Property score
51.5
Fair
Overall 51.5 · Smaller than most nearby homes
800 sqft (bottom 16%) · Built in 1963 (3 yrs older than avg)
Located in a high-income area with median household income of ~93k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 2%
Past 10 years Kildare-Redonda sales snapshot (~80% of all data)
722
355.5k
$372/sqft
1966
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51.5 is composed by the two sections below.
Property Score
Community Score
Kildare-Redonda
How to read: Share of sales in each ~$50k price band for “kildare-redonda” (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: #46110852
$93K
Median household income
$104K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
18%
Single-person households
27%
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
604 Melrose Avenue E — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 489 m), 1 parks (nearest 195 m).
Kildare-Redonda · WPS public data · 2026
Annual incidents
10
2026
vs. city avg
-66%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
40%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 16% | Top 27% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 800 sqft one-storey home at 604 Melrose Avenue E in Winnipeg's Kildare-Redonda neighbourhood presents a practical and affordable entry point into the market. Built in 1963, it sits on a 3,300 sqft lot and features a renovated basement and a detached garage. Its assessed value is notably modest compared to city-wide averages. The appeal here is rooted in value and simplicity: it’s a smaller, manageable property with recent updates below ground, suited for those who prioritize financial accessibility over square footage. It would particularly suit first-time buyers, downsizers looking to reduce maintenance, or investors seeking a straightforward rental property. A less obvious perspective is that its smaller living area and lot size, while below area averages, translate to lower utility costs and less yard work—a practical trade-off. Additionally, being newer than many homes on its street could mean fewer immediate major repairs.
Key Details & FAQs
1. What does the "renovated basement" include?
The listing notes a renovated basement but does not specify the scope. A buyer should inquire about the quality of the renovation, whether it includes a legal secondary suite or additional living space, and if permits were obtained.
2. How does the assessed value compare to likely market value?
The assessed value is significantly lower than typical Winnipeg home prices. It's crucial to understand that municipal assessments are for tax purposes and often differ from market value. Recent nearby sales and the home's condition will be the true determinants of price.
3. Is the smaller living area a concern?
At 800 sqft, the living area is compact. This is ideal for minimalists or those wanting to keep heating/cooling costs low, but may feel tight for a growing family or those needing dedicated home office space. The renovated basement could offset this if it provides usable space.
4. What is the neighbourhood like?
Kildare-Redonda is a mature neighbourhood. The property ranks in the middle tier for assessed value on its own street, suggesting it fits within a mix of modest, established homes. Researching local amenities, traffic patterns, and future development plans would be wise.
5. Why is there such a big difference between its assessed value and the city-wide average?
The city-wide average assessed value includes all property types and sizes across Winnipeg. This home's value is reflective of its smaller size, specific location, and the modest valuation of many properties in its immediate area, not necessarily an indication of something being wrong.
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