Property score
53.3
Fair
Overall 53.3 · Newer than most nearby homes
956 sqft (bottom 45%) · Built in 1955 (7 yrs newer than avg)
Located in a above-average income area with median household income of ~64k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 3 shops, 7 parks, 1 bank/ATM, and 2 place of worships nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 47%Tagalog · 21%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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53.3 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: #46110011
$64K
Median household income
$71K
Average household income
15%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
33%
Single-person households
22%
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
421 Royal Avenue — 14 amenities found within 500 m, across 5 categories, including 3 shopping (nearest 221 m), 7 parks (nearest 90 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 28% | Bottom 36% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 421 Royal Avenue in Winnipeg's Jefferson neighbourhood presents a practical, no-frills opportunity. Built in 1955, its 956 sqft living area and recently renovated basement offer functional space. The property stands out with a larger-than-average lot for the immediate area at over 5,000 sqft, providing valuable outdoor space and potential. A detached garage adds utility. Its assessed value positions it as an accessible entry point into the market, notably below the citywide average.
The appeal lies in its straightforward, grounded offering. It suits first-time buyers seeking a liveable home without a premium price tag, or investors looking for a manageable rental property with a stable assessment. The generous lot is a key asset, offering room for gardening, play, or future expansion where many newer properties do not. It’s a home for those who value practicality over prestige, and who see potential in a solid, renovated basement and a sizable yard rather than in high-end finishes or a trendy location.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 956 sqft, the living area is very close to the average for both Royal Avenue and the wider Jefferson neighbourhood, making it a typical offering for the area in terms of indoor space.
2. What does the assessed value tell me about this property?
The assessed value is around the neighbourhood average but sits significantly below the average for the entire city. This often indicates a more affordable entry point into the Winnipeg market while being priced consistently within its immediate community.
3. Is the lot size a significant feature?
Yes. The lot of 5,038 sqft ranks in the top 30% on its own street, meaning it's notably larger than many direct neighbours. This provides more private outdoor space than is typical for the block, which is a valuable and less common asset in established neighbourhoods.
4. The home was built in 1955. What should I consider?
While the systems and structure will be of that era, the renovated basement is a positive update. A pre-purchase inspection is always advised to understand the condition of the roof, wiring, plumbing, and foundation common to homes of this vintage.
5. Who would this property best suit?
It is ideally suited for a pragmatic buyer—perhaps a first-time homeowner or an investor—who prioritizes lot size, a renovated basement, and functional space over a modern layout or high-end features. Its value is in its fundamentals: usable space, a large yard, and a price point that allows for future incremental improvements.
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