Property score
40.7
Below average
Overall 40.7 · Smaller and older than most nearby homes
660 sqft (bottom 10%) · Built in 1946 (2 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 2 shops, 3 parks, and 1 place of worship nearby
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Below average
2 yrs older 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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40.7 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
342 Belmont Avenue — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 255 m), 2 shopping (nearest 459 m), 3 parks (nearest 251 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 43% | Bottom 33% | Bottom 18% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 4% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This one-storey home at 342 Belmont Avenue is a compact, post-war property built in 1946. Its key characteristic is its modest scale, with 660 sqft of living space and a 3,282 sqft lot, both placing it below the average for the Jefferson area and Winnipeg overall. The home has an unrenovated basement and a detached garage. Its assessed value is notably low, reflecting its size and condition.
The primary appeal lies in its affordability and potential. It represents a true entry point into the Winnipeg market, suited for first-time buyers, investors, or downsizers comfortable with a smaller footprint. The lot size is reasonable for the neighbourhood, offering outdoor space. A thoughtful perspective is that its below-average metrics across the board create a clear value proposition for a hands-on buyer; it’s a property where personal sweat equity could translate directly into financial equity, rather than paying a premium for already-completed upgrades. It would suit a pragmatic buyer looking for a straightforward project or a long-term holder less concerned with immediate modern finishes.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific attributes—its smaller size, age, and unrenovated condition—compared to the broader city average which includes much larger, newer, or updated homes.
2. Is the basement finished or usable?
The listing specifies the basement is "not renovated," indicating it is likely in a rough or utility state, offering storage or future development potential rather than finished living space.
3. What does the sold price history indicate?
The home sold in 2021 and 2019 at prices consistent with its low assessment. The increase between sales aligns with broader market trends, suggesting it is valued for its land and location rather than its structure.
4. Who would this property not be suitable for?
It would likely not suit buyers seeking a move-in-ready home, those needing multiple bedrooms or ample living space, or anyone unwilling to take on a property that may require updates or maintenance over time.
5. How does it rank compared to immediate neighbours?
The data shows that on Belmont Avenue itself, the home's living area and lot size are around or slightly below the street's average, while its assessed value ranks in the lower third. This suggests it is a more modest offering even within its own block.
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