482 Belmont Avenue

Jefferson, Winnipeg

Property score

60.9

Fair

Overall 60.9 · Newer than most nearby homes

1,063 sqft (top 40%) · Built in 1954 (6 yrs newer than avg)

Located in a above-average income area with median household income of ~82k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 shop, 3 parks, and 1 place of worship nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 58%Tagalog · 18%

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

60.9 is composed by the two sections below.

Property Score

49.5Low
Living Area52
1,063 sqftFair
Year Built36
1954Low
Lot Size60
4,980 sqftFair
Neighbourhood Sales Activity42
Low

Community Score

78.0Good
Household Income77
Good
Education Level72
Good
Housing Stress83
Excellent
Core Housing Need100
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: #46110027

Community deep dive

$82K

Median household income

$95K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

30%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)591
Labour force participation rate72%
Median age40.0
Avg household size2.5
Unemployment rate16%
Population density3283 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households30%
Couple families with children26%
Median household income (2020)$82K

Housing

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

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority44%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 58%
Mother tongue (2nd)Tagalog · 17%

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

Rankings

Living Area

above average
1,063 sqft
0255075100
Same streetTop 26%Same areaTop 40%CitywideBottom 35%
Same street · Belmont Avenue
#58 / 221
Top 26% · Avg 904 sqft
Same area · Jefferson
#1,101 / 2,763
Top 40% · Avg 1,029 sqft
Citywide · Winnipeg
#126,657 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
310k
0255075100
Same streetTop 20%Same areaTop 26%CitywideBottom 32%
Same street · Belmont Avenue
#44 / 221
Top 20% · Avg 261k
Same area · Jefferson
#731 / 2,763
Top 26% · Avg 282.9k
Citywide · Winnipeg
#131,753 / 194,458
Bottom 32% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 24%Same areaTop 19%CitywideBottom 33%

Lot Size

above average
4,980 sqft
0255075100
Same streetTop 11%Same areaTop 44%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

482 Belmont Avenue — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 214 m), 1 shopping (nearest 91 m), 3 parks (nearest 425 m).

Search radius
🏫Education2
🛒Shopping1
🌳Parks3
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 2/2021CA$250k–300k
Sold price

Same street

Top 26%

Same area

Top 38%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 482 Belmont Avenue, Winnipeg

Property Overview: 482 Belmont Avenue, Winnipeg

Key Characteristics & Appeal

This well-positioned one-storey home in Jefferson presents a solid, grounded opportunity. Its primary appeal lies in offering above-average space and value within its immediate neighborhood context. With 1,063 sqft of living area, it ranks in the top 26% for size on Belmont Avenue, providing more room than many nearby homes. The renovated basement adds functional, modernized space. A key, less obvious asset is the generous 4,980 sqft lot, which places it in the top 11% on its street for land area, offering valuable outdoor space and potential in a city where lot sizes are often smaller.

The home suits practical buyers looking for a move-in-ready foundation with room to grow. It’s ideal for first-time homeowners seeking a step above a starter home in terms of interior and land size, or for downsizers who want single-level living without sacrificing yard space. Its assessed value of $310k ranks above average for both the street and the Jefferson area, suggesting a perception of solid worth. Built in 1954, it is newer than many neighboring houses, which may imply fewer immediate concerns with aging infrastructure. The lack of a garage is a trade-off for the larger lot.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
Based on public data, it last sold in February 2021 for an estimated range of $255k-$285k. Its current assessed value of $310k is above average for the local area, indicating a rise in valuation.

2. What does "above average for the street" really mean for living here?
It means that compared to most homes directly on Belmont Avenue, you’re getting more living space, a larger lot, and a newer build. This can offer a sense of relative value and comfort within the familiar setting of the neighborhood.

3. Is the lack of a garage a significant drawback?
That depends on your lifestyle. The property compensates with a very large lot (nearly 5,000 sqft), which provides ample space for parking, a future garage, sheds, or landscaping. For some, this trade-off offers more long-term flexibility.

4. What is the significance of the renovated basement?
A renovated basement in a 1954 home adds immediate, functional living space without the need for a project. It effectively increases the usable square footage, making the home feel larger than its main-floor footprint suggests.

5. Who typically buys in this area?
Jefferson attracts a mix of first-time homebuyers, young families, and long-term residents. This particular property, with its single-level layout and manageable size, could appeal to both young buyers and those looking to downsize while staying in the community.