37%Same areaਟਾਪ 32%Citywideਹੇਠਲੇ 42%
Same street · Royal Avenue
#72 / 195
ਟਾਪ 37% · ਔਸਤ 1,049 sqft
Same area · Jefferson
#875 / 2,763
ਟਾਪ 32% · ਔਸਤ 1,029 sqft
Citywide · ਵਿਨੀਪਿਗ
#112,522 / 194,458
ਹੇਠਲੇ 42% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
295k
0255075100
Same streetਹੇਠਲੇ 44%Same areaਟਾਪ 42%Citywideਹੇਠਲੇ 28%
Same street · Royal Avenue
#110 / 195
ਹੇਠਲੇ 44% · ਔਸਤ 290.1k
Same area · Jefferson
#1,153 / 2,763
ਟਾਪ 42% · ਔਸਤ 282.9k
Citywide · ਵਿਨੀਪਿਗ
#140,276 / 194,458
ਹੇਠਲੇ 28% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1948
0255075100
Same streetਹੇਠਲੇ 39%Same areaਹੇਠਲੇ 40%Citywideਹੇਠਲੇ 26%

ਜ਼ਮੀਨ

ਔਸਤ
4,794 sqft
0255075100
Same streetਟਾਪ 50%Same areaਟਾਪ 50%Citywideਹੇਠਲੇ 39%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

331 Royal Avenue — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 499 m), 1 education (nearest 322 m), 1 shopping (nearest 143 m).

Search radius
🍽️Dining1
🏫Education1
🛒Shopping1
🌳Parks6
🏦Finance1
🏛️Government1

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

8/2019 ਵਿਚ ਵਿਕਿਆCA$200k–250k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 27%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 35%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 19%

Related homes

ਵਿਨੀਪਿਗ 331 Royal Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Summary: 331 Royal Avenue, Winnipeg

Key Characteristics & Appeal

This is a classic, renovated one-storey home in Winnipeg's Jefferson neighbourhood, built in 1948. With 1,121 sqft of living space and a nearly 4,800 sqft lot, it offers comfortable, single-level living on a spacious, typical city lot. A key feature is its renovated basement, adding valuable finished space. The home includes a detached garage.

Its appeal lies in its solid, middle-of-the-road metrics for the immediate area. For Jefferson and Royal Avenue specifically, its living space, lot size, and assessed value all rank as "around average" compared to peers. This suggests a home that fits neatly into the established fabric of the neighbourhood—not the largest or newest, but a well-sized property that has been updated. The renovated basement is a practical advantage, effectively expanding the usable square footage beyond the main floor.

This property would suit a first-time homebuyer or downsizer looking for manageable, single-level living in a stable neighbourhood without the premium price of a top-tier property. It’s also a sensible fit for a value-conscious buyer who prefers a home that has already seen key renovations (like the basement), offering move-in readiness without the immediate need for major projects.

Frequently Asked Questions

1. What is the exact recent sold price history?
The available public data shows a sale in August 2019 in a broad range. For precise, verified sold prices, you can request the exact history via email from the listing source.

2. How does the assessed value compare?
At $29.50k, the assessment is around average for Jefferson and Royal Avenue. It's important to note that assessed value for tax purposes is a different metric than current market value, but it indicates the home is not an outlier in its area.

3. Is the lot size a pro or con?
At just under 5,000 sqft, the lot is typical for the street and neighbourhood. It provides good outdoor space for gardening or recreation without the extensive maintenance of a much larger yard.

4. What does "around average" in rankings mean for me?
For key metrics like living area and lot size, it means this home is very representative of what the Jefferson area offers. You are getting a standard offering for the locale, which can provide stability and predictable comparisons for future resale.

5. The home is 78 years old. What should I consider?
While the basement has been renovated, a home of this age means core systems (like plumbing, electrical, roof) may be newer updates or could require future attention. A thorough inspection is always recommended to understand the condition of these fundamental elements beyond the cosmetic renovations.

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