421 Belmont Avenue

Jefferson, Winnipeg

Property score

63.5

Fair

Overall 63.5 · Larger and newer than most nearby homes

1,223 sqft (top 22%) · Built in 1958 (10 yrs newer than avg)

Located in a above-average income area with median household income of ~73k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 schools, 2 shops, 2 parks, and 1 place of worship nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Above average

10 yrs newer 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

63.5 is composed by the two sections below.

Property Score

59.3Fair
Living Area66
1,223 sqftGood
Year Built43
1958Low
Lot Size60
4,970 sqftFair
Neighbourhood Sales Activity42
Low

Community Score

69.7Good
Household Income74
Good
Education Level44
Low
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health68
Good

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

above average
1,223 sqft
0255075100
Same streetTop 10%Same areaTop 22%CitywideTop 48%
Same street · Belmont Avenue
#21 / 221
Top 10% · Avg 904 sqft
Same area · Jefferson
#599 / 2,763
Top 22% · Avg 1,029 sqft
Citywide · Winnipeg
#93,296 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

Elite
364k
0255075100
Same streetTop 5%Same areaTop 5%CitywideTop 49%
Same street · Belmont Avenue
#10 / 221
Top 5% · Avg 261k
Same area · Jefferson
#137 / 2,763
Top 5% · Avg 282.9k
Citywide · Winnipeg
#95,199 / 194,458
Top 49% · Avg 390.1k

Year Built

above average
1958
0255075100
Same streetTop 13%Same areaTop 10%CitywideBottom 39%

Lot Size

above average
4,970 sqft
0255075100
Same streetTop 16%Same areaTop 45%CitywideBottom 43%

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

421 Belmont Avenue — 9 amenities found within 500 m, across 4 categories, including 4 education (nearest 353 m), 2 shopping (nearest 129 m), 2 parks (nearest 338 m).

Search radius
🏫Education4
🛒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 12/2021CA$350k–400k
Sold price

Same street

Top 4%

Same area

Top 4%

City-wide

Top 36%
Sold 6/2016CA$250k–300k
Sold price

Same street

Top 31%

Same area

Top 43%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 421 Belmont Avenue, Winnipeg

Property Overview: 421 Belmont Avenue, Winnipeg

Key Characteristics & Appeal

This well-maintained one-storey home on Belmont Avenue in the Jefferson neighbourhood offers a practical and value-conscious opportunity. Its primary appeal lies in its strong standing within its immediate area. The 1,223 sqft living space is notably above average for both the street and Jefferson, providing more room than many neighbouring homes. A key feature is the renovated basement, adding functional living space. The detached garage and a generous 4,970 sqft lot offer flexibility and outdoor potential.

The home’s assessed value is in the elite top 5% for its local context, which is a significant point for buyers focused on long-term value and stability within an established community. Built in 1958, it is a newer construction compared to many homes on the street, potentially suggesting fewer immediate concerns with aging infrastructure.

This property would suit first-time buyers or downsizers looking for a move-in-ready, single-level layout in a no-fuss neighbourhood. It’s also a sensible fit for value-driven investors or homeowners who prioritize above-average interior space and lot size for the area over a more central city location. A thoughtful perspective is that this home represents a "big fish in a small pond" – its metrics are strongest when compared to its direct neighbours, offering a relative premium in a modest setting.


Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home last sold in late 2021 for an estimated $37.5k-$40.5k, which was in the top 4% for the street at that time. The current assessed value of $36.4k continues this trend, ranking in the top 5% locally, indicating consistent, high relative value for the area.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and the nature of the renovation (e.g., cosmetic updates, structural, moisture management) to understand its condition and utility.

3. Is the lot size a advantage?
At nearly 5,000 sqft, the lot is above average for Belmont Avenue and Jefferson. This provides more private outdoor space than many nearby properties, allowing for gardening, expansion, or adding amenities like a shed or patio.

4. How does this home rank city-wide?
While its size and value are standout features locally, its metrics are closer to the Winnipeg average when compared city-wide. This highlights that its primary appeal is the superior value and space it offers within the Jefferson neighbourhood context.

5. What is the neighbourhood like?
Located in Jefferson, it's an established, no-frills residential area. The proximity to similar-valued homes on streets like Cathcart and Elmhurst Road suggests a consistent, stable property environment. The very short distances to neighbouring houses (14-35 meters) are typical for the area and indicate a close-knit street layout.