53.9
Fair
Property score
53.9
Fair
Overall 53.9
Larger than most nearby homes
1,073 sqft (top 28%)
Built in 1945 (2 yrs older than avg)
Located in a average-income area
with median household income of ~60k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 6 dining spots, 1 school, 3 parks, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
10% larger than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 79%Tagalog · 6%
Past 10 years Melrose sales snapshot (~80% of all data)
259
212.8k
$256/sqft
1947
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53.9 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” (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: #46110836
$60K
Median household income
$68K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
45%
Single-person households
16%
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
114 Melrose Avenue E — 14 amenities found within 500 m, across 5 categories, including 6 dining (nearest 149 m), 1 education (nearest 415 m), 3 parks (nearest 443 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 | Bottom 15% | Bottom 17% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 114 Melrose Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This home, built in 1945, presents a classic Winnipeg character property with a practical layout. Its key appeal lies in offering more space than many comparable homes in the immediate area. With 1,073 square feet of living area, it ranks in the top 29% on its own street and top 28% in the broader Melrose area, meaning it provides above-average interior space for the neighbourhood. The lot size of 4,786 square feet is also generous for the area, offering ample outdoor space.
The property’s assessed value is notably below the city-wide average, which can indicate a different value proposition. This combination—more house and land for the dollar in its local context—creates a distinct profile. It would suit a buyer looking for a character home with room to grow or garden, who is mindful of value within a specific neighbourhood rather than city-wide comparisons. It’s a practical choice for someone prioritizing interior and yard space over a newer build or a premium city-wide assessment.
Section 2: Frequently Asked Questions
1. Why is the assessed value below average if the living space is above average?
Assessment values are based on a mass appraisal system considering many factors, including age, condition, and recent sales in the area. An older home (1945) with a lower assessment can sometimes reflect its original character and potential updating needs, not just its square footage.
2. How significant is the home's age (81 years)?
As a 1945 build, major systems like plumbing, electrical, and the roof may be original or have undergone various updates. A thorough inspection is essential to understand the condition and any required investments, which is typical for homes of this era.
3. What does the sold price history range (CA$150k–200k in 2016) tell me?
This provides a historical benchmark, but the market has evolved significantly since 2016. It’s most useful for understanding past value trends rather than determining current market price, which should be based on recent comparable sales.
4. The lot is larger than average for the area. What are the implications?
A larger lot (4,786 sq ft) offers more privacy, gardening space, or outdoor living potential than neighbours on standard lots. It may also provide future flexibility, though local zoning bylaws would dictate any development potential.
5. How reliable are the "top percentile" rankings provided?
These rankings are a helpful, data-driven tool to compare this home against specific groups (street, area, city) for metrics like size and value. They offer objective context, showing where this property stands relative to its peers, which is invaluable for neighbourhood-specific comparison.
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.
