Property score
37.1
Below average
Overall 37.1 · Smaller and older than most nearby homes
484 sqft (bottom 1%) · 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
53% 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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37.1 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
350 Belmont Avenue — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 267 m), 2 shopping (nearest 427 m), 3 parks (nearest 249 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 1% | Bottom 1% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 350 Belmont Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1946, situated on a standard-sized lot in the Jefferson neighbourhood. Its most defining characteristic is its modest scale, with a living area of 484 sqft, which is notably smaller than most homes on its street, in the area, and across Winnipeg. This is reflected in its assessed value, which is significantly below average at $14,100.
The primary appeal lies in its position as an entry-point property or a minimal-maintenance holding. It suits a very specific buyer: an investor looking for an affordable rental asset, a hands-on individual seeking a low-cost base for a potential expansion or rebuild, or a buyer with minimal space needs who prioritizes low property taxes and a straightforward footprint. Its value is fundamentally in the land and location, not the existing structure. A thoughtful perspective is that such a property can represent true affordability in a market where that is rare, offering ownership without the burden of a large mortgage, albeit with compromises on space and modern amenities.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based heavily on the size, condition, and features of the property. With a living area in the bottom 1% of the city and no noted basement or garage, the value of the existing structure is minimal, resulting in a low overall assessment.
2. What type of renovation or expansion potential does it have?
The lot size is average for the street, providing some room for an addition or redevelopment, subject to local zoning bylaws. Given the home's age and size, a major renovation or rebuild is a likely consideration for a buyer wanting more space.
3. Is this a good investment property?
For a cash-focused investor, the low entry price and assessed value could translate to a favorable rental yield relative to the cost, and very low property taxes. However, potential maintenance costs on an 80-year-old home and the niche rental market for very small units must be considered.
4. How reliable are the sold price ranges shown?
The ranges are estimates based on public data. To obtain the exact historical sale price, you must request it via the provided email service, which manually confirms the figure from official records.
5. How does the lack of a basement or garage impact utility?
This significantly reduces storage space and potential for a traditional laundry setup or workshop area. It underscores the property's nature as a compact living solution and may necessitate creative use of the main floor space or an outbuilding solution.
