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.
Year Built
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” (Condos, 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.
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
104-550 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 18% | Bottom 24% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary
Key Characteristics & Appeal
This 900 sqft property at 104-550 Regent Avenue W is a condo unit in Winnipeg's Melrose neighbourhood, built in 2010. Its primary appeal lies in its strong standing within its immediate building and street context. It ranks in the top 2% on its street for both its year built and its assessed value ($22,500), indicating it is one of the newest and most valuable units in the building. The living space is also above average for the street. This suggests a well-maintained, modern unit in its specific complex.
However, the perspective shifts when compared to the broader Melrose area, where its size is below the local average, and city-wide, where its assessed value is just around the median. This creates a unique profile: a top-tier unit in its own building that offers modern, low-maintenance living, but within a more modest square footage. It would suit a first-time buyer, downsizer, or investor looking for a relatively newer condo with a strong value proposition within its own strata, who prioritizes modern building amenities over larger interior space. Its last known sale was between $200k-$250k in 2021.
Frequently Asked Questions
1. What does it mean that the assessed value is in the top 2% for the street?
This indicates that, among the 57 comparable properties on Regent Avenue W, this unit has the highest municipal assessed value. This often reflects factors like its condition, updates, or desirable placement within the building relative to its peers.
2. Is the living area of 900 sqft small for the area?
Compared to other homes in the broader Melrose area, yes, it is below the average. This is typical for a condo versus single-family homes. For the street itself, however, it is above average, suggesting the units in this building are generally compact and this one is on the larger side within the complex.
3. How current is the sale price information?
The last recorded sale is from 2021, with a price range provided. For the exact sale price, you must request it directly via the provided email service, as this data is manually verified from non-public sources.
4. What are the potential downsides of a high street-level assessment?
While a high assessment can indicate a premium unit, it may also correlate with higher property taxes relative to your immediate neighbours in the same building. It's wise to inquire about the current tax amount.
5. The data shows different rankings for street, area, and city. Which is most important?
All are relevant, but for condo living, the street/building ranking is often most critical as it directly compares you to your immediate neighbours who share the same building costs and amenities. The area and city rankings help gauge the property's positioning for broader resale value.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
