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.