Property Overview: 399 Royal Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1955, offering a practical and updated living space in Winnipeg's Jefferson neighbourhood. With 951 sqft of living area and a renovated basement, it provides functional space for everyday life. The detached garage and a standard city lot of just over 4,400 sqft add practical value for parking and outdoor use.
Its primary appeal lies in its solid positioning as a comfortable, no-fuss home in an established area. The data shows it consistently performs "around average" against most immediate local benchmarks for size, value, and lot size, indicating it's a typical and stable offering for the street and neighbourhood. This isn't a standout luxury property, but rather a dependable one. The renovated basement is a key modern advantage, adding usable space without the need for immediate projects.
This home would suit first-time buyers seeking a move-in-ready starter home without unexpected extremes, or downsizers looking for a manageable single-level layout with modern touches. It’s for the buyer who values neighbourhood consistency over flashy features, and who appreciates that a recent sale history suggests a stable and active local market.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data indicates it is very much in the middle of the pack for Jefferson and Royal Avenue specifically. It's not among the largest or newest, nor is it the smallest or oldest. Think of it as a representative, average home for this specific location, which can be a positive sign of neighbourhood stability.
2. The assessed value seems low. Is that accurate?
The assessed value is for municipal tax purposes and is not market value. The recent sold price ranges (from $305k-$335k in 2024) are the true indicator of its current market worth, showing it sells for significantly more than its assessment.
3. Is the renovated basement a full legal suite?
The listing notes a "renovated basement" but does not specify it as a separate or legal suite. Buyers should verify the permits and configuration with the seller to understand if it's a recreational space, a secondary suite, or simply updated living areas.
4. What are the less obvious points to consider?
While the home itself is average for the street, it ranks "above average" for its year built within the wider Jefferson area, meaning it's relatively newer than many neighbouring homes. Conversely, its living space is "below average" citywide, highlighting that it offers a more compact, efficient footprint compared to the Winnipeg average.
5. Where can I get the exact historical sold prices?
The exact sold prices are not publicly displayed. As noted on the detail page, you can request them via email from the site provider, who manually sends the accurate figures without using your email for marketing spam.