59.5
Fair
Property score
59.5
Fair
Overall 59.5
Newer than most nearby homes
1,134 sqft (top 31%)
Built in 1954 (6 yrs newer than avg)
Located in a above-average income area
with median household income of ~85k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 2 schools, 1 shop, 2 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
10% larger than neighborhood avg.
Year Built
Above average
6 yrs newer than neighborhood avg.
Mother tongue
English · 64%Tagalog · 15%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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59.5 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: #46110012
$85K
Median household income
$100K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
26%
Single-person households
26%
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
479 Belmont Avenue — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 212 m), 1 shopping (nearest 66 m), 2 parks (nearest 429 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 41% | Bottom 31% | Bottom 17% |
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 479 Belmont Avenue in Winnipeg's Jefferson neighbourhood presents a solid, renovated living space on a generous lot. Its key characteristics include 1,134 sqft of living area, a renovated basement, a detached garage, and a notably large 4,878 sqft lot for the area. Built in 1954, the home is newer than many in its immediate vicinity.
The appeal lies in its above-average positioning within its local context. Compared to other homes on Belmont Avenue and in the Jefferson area, it ranks consistently well for living space, lot size, and year built, offering more modern and spacious accommodations than the neighbourhood average. The renovated basement adds immediate functional living space without the need for a project. The large lot is a significant asset, providing ample outdoor space and potential for gardening, expansion, or simply more privacy than typical area properties.
This home would suit first-time buyers or downsizers looking for a manageable single-level layout with move-in-ready updates. It’s also a practical choice for value-conscious buyers seeking a property that stands out positively against its direct neighbours in terms of space and condition, without the premium of a brand-new build.
Frequently Asked Questions
1. How does this home actually compare to others nearby?
The data shows this property consistently outperforms averages on its own street and in the Jefferson area. For example, its living area is in the top 16% on Belmont Avenue, and its lot size is in the top 18%. This suggests you're getting a more spacious and newer home (1954) than is typical for this specific location.
2. What does the assessed value tell me?
The assessed value of $30,300k is a municipal figure for tax purposes and is not a market price. Its ranking (top 27% on the street) indicates the city assesses it as more valuable than most comparable homes nearby, which can be a positive signal, but market conditions ultimately determine sale price.
3. Is the basement renovation a full legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify the permits and compliance of the renovation to understand its legal status and potential for rental income.
4. What is the significance of the large lot size?
At nearly 5,000 sqft, the lot is a standout feature. In established neighbourhoods, larger lots offer more outdoor space, better potential for additions or landscaping, and often contribute to long-term value as they become increasingly rare.
5. Where can I find the exact historical sale prices?
The listed sale price ranges are estimates from public data. The seller provides a service to obtain the exact sale price history by email request, which they fulfill manually without using the contact for unsolicited marketing.
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