Property score
42.3
Below average
Overall 42.3 · Smaller and older than most nearby homes
640 sqft (bottom 5%) · Built in 1945 (3 yrs older than avg)
Located in a above-average income area with median household income of ~73k
Transit 80.0 · 4-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
38% smaller than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 66%Tagalog · 13%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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42.3 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: #46110026
$73K
Median household income
$91K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
33%
Single-person households
28%
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
358 Belmont Avenue — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 288 m), 2 shopping (nearest 376 m), 3 parks (nearest 256 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 23% | Bottom 14% | Bottom 9% |
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 358 Belmont Avenue is a compact, post-war property built in 1945. Its key characteristic is its modest 640 sqft living area, which is notably smaller than most homes in the Jefferson neighbourhood and Winnipeg overall. However, it sits on a standard city lot of approximately 3,800 sqft and features a renovated basement and a detached garage. Its assessed value is relatively low compared to city averages, positioning it as an accessible entry point.
The appeal lies in its simplicity and potential. It suits a very specific buyer: a first-time purchaser, an investor, or someone looking to downsize into a manageable, no-frills home. The renovated basement adds functional space, and the decent-sized lot offers room for gardening or future expansion. For the right person, it represents a pragmatic opportunity to enter the market with lower upfront costs and property taxes, focusing on essentials over square footage. Its value is in what it allows—ownership in a stable neighbourhood without a premium price tag.
Frequently Asked Questions
1. Is the house too small for practical living?
At 640 sqft, the living space is compact. It would suit a single person, a couple, or someone comfortable with efficient, minimalist living. The renovated basement provides crucial additional utility or storage space.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home’s smaller size, age, and specific market position in its area. It’s actually around average for Belmont Avenue itself, indicating it’s priced in line with its immediate, similar peers.
3. What does the sold price history indicate?
The home last sold between late 2019 and early 2020 for an estimated $17.5k-$20.5k. This historical price, significantly lower than the current assessed value, highlights the property's trajectory and can provide context on market trends in the area.
4. What are the real costs and considerations of an older home like this?
While the basement is renovated, the core structure is 81 years old. Buyers should budget for potential updates to major aging components like plumbing, electrical, or the roof, which are common with homes of this era.
5. Is the detached garage a major benefit?
Yes, especially in Winnipeg. A detached garage provides secure vehicle storage and protection from winter weather, which is a significant practical advantage. It also offers additional workshop or storage space separate from the house.
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