390 Belmont Avenue

Jefferson, Winnipeg

Property score

41.7

Below average

Overall 41.7 · Smaller and older than most nearby homes

756 sqft (bottom 19%) · Built in 1910 (38 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, 2 parks, and 1 place of worship nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

38 yrs older than neighborhood avg.

Mother tongue

English · 66%Tagalog · 13%

Past 10 years Jefferson sales snapshot (~80% of all data)

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

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Property score

41.7 is composed by the two sections below.

Property Score

23.0Low
Living Area756 sqft22Low
Year Built191010Low
Lot Size3,003 sqft38Low
Neighbourhood Sales Activity42Low

Community Score

69.7Good
Household Income74Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health68Good

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: #46110026

Community deep dive

$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

Population, labour & age

Population (2021)589
Labour force participation rate58%
Median age38.8
Avg household size2.6
Unemployment rate0%
Population density4207 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households33%
Couple families with children28%
Median household income (2020)$73K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority31%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 12%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
756 sqft
0255075100
Same streetBottom 35%Same areaBottom 19%CitywideBottom 7%
Same street · Belmont Avenue
#143 / 221
Bottom 35% · Avg 904 sqft
Same area · Jefferson
#2,247 / 2,763
Bottom 19% · Avg 1,029 sqft
Citywide · Winnipeg
#181,628 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

below average
207k
0255075100
Same streetBottom 21%Same areaBottom 10%CitywideBottom 9%
Same street · Belmont Avenue
#175 / 221
Bottom 21% · Avg 261k
Same area · Jefferson
#2,489 / 2,763
Bottom 10% · Avg 282.9k
Citywide · Winnipeg
#176,560 / 194,458
Bottom 9% · Avg 390.1k

Year Built

below average
1910
0255075100
Same streetBottom 1%Same areaBottom 2%CitywideBottom 6%

Lot Size

below average
3,003 sqft
0255075100
Same streetBottom 15%Same areaBottom 8%CitywideBottom 11%

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

390 Belmont Avenue — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 273 m), 2 shopping (nearest 276 m), 2 parks (nearest 296 m).

Search radius
🏫Education3
🛒Shopping2
🌳Parks2
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 10/2024CA$200k–250k
Sold price

Same street

Bottom 32%

Same area

Bottom 20%

City-wide

Bottom 12%
Sold 4/2019CA$150k–200k
Sold price

Same street

Bottom 5%

Same area

Bottom 4%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 390 Belmont Avenue, Winnipeg

Property Summary: 390 Belmont Avenue

Section 1: Key Characteristics & Appeal

This one-storey home on Belmont Avenue is a classic, no-frills property that presents a clear value proposition. Its key characteristic is its modest scale, with 756 sqft of living space and an unrenovated basement, situated on a standard 3,003 sqft lot in the Jefferson neighbourhood. Built in 1910, it is notably older than most area homes.

The primary appeal lies in its affordability and potential. With a consistently low assessed value and recent sold prices reflecting a very accessible entry point into the Winnipeg market, it stands out as a genuine starter home or investment property. It suits practical, hands-on buyers: first-time purchasers comfortable with a home that may require gradual updates, or investors looking for a straightforward rental property with lower upfront costs. A less obvious perspective is that its older age, while requiring attention, offers a tangible connection to the city's architectural history that newer homes cannot replicate. Its smaller size and lot also translate to lower utility and maintenance burdens compared to larger, average-sized homes in the city.

Section 2: Frequently Asked Questions

1. Is this a "fixer-upper"?
The listing notes an unrenovated basement, and the home's age (1910) suggests that core systems like plumbing, wiring, or the foundation may require inspection and potential updating. It is likely suited for someone with renovation plans or a tolerance for incremental improvement.

2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's modest size, older age, and likely its condition relative to the broader market. It is consistent with values on its own street and in the Jefferson area, indicating it is priced for its specific local context rather than city-wide trends.

3. What is the neighbourhood like?
The property is in Jefferson. The provided data compares it statistically to area averages but does not detail amenities, schools, or noise levels. A personal visit or neighbourhood-specific research would be necessary to gauge its character and convenience.

4. How reliable are the sold price ranges shown?
The site states these ranges are based on public data and may be incomplete. They provide a general market trend—showing significant appreciation between 2019 and 2024—but for an exact sale price, you must request the information directly from the site via email.

5. Are there any obvious advantages to the lot or location?
The lot is smaller than area averages, so expansive outdoor space isn't a key feature. The potential advantage is its established location on a street with very similar, closely spaced homes, which can offer neighbourhood stability. Its proximity to adjacent properties (like 388 and 394 Belmont within 11 meters) suggests a tight-knit street layout.

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