Property score
55.9
Fair
Overall 55.9 · Newer than most nearby homes
910 sqft (bottom 39%) · Built in 2002 (54 yrs newer than avg)
Located in a above-average income area with median household income of ~74.5k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 3 schools, 2 shops, and 4 parks nearby
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Above average
54 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 19%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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55.9 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: #46110018
$75K
Median household income
$75K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
30%
Single-person households
30%
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
220 Belmont Avenue — 14 amenities found within 500 m, across 5 categories, including 4 dining (nearest 145 m), 3 education (nearest 296 m), 2 shopping (nearest 392 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 | Top 21% | Top 36% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 910 sqft bi-level home at 220 Belmont Avenue in Winnipeg's Jefferson neighbourhood presents a practical and modernized living option. Its key appeal lies in being a notably newer construction (built in 2002) in an area dominated by much older homes, offering move-in readiness with a renovated basement. The detached garage adds functional value. While the living space and lot size (2,998 sqft) are modest compared to broader city averages, the property holds a strong assessed value position within its immediate area, suggesting it is well-regarded in its local context.
It would suit first-time buyers or downsizers seeking a low-maintenance, modern home without leaving established neighbourhoods. It’s also a sensible fit for pragmatic investors or buyers who prioritize updated mechanics and a newer building envelope over expansive square footage, valuing predictability in maintenance costs.
Key Questions & Answers
1. How does the home’s age compare to others nearby?
It is significantly newer. Built in 2002, it ranks in the top 6% on its street and top 4% in the Jefferson area, where the average comparison home was built in the late 1940s.
2. The assessed value seems high relative to the sold price from 2019. Why?
The current assessed value ($32.10k) is above the local average and notably higher than the 2019 sale range ($25.50k - $28.50k). This typically reflects market appreciation and municipal assessment updates, but it’s important to review recent comparable sales for current market value.
3. What are the trade-offs for having a newer home in this area?
The primary trade-off is space. The lot and living area are below average for the street and city, which is common for infill properties. You gain modern construction but may have less outdoor and indoor space than older homes on larger lots nearby.
4. Is the renovated basement included in the living area square footage?
Typically, below-grade space is not included in official living area calculations. The 910 sqft likely refers to above-grade space, meaning the renovated basement adds valuable additional functional space not reflected in that main figure.
5. How does this property fit within the Jefferson neighbourhood?
It offers a contemporary living option in a classic neighbourhood. For context, nearby reference properties are older (e.g., built 1912, 1926) and vary in size and value, indicating a diverse streetscape. This home provides a turn-key alternative to a renovation project.
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