59.5
Fair
Property score
59.5
Fair
Overall 59.5
Newer than most nearby homes
1,118 sqft (top 32%)
Built in 1954 (6 yrs newer than avg)
Located in a above-average income area
with median household income of ~85k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, 1 shop, 3 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
9% 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
491 Belmont Avenue — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 170 m), 1 shopping (nearest 108 m), 3 parks (nearest 387 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 | Top 8% | Top 13% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 491 Belmont Avenue, Winnipeg
Key Characteristics & Appeal
This well-positioned one-storey home at 491 Belmont Avenue in the Jefferson neighbourhood presents a solid, above-average offering within its immediate context. Its primary appeal lies in its strong local standing, offering more space and value than many neighbouring homes. With 1,118 sqft of living area and a 4,680 sqft lot, it ranks in the top 22-32% on Belmont Avenue for size, providing a sense of space that is notable for the street. The home, built in 1954, is newer than many in the Jefferson area, and its assessed value of $310k is consistently above average for both the street and the wider neighbourhood.
The appeal is grounded in value and stability. It suits practical buyers looking for a home that outperforms its direct peers without the premium of a brand-new build. The renovated basement adds functional living space. It’s an ideal match for first-time homeowners seeking a step up from a starter home, or for downsizers who want a manageable single-level layout without compromising on lot size or neighbourhood stature. A thoughtful perspective is that this property represents a "local standout"—it may not lead city-wide metrics, but within its community, it offers a compelling combination of space, modern updates (in the basement), and valuation that suggests a well-maintained asset.
Frequently Asked Questions
1. How does this home truly compare to others in Winnipeg?
While its living area and lot size are around the city-wide average, this home shines in its local context. On its own street and in the Jefferson neighbourhood, it consistently ranks above average in size, value, and year built, meaning it likely offers more for your money compared to immediate neighbours.
2. What does the sold price history indicate?
Public records show it last sold in August 2022 for an estimated range of $32.50k to $35.50k. The significant increase to its current $310k assessment likely reflects major improvements (like the basement renovation) and strong market movement. For the exact historical sold price, you can request details via email from the listing source.
3. Who would this property suit best?
It’s an excellent fit for buyers who prioritize value within a specific community over a flashy, city-leading property. It offers the space and updates needed for comfortable living while standing out positively on its block. It’s particularly suited for those who want a single-level home with a generous lot.
4. Is the detached garage a convenience or a drawback?
This depends on lifestyle. A detached garage provides flexible space separate from the house, which can be ideal for a workshop or project space. However, it means navigating outdoors to access your vehicle, which is a consideration during Winnipeg winters.
5. The home is older; what should I consider?
Built in 1954, the home is newer than many in Jefferson. While the basement has been renovated, a standard inspection is crucial to understand the condition of major systems (roof, plumbing, electrical) common to homes of this era, and to confirm the scope and quality of the renovations done.
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