Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Pandora Avenue W): Above Average. Ranked #25 out of 135 (Top 19%). The street average for comparable homes is 1,262 sqft.
Neighborhood Level (Melrose): Above Average. Ranked #25 out of 234 (Top 11%). The neighborhood average for comparable homes is 1,126 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #2,594 out of 26,841 (Top 10%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Pandora Avenue W): Above Average. Ranked #27 out of 135 (Top 20%). The street average for comparable homes is 299.9k.
Neighborhood Level (Melrose): Above Average. Ranked #27 out of 234 (Top 12%). The neighborhood average for comparable homes is 274.0k.
Citywide Level (Winnipeg): Around Average. Ranked #6,816 out of 26,841 (Top 25%). The citywide average for comparable homes is 276.9k.
Street Level (Pandora Avenue W): Above Average. Ranked #1 out of 135 (Top 1%). The street average for comparable homes is 2013.
Neighborhood Level (Melrose): Above Average. Ranked #1 out of 234 (Top 0%). The neighborhood average for comparable homes is 2012.
Citywide Level (Winnipeg): Above Average. Ranked #5,253 out of 26,841 (Top 20%). The citywide average for comparable homes is 1990.
Melrose market pulse
How to read: Share of sales in each ~$50k price band for “melrose” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
1-401 Pandora Avenue W — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 350 m).
Crime & safety
Waste collection schedule
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 1-401 Pandora Avenue W. No advertising. Data source details →
Related homes
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Address · Year Built · Living Area
Nearby properties
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 1-401 Pandora Avenue W, Winnipeg
Key Characteristics & Appeal
This is a well-sized, modern condominium in Winnipeg's Melrose neighbourhood. Built in 2014, its primary appeal lies in its contemporary construction and spacious floor plan. At 1,478 sqft, the living area is notably larger than most comparable homes in the immediate area, the broader Melrose community, and even city-wide, placing it within the top 10-20% for space. Its assessed value is generally in line with or slightly above local averages.
The property suits buyers seeking a move-in-ready home from this century without the maintenance concerns of an older build. It’s a practical choice for those who prioritize interior space and modern infrastructure over a premium lot location, as the value is anchored more in the unit itself than in land value. The data suggests it offers a balance: you get significantly more square footage than the norm for a valuation that is competitive within its market.
Frequently Asked Questions
1. How does this property compare to others on the street?
It is one of the newest builds on Pandora Avenue W (ranked 1st of 135 for year built) and offers more living space than the street average (top 19%). Its assessed value is around the street's median.
2. What are the typical maintenance fees for a building of this age?
The provided data does not include condo fee information. This is a critical point to investigate directly, as fees for a 2014 build can vary significantly based on the building's reserve fund and included amenities.
3. Why is the assessed value not in the top tier if the living area and age are?
Assessed value considers multiple factors, including the unit type (condominium), location, and market conditions. The data indicates you are paying primarily for the modern, spacious unit itself rather than an elite location or land value.
4. Can I get the exact historical sale price?
The public data shows a sale in the $300k-$350k range in 2023. The listing service offers to provide the exact sold price via a manual email request at no cost, with a promise of no marketing spam.
5. What does the "Elite" ranking for year built mean practically?
In this context, "Elite" (top 1%) means it is among the very newest properties in the Melrose area. For a buyer, this typically translates to newer major systems (roof, HVAC, windows) and potentially more contemporary building codes and materials, which can mean lower immediate repair costs.