Property score
48.0
Below average
Overall 48.0 · Newer than most nearby homes
1,095 sqft (top 34%) · Built in 1956 (8 yrs newer than avg)
Located in a average-income area with median household income of ~46.8k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 3 shops, 6 parks, 1 bank/ATM, and 2 place of worships nearby
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 59%Tagalog · 14%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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48.0 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: #46110013
$47K
Median household income
$56K
Average household income
28%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
46%
Single-person households
14%
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
402 Royal Avenue — 13 amenities found within 500 m, across 5 categories, including 3 shopping (nearest 145 m), 6 parks (nearest 42 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 | Bottom 41% | Bottom 45% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This one-storey home at 402 Royal Avenue in Winnipeg's Jefferson neighborhood presents a straightforward, mid-century property built in 1956. Its key characteristics are its modest, manageable scale—featuring 1,095 sqft of living space and a 4,822 sqft lot, both consistently around the average for the immediate area. The home includes a basement and a detached garage. Notably, its assessed value is significantly below the Winnipeg citywide average, positioning it as an accessible entry point into the market.
The primary appeal lies in its practicality and location within a well-established neighborhood. It suits first-time homebuyers or practical investors looking for a lower barrier to entry with the space and land to build equity over time. The home’s unrenovated basement and overall condition suggest it’s ideal for a buyer comfortable with gradual updates or one who values functional space over immediate modern finishes. A thoughtful perspective is that its "around average" metrics for the street and neighborhood indicate stability and predictability, offering a clear picture of what you're getting without the premium or the extreme project often found in more outlier properties.
Frequently Asked Questions
1. What is the actual recent sale price history?
The available public data shows a sale in May 2016 in the $235,000 - $265,000 range. For precise, verified sale prices, you can request the exact history via email from the listing source.
2. What does "around average" for most metrics mean for a buyer?
It means the home is typical for Jefferson and Royal Avenue in terms of size, land, and age. This can be an advantage, as it suggests the property is unlikely to be over- or under-valued compared to its immediate peers, making it a sensible, benchmark choice.
3. The assessed value is much lower than the city average. Why?
The assessed value is primarily for municipal tax purposes and reflects the property's value relative to others in its assessment group. A value well below the citywide average is common for older, modest homes in established neighborhoods and often correlates with a more affordable tax burden.
4. Is the basement finished?
No, the listing specifies the basement exists but is "not renovated," indicating it is likely unfinished or in a basic, utilitarian state.
5. How does the year built (1956) compare to nearby homes?
The home is slightly newer than many in its area. It ranks "above average" for its year built both on its street and in the wider Jefferson neighborhood, meaning it may have fewer immediate age-related concerns than some direct comparables.
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