Property score
37.1
Below average
Overall 37.1 · Smaller and older than most nearby homes
440 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
57% 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
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
Free · No credit card required
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
355 Belmont Avenue — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 313 m), 2 shopping (nearest 406 m), 3 parks (nearest 295 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 1% |
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 355 Belmont Avenue is a notably compact and affordable property in Winnipeg's Jefferson neighborhood. Its key characteristic is its size: at 440 square feet of living space, it is among the smallest homes in the city. Built in 1946, it sits on a standard lot for the immediate area and features a detached garage. The primary appeal lies in its exceptionally low financial barrier to entry, reflected in its assessed value, which is a fraction of the city-wide average. This is a property defined by practicality and potential rather than immediate move-in readiness or space.
It would suit a specific type of buyer: an investor looking for a straightforward rental opportunity, a hands-on individual seeking an ultra-affordable entry into homeownership with plans to renovate or expand, or someone needing a minimal-footprint residence close to the city. Its value proposition is rooted in land ownership and location at a very low cost, presenting a clear "fixer-upper" or strategic investment scenario.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is closely tied to the home's very small size (440 sq ft) and likely its condition and features. It is assessed comparably to other very modest homes in the city, not to average-sized family houses.
2. Is this a "tiny home"?
While its living area is comparable to some modern tiny homes, this is a traditional, older house on its own lot. It offers the permanence and zoning of a standard residential property, which differs from many movable tiny home setups.
3. What would the monthly costs be like?
Property taxes would be very low due to the low assessment. Utility and maintenance costs could also be minimal given the small space, though costs will depend on the condition of major systems like heating, roof, and wiring.
4. Is there potential to expand the living space?
The lot size is standard for the street, so there may be physical space to consider an addition or a significant renovation to increase square footage, subject to city zoning and building permits.
5. The last sold price range seems close to the assessed value. Is that accurate?
For unique, very small, or fixer-upper properties, the sale price often aligns more closely with the assessed value than with area averages for typical homes. The 2017 sale price suggests it has been consistently valued as a land-value proposition with a minimal structure.
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.
