64.6
Fair
Property score
64.6
Fair
Overall 64.6
Larger and newer than most nearby homes
1,324 sqft (top 12%)
Built in 1956 (8 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, 6 parks, 1 bank/ATM, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
29% larger than neighborhood avg.
Year Built
Above average
8 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
64.6 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
422 Royal Avenue — 13 amenities found within 500 m, across 5 categories, including 3 shopping (nearest 229 m), 6 parks (nearest 64 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%
422 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 & Key Characteristics
This well-situated one-storey home at 422 Royal Avenue in Winnipeg's Jefferson neighbourhood offers a practical and updated living space. Its key appeal lies in a combination of above-average space for its immediate area and a recently renovated basement, adding valuable functional square footage. With 1,324 sqft of living area, the home is notably larger than many comparable properties on its street and in Jefferson, providing more room than typical for the locale. The detached garage and a generous 5,038 sqft lot offer practical outdoor space and parking.
The home suits first-time buyers or downsizers looking for a manageable single-level layout without sacrificing space. It also appeals to value-conscious buyers who prioritize move-in readiness, particularly due to the finished basement, over needing a brand-new build. A thoughtful perspective is that while its assessed value is average for the city, you are acquiring a home that ranks highly for living space within its own community, suggesting a potentially efficient use of your budget relative to the neighbourhood.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
The home's 1,324 sqft of living area places it in the top 15% on Royal Avenue and the top 12% in the wider Jefferson neighbourhood, meaning it is significantly larger than many comparable properties in the immediate area.
2. What is the significance of the assessed value?
At $304,000, the assessed value is around the average for the street, neighbourhood, and city. This indicates the property is priced consistently with the market, without an unusual premium or discount based on its official valuation.
3. What should I know about the age of the home?
Built in 1956, the home is older than the Winnipeg average but is actually newer than many homes on its street and in Jefferson. This suggests the neighbourhood is established, and the home may have benefited from updates over time, like the basement renovation.
4. Is the lot size a pro or a con?
At just over 5,000 sqft, the lot is above average for Royal Avenue and typical for Jefferson, offering good outdoor space for the neighbourhood. It is, however, smaller than the city-wide average lot, which is a common trade-off for homes in established, inner-city communities.
5. Who might this property not suit?
It may not suit buyers seeking a modern, two-storey layout or those requiring a large, sprawling yard. The one-storey design and neighbourhood-typical lot are best for those who prefer convenient living spaces over expansive ones.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
