Property score
61.0
Fair
Overall 61.0 · Smaller and older than most nearby homes
900 sqft (bottom 26%) · Built in 2010 (2 yrs older than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 bank/ATM nearby
Living Area
Below average
20% smaller than neighborhood avg.
Taon ng Paggawa
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 74%Tagalog · 9%
Past 10 years Melrose sales snapshot (~80% of all data)
178
257.5k
$259/sqft
2012
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61.0 is composed by the two sections below.
Property Score
Community Score
Melrose
How to read: Share of sales in each ~$50k price band for “melrose” (Mga 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: #46110823
$74K
Median household income
$79K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
32%
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.
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
101-550 Regent Avenue W — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 485 m), 1 education (nearest 423 m), 2 parks (nearest 368 m).
Melrose · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
60%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Top 26% | Bottom 12% | Bottom 33% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 101-550 Regent Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This 900 sqft property, built in 2010, is a condo unit in the Melrose neighbourhood. Its primary appeal lies in its strong standing within its immediate building and street context. On Regent Avenue West, it ranks in the top 16% for both living area and assessed value, meaning it is notably larger and has a higher municipal assessment than most comparable units on the same street. Most strikingly, it is the newest building on its street, ranking in the top 2%.
The appeal is nuanced. While the unit feels spacious and modern compared to its direct neighbours, it is smaller and has a lower assessed value than the average for the broader Melrose area. This creates a specific value proposition: you are acquiring a relatively newer, well-sized unit in a building that outpaces its immediate peers, but within a neighbourhood that includes larger, potentially higher-value properties.
This profile would suit a pragmatic buyer looking for a well-maintained, modern condo without a premium price tag. It’s ideal for a first-time buyer or an investor seeking a unit that stands out positively on its street—a factor that can contribute to stability and desirability. The data suggests a buyer who values concrete comparisons over area-wide averages.
Section 2: Frequently Asked Questions
1. What does its "top 2%" ranking for year built on its street mean?
It means this is the newest building among the 57 comparable properties on Regent Avenue West. This typically suggests newer building systems, potentially lower immediate maintenance costs, and modern construction standards compared to its direct neighbours.
2. If it's above average on its street, why is it below average for the Melrose area?
The Melrose area includes a wider variety of properties. While this unit is larger and newer than most on its block, the area average includes many larger or differently configured homes, pulling the area's average living area and value higher.
3. How reliable is the assessed value for determining market price?
Municipal assessed value is used for calculating property taxes and is not a direct market appraisal. It can be a benchmark, but the actual sale price is determined by current market conditions. The sold price range from 2019 ($150k-$200k) is a more relevant, though historical, data point.
4. Who would I be sharing the building with?
The listing shows several other units at 550 Regent Avenue W (e.g., 102, 103, 104, 201, 204). This indicates a multi-unit condo building. Researching the condo corporation's financial health and rules would be an essential next step.
5. How can I get the exact historical sale price?
The exact sale price is not publicly displayed. As noted, you must email the listing service to request it manually. They state they do not use email addresses for marketing and aim to provide the figure by the end of the same day.
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