345 Belmont Avenue

Jefferson, Winnipeg

Property score

50.4

Fair

Overall 50.4 · Older than most nearby homes

900 sqft (bottom 36%) · Built in 1946 (2 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 2 shops, 3 parks, and 1 place of worship nearby

Living Area

Below average

13% 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)

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

50.4 is composed by the two sections below.

Property Score

39.0Low
Living Area900 sqft42Low
Year Built194630Low
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
900 sqft
0255075100
Same streetTop 46%Same areaBottom 36%CitywideBottom 17%
Same street · Belmont Avenue
#101 / 221
Top 46% · Avg 904 sqft
Same area · Jefferson
#1,762 / 2,763
Bottom 36% · Avg 1,029 sqft
Citywide · Winnipeg
#162,141 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
309k
0255075100
Same streetTop 23%Same areaTop 27%CitywideBottom 32%
Same street · Belmont Avenue
#50 / 221
Top 23% · Avg 261k
Same area · Jefferson
#754 / 2,763
Top 27% · Avg 282.9k
Citywide · Winnipeg
#132,372 / 194,458
Bottom 32% · Avg 390.1k

Year Built

around average
1946
0255075100
Same streetBottom 43%Same areaBottom 25%CitywideBottom 23%

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

345 Belmont Avenue — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 304 m), 2 shopping (nearest 410 m), 3 parks (nearest 294 m).

Search radius
🏫Education3
🛒Shopping2
🌳Parks3
Worship1

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 8/2019CA$250k–300k
Sold price

Same street

Top 41%

Same area

Top 49%

City-wide

Bottom 26%
Sold 5/2017CA$200k–250k
Sold price

Same street

Bottom 49%

Same area

Bottom 40%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 345 Belmont Avenue, Winnipeg

Property Summary: 345 Belmont Avenue, Winnipeg

Key Characteristics & Buyer Appeal

This well-maintained one-storey home on Belmont Avenue offers a practical footprint of 900 sqft, which is typical for the immediate street and neighborhood. Its key updated feature is a renovated basement, adding valuable finished living space. The detached garage provides flexible storage or workshop potential. Built in 1946, the home presents a classic character while the renovation suggests modern livability.

The appeal lies in its strong value proposition within the local Jefferson area. The home’s assessed value ranks notably above average for both the street and the neighborhood, indicating it is viewed favorably relative to its peers. This, combined with its recent updates, positions it as a turnkey property in a stable, established community. The lot, while smaller than the city average, is a manageable size for low-maintenance outdoor living.

This property would best suit first-time homebuyers, downsizers, or pragmatic investors seeking a move-in-ready home without a premium price tag. It’s for those who value a quiet, mature neighborhood over a sprawling lot, and who appreciate the financial efficiency of a home that already has key renovations addressed.


Frequently Asked Questions

1. How does the home’s value compare to recent sales?
Based on available data, the last two recorded sales were in 2019 and 2017, with prices in the mid-$20k range. The current assessed value of $30.9k is higher, reflecting market changes and the renovated condition.

2. Is the living space sufficient for a growing family?
At 900 sqft above grade, the space is compact. The renovated basement effectively doubles the usable living area, making it more functional for a small family, but the main floor layout is best suited for individuals, couples, or a small family.

3. What does the "above average" assessed value ranking mean for taxes?
While the assessed value is strong for the area, property taxes are calculated using a mill rate applied to this value. A higher assessment relative to neighbors generally means a proportionally higher tax bill, so this should be factored into the budget.

4. Are there any concerns with a home built in 1946?
The renovated basement is a significant update. However, prospective buyers should still have a thorough inspection to evaluate the condition of original core components, such as the roof, plumbing, electrical systems, and foundation, which may be nearing or past their typical lifespan.

5. How does the lot size impact future plans?
The 3,282 sqft lot is smaller than many in Winnipeg. This limits potential for large additions or pools but also means less yard maintenance. It’s ideal for someone wanting a private outdoor space without extensive upkeep. Any expansion plans would need to carefully consider setback requirements.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.