Property score
55.5
Fair
Overall 55.5 · Older than most nearby homes
1,100 sqft (top 34%) · Built in 1917 (31 yrs older 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 2 parks nearby
Living Area
Near average
7% larger than neighborhood avg.
Year Built
Below average
31 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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55.5 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
248 Belmont Avenue — 12 amenities found within 500 m, across 5 categories, including 4 dining (nearest 247 m), 3 education (nearest 382 m), 2 shopping (nearest 428 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 21% | Bottom 13% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
Key Characteristics & Appeal
This one-and-three-quarter storey home at 248 Belmont Avenue in Winnipeg's Jefferson neighbourhood is a practical, no-frills property built in 1917. Its key features include a renovated basement, a detached garage, and 1,100 square feet of living space, which is notably above average for Belmont Avenue itself. The lot is a manageable 3,748 square feet.
The primary appeal lies in its value and simplicity. With a relatively low assessed value, it presents an accessible entry point into homeownership. Its above-average living area for the immediate street suggests a comfortable amount of space for the price. The renovated basement adds functional, modernized space. This home would suit first-time buyers, investors, or downsizers seeking a straightforward, low-maintenance property without major renovations. A less obvious perspective is that its age and established location in a long-standing neighbourhood often come with mature trees and a settled community feel that newer subdivisions lack, though this also implies a need for attention to potential upkeep associated with a century-old structure.
Frequently Asked Questions
1. Is the living space actually comfortable for a family?
While the 1,100 sqft living area is efficient, the home's one-and-three-quarter storey design often means bedrooms are on a smaller, cozier upper floor. It's well-suited for a small family, a couple, or an individual who values main-floor living space.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's market position relative to its specific location, age, and characteristics. In the Jefferson area and for homes of this vintage, values are typically lower than the Winnipeg city-wide average, which includes many newer, larger homes in different market segments.
3. What does "renovated basement" typically mean for a house of this age?
It usually indicates functional improvements like updated flooring, lighting, and drywall, making the space livable or usable for storage and utilities. Buyers should still inquire about the specifics of the renovation, including moisture control and ceiling height, which are common considerations in older homes.
4. How does the detached garage impact winter use?
A detached garage offers valuable storage and parking but requires going outside in all weather. For some, this is a minor inconvenience; for others, it's a significant factor compared to an attached garage. It also provides flexibility for a workshop or project space separate from the house.
5. The home is over 100 years old. What should I be most concerned about?
Prospective buyers should prioritize a thorough inspection focusing on the foundational integrity, the age and condition of major systems (like plumbing and electrical, which may have been updated over time), and the roof. The charm of an older home comes with the responsibility of maintaining its unique, aged structure.
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