Property score
58.4
Fair
Overall 58.4 · Newer than most nearby homes
1,045 sqft (top 45%) · Built in 1978 (30 yrs newer than avg)
Located in a above-average income area with median household income of ~72k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 2 shops, 3 parks, and 1 place of worship nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Above average
30 yrs newer than neighborhood avg.
Mother tongue
English · 67%Tagalog · 14%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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58.4 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: #46110024
$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
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
338 Belmont Avenue — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 253 m), 2 shopping (nearest 461 m), 3 parks (nearest 252 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 | Top 15% | Top 25% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 338 Belmont Avenue, Winnipeg
Key Characteristics & Appeal
This well-maintained one-storey home in the Jefferson neighborhood presents a compelling blend of space, value, and modern updates. Its 1,045 sqft living area is notably above average for Belmont Avenue, offering more interior room than most immediate neighbors. A key feature is the renovated basement, which adds significant functional space. The home’s assessed value ranks highly within both the street and the wider Jefferson area, suggesting it is perceived as a solid asset relative to its peers. Built in 1978, it is a much newer construction than most homes in the vicinity, which often translates to fewer concerns over aging core systems.
The appeal lies in its balanced offering: it’s a move-in ready property with modernized living space, situated on a standard city lot. It suits first-time buyers seeking a manageable, updated home without a premium price tag, or practical investors looking for a property with strong fundamentals in a stable neighborhood. A thoughtful perspective is that while the lot size is smaller than the Winnipeg average, this can mean less maintenance—a perk for busy professionals or those looking to downsize without sacrificing interior comfort.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is in the top 10% for the Jefferson area and top 8% on its own street, indicating it is considered a higher-value property in its immediate context compared to older or smaller homes nearby.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific finishes and legal status (e.g., if it includes a separate suite) are not detailed. This would be a key point to clarify with the seller or listing agent.
3. Is the detached garage included?
Yes, the property includes a detached garage, which provides secure parking and additional storage.
4. How does the living space compare to typical Winnipeg homes?
At 1,045 sqft, the living area is close to the Winnipeg city-wide average. However, it is significantly larger than the average home on Belmont Avenue, meaning you get more interior space than most of the direct neighbors.
5. Why is the year built (1978) considered an advantage?
In this context, it’s a relative advantage. Most homes on Belmont Avenue and in Jefferson were built around 1947-1948. A 1978 build likely incorporates newer construction materials, electrical, and plumbing standards, potentially reducing immediate repair needs common in much older homes.
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