53.0
Fair
Property score
53.0
Fair
Overall 53.0
Newer than most nearby homes
900 sqft (bottom 36%)
Built in 1955 (7 yrs newer than avg)
Located in a above-average income area
with median household income of ~85k
Transit 74.0
3-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
Below average
13% smaller than neighborhood avg.
Year Built
Above average
7 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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53.0 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
526 Belmont Avenue — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 80 m), 1 shopping (nearest 252 m), 2 parks (nearest 258 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 5% | Top 7% | Top 41% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 47% | Bottom 39% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 526 Belmont Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Jefferson presents a compelling blend of space, value, and potential. Its key characteristics include a renovated basement, a detached garage, and a generous lot size that ranks well above average for its immediate street and neighbourhood. Built in 1955, it is a newer home compared to many in the area. The 900 sqft living area is typical for Belmont Avenue, offering comfortable, manageable space.
The primary appeal lies in its standout value proposition within its local context. The home’s assessed value places it in the top tier (top 5-6%) for both its street and the wider Jefferson area, suggesting it is a high-value property relative to its direct peers. This, combined with the above-average land area, indicates a property with a strong foundational value, where the investment is weighted more toward the land and location than sheer square footage. It would particularly suit first-time buyers, downsizers, or value-focused investors seeking an established home in a mature neighbourhood without a premium price tag. The renovated basement adds immediate functional living space, appealing to those looking for a move-in-ready property or one with rental potential.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home last sold in 2021 for an estimated $35.5k–$38.5k, which aligns closely with its current assessed value of $35.70k. This consistency suggests a stable valuation in the local market.
2. Is the living space sufficient for a growing family?
At 900 sqft, the living area is average for the street but below the city-wide average. It is best suited for individuals, couples, or small families. The renovated basement, however, provides crucial additional space for recreation, office, or guest use.
3. What does the "above-average" land area mean for me?
With a lot just under 5,000 sqft, you have more outdoor space than most neighbours on Belmont Avenue. This allows greater potential for gardening, expansions, or adding outdoor living features like a deck or shed.
4. The home is older. What should I consider?
While built in 1955 (newer than many area homes), a standard home inspection is essential. Focus on the condition of major systems (roof, foundation, plumbing, electrical) that are typical for the era, as well as the quality and permits for the basement renovation.
5. Why is the assessed value so high compared to similar homes on the street?
Assessed value considers multiple factors. Its high ranking suggests that, compared to other homes on Belmont Avenue, this property likely benefits from a combination of its larger lot, newer construction date, renovated condition, and the recent sale price history, making it a premium offering on the block.
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