63.8
Fair
Property score
63.8
Fair
Overall 63.8
Newer than most nearby homes
1,132 sqft (top 31%)
Built in 1954 (6 yrs newer than avg)
Located in a above-average income area
with median household income of ~82k
Transit 82.0
2-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 · 58%Tagalog · 18%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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63.8 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: #46110027
$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
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
494 Belmont Avenue — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 172 m), 1 shopping (nearest 131 m), 2 parks (nearest 380 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 7% | Top 10% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 494 Belmont Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home in the Jefferson neighbourhood offers solid, above-average fundamentals for its immediate area. With 1,132 sqft of living space, it is notably larger than most comparable homes on Belmont Avenue. It sits on a generous 4,782 sqft lot, providing ample outdoor space that is a relative rarity for the street. A key modern update is the renovated basement, adding functional living space. The home’s assessed value consistently ranks above average for both the street and the wider Jefferson area, suggesting it is a well-regarded property in its locale.
Its primary appeal lies in being a spacious, grounded property in a mature neighbourhood. It suits practical buyers looking for a single-level layout, the potential of a finished basement, and a sizable yard without the premium of a newer subdivision. It’s a sensible choice for first-time homeowners, downsizers, or investors seeking a property with strong local fundamentals and a recent, verifiable sale history (March 2025).
A less obvious perspective is that its 1954 build year, while older, is actually newer than many homes on the street and in Jefferson, potentially meaning fewer immediate updates than peers. Its value proposition is deeply local—it shines in direct comparison to its closest neighbours rather than city-wide averages.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,132 sqft, the living area is larger than approximately 83% of similar homes on Belmont Avenue, making it a spaciously sized option for the street.
2. What is the significance of the assessed value ranking?
The assessed value ranks in the top 24% on its street and top 28% in Jefferson, indicating municipal assessment views it as a higher-value property relative to many direct comparables in the area.
3. Is the lot size a notable feature?
Yes. The lot of 4,782 sqft is in the top 20% for size on Belmont Avenue, offering more outdoor space than most neighbouring properties.
4. When was it last sold, and is the exact price available?
The home was sold in March 2025. The public data shows a sold price range. The exact, precise sale price can be requested directly from the listing source via email.
5. What are the less obvious considerations?
The home is older (built 1954) but is actually newer than the average home on its street. While it has a renovated basement, buyers should still consider the condition of core systems (roof, plumbing, electrical) typical of its age. Its value metrics are strongest within its immediate locale, not city-wide.
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