243 Belmont Avenue

Jefferson, Winnipeg

Property score

64.9

Fair

Overall 64.9 · Larger and newer than most nearby homes

1,230 sqft (top 21%) · Built in 2017 (69 yrs newer than avg)

Located in a above-average income area with median household income of ~74.5k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 3 schools, 2 shops, and 5 parks nearby

Living Area

Above average

20% larger than neighborhood avg.

Year Built

Above average

69 yrs newer 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

64.9 is composed by the two sections below.

Property Score

63.8Fair
Living Area1,230 sqft66Good
Year Built201797Excellent
Lot Size2,498 sqft18Low
Neighbourhood Sales Activity42Low

Community Score

66.5Good
Household Income74Good
Education Level44Low
Housing Stress63Fair
Core Housing Need76Good
Employment Health68Good

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

above average
1,230 sqft
0255075100
Same streetTop 9%Same areaTop 21%CitywideTop 47%
Same street · Belmont Avenue
#20 / 221
Top 9% · Avg 904 sqft
Same area · Jefferson
#568 / 2,763
Top 21% · Avg 1,029 sqft
Citywide · Winnipeg
#92,207 / 194,458
Top 47% · Avg 1,342 sqft

Tax-Assessed Value

above average
329k
0255075100
Same streetTop 12%Same areaTop 15%CitywideBottom 39%
Same street · Belmont Avenue
#26 / 221
Top 12% · Avg 261k
Same area · Jefferson
#424 / 2,763
Top 15% · Avg 282.9k
Citywide · Winnipeg
#119,307 / 194,458
Bottom 39% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 5%

Lot Size

below average
2,498 sqft
0255075100
Same streetBottom 8%Same areaBottom 4%CitywideBottom 4%

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

243 Belmont Avenue — 15 amenities found within 500 m, across 5 categories, including 4 dining (nearest 221 m), 3 education (nearest 346 m), 2 shopping (nearest 395 m).

Search radius
🍽️Dining4
🏫Education3
🛒Shopping2
🌳Parks5
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 8/2017CA$250k–300k
Sold price

Same street

Top 33%

Same area

Top 45%

City-wide

Bottom 28%

Related homes

Highlights & common questions: 243 Belmont Avenue, Winnipeg

Property Overview

This two-storey home at 243 Belmont Avenue in Winnipeg's Jefferson neighborhood presents a specific and compelling profile. Its primary appeal lies in the combination of a modern build and efficient use of space. Built in 2017, it is a notably newer construction compared to most homes on its street and across the city, offering contemporary building standards and minimal immediate maintenance concerns. With 1,230 sqft of living space, it feels spacious for the area, ranking well above local averages. However, the lot is compact at 2,498 sqft, which means lower exterior upkeep but less private outdoor space.

The property suits practical, value-conscious buyers. It’s ideal for a first-time homeowner seeking a modern, move-in-ready house without the premium of a brand-new subdivision, or for an investor looking for a relatively new asset with likely lower repair costs. The lower assessed value suggests a potentially accessible entry point into the market. A thoughtful perspective is that this home represents a trade-off: you gain a modern interior and efficiency but forfeit the larger yard typical of older neighborhoods. It’s for those who prioritize the condition of the home itself over land size.


Frequently Asked Questions

1. What are the main advantages of this home?
The key advantages are its modern age (built in 2017), which typically translates to newer major systems and less urgent maintenance, and its above-average living space for the immediate area. It offers a contemporary living experience in an established neighborhood.

2. What are the potential drawbacks?
The lot size is significantly smaller than most in Jefferson and Winnipeg overall. This means a compact backyard and less potential for expansions like a large garage or addition. The home also has a basement, but it is noted as not being renovated.

3. Who would this property be best for?
It’s well-suited for first-time homebuyers, small families, or professionals who want a low-maintenance, modern home and do not prioritize a large garden or outdoor space. Its profile could also appeal to rental investors seeking a newer property.

4. How does its value compare to the area?
The home’s assessed value is above average for Belmont Avenue and the Jefferson neighborhood, likely reflecting its newer construction and larger living area. However, it remains around the city-wide average, potentially offering good value for a newer build.

5. What is less obvious about this property’s situation?
While newer, it exists on a street where most homes are decades older. This can be positive for maintenance but may mean the home’s architectural style or condition stands apart. The small lot, while requiring less upkeep, also means future expansion is very limited, which is an important long-term consideration.

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