Property score
55.2
Fair
Overall 55.2 · Larger but older than most nearby homes
1,217 sqft (top 23%) · Built in 1912 (36 yrs older than avg)
Located in a above-average income area with median household income of ~74.5k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 3 schools, 2 shops, and 3 parks nearby
Living Area
Above average
18% larger than neighborhood avg.
Year Built
Below average
36 yrs older 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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55.2 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
228 Belmont Avenue — 13 amenities found within 500 m, across 5 categories, including 4 dining (nearest 173 m), 3 education (nearest 326 m), 2 shopping (nearest 404 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 26% | Bottom 15% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1,217 sqft, one-and-three-quarter storey home on Belmont Avenue in Winnipeg's Jefferson neighbourhood presents a distinct value proposition. Built in 1912, it sits on a 2,498 sqft lot and features a basement that has not been renovated. There is no garage or pool.
Its primary appeal lies in its affordability, as reflected in a significantly below-average assessed value for the area. The living space is notably above average for both its immediate street and the Jefferson neighbourhood, offering more interior room than many nearby homes. This creates a unique dynamic: you get more house for your money compared to local benchmarks, but within a much older property on a smaller lot.
This home would suit a pragmatic, value-conscious buyer. It's ideal for someone willing to take on a property with older infrastructure and a basement in original condition, possibly as a long-term hold or a live-in renovation project. It could also appeal to an investor seeking a rental property with a lower entry point in a neighbourhood where comparable homes are assessed at a higher value.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on factors like the home's age (1912), the unrenovated basement, the lack of a garage, and the smaller lot size. It reflects the property's current condition and features rather than potential.
2. What does "above average" living area mean in this context?
While the home's overall assessed value is low, its 1,217 sqft of living space is larger than most homes directly on Belmont Avenue and in the wider Jefferson area. You are getting more interior square footage than is typical for similarly priced properties in this locale.
3. Are the low property taxes a permanent advantage?
Taxes are based on the assessed value. While currently an advantage, any significant renovation, addition, or a sharp rise in area property values following a sale could lead to a higher assessment and increased taxes in the future.
4. What are the implications of such an old house and an unrenovated basement?
A 114-year-old home will likely have older wiring, plumbing, and insulation. The unrenovated basement suggests fundamental systems (heating, foundation, moisture control) may be original or dated, which should be a key focus for inspection and budgeting.
5. How reliable are the sold price comparisons shown?
The listed sold price is a range from public data. For an exact historical sale price, you must request it via email from the site, as they manually verify this information from non-public sources to ensure accuracy.
