234 Belmont Avenue

Jefferson, Winnipeg

Property score

45.4

Below average

Overall 45.4 · Smaller and older than most nearby homes

810 sqft (bottom 27%) · Built in 1916 (32 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

Below average

21% smaller than neighborhood avg.

Year Built

Below average

32 yrs older than neighborhood avg.

Mother tongue

English · 66%Tagalog · 19%

Past 10 years Jefferson sales snapshot (~80% of all data)

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

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Property score

45.4 is composed by the two sections below.

Property Score

31.4Low
Living Area32
810 sqftLow
Year Built16
1916Low
Lot Size46
3,748 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

66.5Good
Household Income74
Good
Education Level44
Low
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health68
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110018

Community deep dive

$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

Population, labour & age

Population (2021)755
Labour force participation rate71%
Median age37.6
Avg household size2.4
Unemployment rate11%
Population density3973 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households30%
Couple families with children30%
Median household income (2020)$75K

Housing

Renter households40%
Condominium dwellings0%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority33%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Tagalog · 19%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
810 sqft
0255075100
Same streetBottom 43%Same areaBottom 27%CitywideBottom 10%
Same street · Belmont Avenue
#125 / 221
Bottom 43% · Avg 904 sqft
Same area · Jefferson
#2,025 / 2,763
Bottom 27% · Avg 1,029 sqft
Citywide · Winnipeg
#175,601 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

below average
205k
0255075100
Same streetBottom 19%Same areaBottom 9%CitywideBottom 9%
Same street · Belmont Avenue
#178 / 221
Bottom 19% · Avg 261k
Same area · Jefferson
#2,506 / 2,763
Bottom 9% · Avg 282.9k
Citywide · Winnipeg
#177,117 / 194,458
Bottom 9% · Avg 390.1k

Year Built

below average
1916
0255075100
Same streetBottom 9%Same areaBottom 7%CitywideBottom 11%

Lot Size

around average
3,748 sqft
0255075100
Same streetTop 47%Same areaBottom 20%CitywideBottom 22%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

234 Belmont Avenue — 13 amenities found within 500 m, across 5 categories, including 4 dining (nearest 196 m), 3 education (nearest 350 m), 2 shopping (nearest 413 m).

Search radius
🍽️Dining4
🏫Education3
🛒Shopping2
🌳Parks3
Fuel Stations1

Crime & Safety

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%

Sales History

Sold 8/2022CA$200k–250k
Sold price

Same street

Bottom 37%

Same area

Bottom 27%

City-wide

Bottom 15%

Related homes

Highlights & common questions: 234 Belmont Avenue, Winnipeg

Property Overview: 234 Belmont Avenue, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1916, situated on a standard-sized lot in the Jefferson neighbourhood. Its key appeal lies in its position as an accessible entry point into the Winnipeg market. With 810 square feet of living space and an unrenovated basement, it presents a straightforward, no-frills opportunity. The detached garage adds practical value.

The home’s assessed value is notably below average for its area, which indicates a lower property tax burden and suggests potential for value growth through updates. Its living area is relatively typical for Belmont Avenue itself, meaning it fits right in on its specific street—a positive for those seeking a home that doesn’t stand out as the smallest on the block.

This property would best suit a first-time buyer, an investor looking for a manageable rental, or a hands-on individual comfortable with a home that may require gradual improvements. Its scale offers manageable upkeep and heating costs, which is a thoughtful advantage for budget-conscious owners. The appeal is fundamentally pragmatic: it’s a chance to secure a land-owning foothold in the city without a premium price tag, in a setting where the house itself, not the location, is the project.

Frequently Asked Questions

1. What does "Top 57% for Living Area on Belmont Avenue" actually mean?
It means this home’s interior size is larger than 57% of similar homes on Belmont Avenue. On its own street, it’s not considered a small house, which can be a social and practical comfort in an older neighbourhood.

2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home’s age, size, condition, and specific market area. A value significantly below averages, especially for Jefferson and city-wide, typically results from the home’s modest specs and lack of recent major renovations, not necessarily its livability.

3. Is the unrenovated basement a major concern?
It is a factor for both cost and potential. It means significant finishing work would be needed to add livable space, but it also provides untouched storage and mechanical access. For some buyers, a blank slate is preferable to a poorly executed renovation.

4. How reliable are the sold price ranges shown?
The ranges are based on public data, which can sometimes be incomplete or estimated. For precise historical sale figures, you must request the exact data via email, as noted on the detail page.

5. The home is over 100 years old. What should I be most prepared for?
While systems like roofing, plumbing, and wiring may have been updated over time, you should budget for ongoing maintenance consistent with an older building. The charm and solid construction of an early-1900s home come with the responsibility of vigilant upkeep.