Property Overview: 296 Belmont Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in the Jefferson neighborhood presents a practical opportunity. Built in 1952, it offers 1,104 sqft of living space, which is notably above average for Belmont Avenue itself, and sits on a 3,283 sqft lot. The home includes a basement and a detached garage. Its assessed value is positioned below the wider area averages, suggesting a potentially accessible price point relative to the broader Jefferson area and city.

The primary appeal lies in its solid positional metrics within its immediate streetscape—it ranks well for living area among its closest peers. This makes it a sensible choice for a first-time buyer, an investor, or someone seeking a functional home in a mature neighborhood without a premium lot size. It suits a buyer comfortable with a home of this era, likely seeing value in the existing structure and location over a large plot or modern finishes. A thoughtful perspective is that its stronger performance on its own street compared to the wider area could indicate a stable, consistent micro-neighborhood, even if the broader suburb has more variation in lot and home sizes.

Section 2: Frequently Asked Questions

1. What does the ranking data actually mean for a buyer?
It contextualizes the home against similar properties. For example, living area ranking in the "Top 20%" on its street means it's larger than 80% of comparable homes on Belmont Avenue, a definite plus. Conversely, a "below average" land area ranking in Jefferson means lots in the wider neighborhood are typically larger.

2. Is the basement finished?
The listing specifies the basement exists but is "not renovated." Buyers should budget for any desired improvements and consider it as unfinished space.

3. Why is the assessed value so much lower than the city-wide average?
The assessed value is for municipal tax purposes and is not a market price. Its lower ranking city-wide reflects the home's modest size and lot relative to the entire Winnipeg market, which includes many newer, larger properties. The recent sold price range provides a more current market indicator.

4. What are the implications of the detached garage?
A detached garage offers flexibility (e.g., workshop space) but means dealing with Winnipeg winters when moving between your car and house. It may also influence future landscaping or driveway plans.

5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed. As noted on the detail page, you can request it via email from the site; they provide this data manually and state they will not use your contact information for unsolicited marketing.