262 Belmont Avenue

Jefferson, Winnipeg

Property score

45.6

Below average

Overall 45.6 · Smaller and older than most nearby homes

816 sqft (bottom 27%) · Built in 1922 (26 yrs older than avg)

Located in a above-average income area with median household income of ~72k

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

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

26 yrs older than neighborhood avg.

Mother tongue

English · 67%Tagalog · 14%

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

45.6 is composed by the two sections below.

Property Score

31.0Low
Living Area816 sqft32Low
Year Built192220Low
Lot Size3,282 sqft38Low
Neighbourhood Sales Activity42Low

Community Score

67.5Good
Household Income72Good
Education Level34Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health76Good

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: #46110024

Community deep dive

$72K

Median household income

$83K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

31%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)623
Labour force participation rate70%
Median age41.6
Avg household size2.3
Unemployment rate7%
Population density3278 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households31%
Couple families with children24%
Median household income (2020)$72K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority34%
Bachelor's or higher (25–64)18%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 13%

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

Rankings

Living Area

around average
816 sqft
0255075100
Same streetBottom 45%Same areaBottom 27%CitywideBottom 10%
Same street · Belmont Avenue
#121 / 221
Bottom 45% · Avg 904 sqft
Same area · Jefferson
#2,005 / 2,763
Bottom 27% · Avg 1,029 sqft
Citywide · Winnipeg
#174,618 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

around average
281k
0255075100
Same streetTop 40%Same areaBottom 45%CitywideBottom 24%
Same street · Belmont Avenue
#89 / 221
Top 40% · Avg 261k
Same area · Jefferson
#1,532 / 2,763
Bottom 45% · Avg 282.9k
Citywide · Winnipeg
#147,081 / 194,458
Bottom 24% · Avg 390.1k

Year Built

below average
1922
0255075100
Same streetBottom 22%Same areaBottom 15%CitywideBottom 14%

Lot Size

around average
3,282 sqft
0255075100
Same streetBottom 38%Same areaBottom 15%CitywideBottom 16%

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

262 Belmont Avenue — 11 amenities found within 500 m, across 5 categories, including 3 dining (nearest 303 m), 3 education (nearest 341 m), 2 shopping (nearest 450 m).

Search radius
🍽️Dining3
🏫Education3
🛒Shopping2
🌳Parks2
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 12/2023CA$200k–250k
Sold price

Same street

Top 48%

Same area

Bottom 42%

City-wide

Bottom 22%
Sold 6/2019CA$250k–300k
Sold price

Same street

Top 28%

Same area

Top 41%

City-wide

Bottom 30%

Related homes

Highlights & common questions: 262 Belmont Avenue, Winnipeg

Property Overview: 262 Belmont Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on Belmont Avenue in the Jefferson neighbourhood is a practical and compact property built in 1922. Its key appeal lies in its efficiency and recent updates, most notably a renovated basement that adds functional living space to the 816 sqft main floor. The home sits on a standard 3,282 sqft lot with a detached garage.

The property’s standout feature is its value positioning. While its living space is modest compared to city-wide averages, it is quite typical and competitive for its immediate street and area, often ranking near or above the local average for metrics like assessed value. This suggests a home that is well-aligned with its community context rather than standing out as unusually large or small. Its recent sale history indicates stable value.

This home would best suit first-time buyers, downsizers, or practical investors seeking an affordable entry into the Winnipeg market with immediate livability. It’s for someone who values a renovated, low-maintenance interior over expansive square footage, and who appreciates a home that is financially sensible within its established neighbourhood.


Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 816 sqft, the living area is very close to the average for Belmont Avenue itself (~904 sqft) and is a typical size for the Jefferson area, though it is more compact than the average Winnipeg home.

2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the full scope of livable space and quality.

3. Is the assessed value a reliable indicator of the listing or sale price?
The assessed value ($28.10k) is a municipal figure for tax purposes and is typically far below market value. Recent sale prices (shown in a range) are a more relevant guide, but exact prices should be verified.

4. Given the age of the home, what should I be concerned about?
While the basement has been renovated, a home from 1922 may have original components elsewhere, such as wiring, plumbing, or the foundation. A thorough home inspection is essential.

5. How does the detached garage and lot size affect the property?
The lot is a standard size for the street. The detached garage offers flexibility but may be less convenient in winter. The lot provides typical outdoor space for the area but not extensive room for expansion.

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