55.3
Fair
Property score
55.3
Fair
Overall 55.3
Larger but older than most nearby homes
1,240 sqft (top 14%)
Built in 1918 (29 yrs older than avg)
Located in a average-income area
with median household income of ~60k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 6 dining spots, 1 school, 2 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
27% larger than neighborhood avg.
Year Built
Below average
29 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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55.3 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
117 Pandora Avenue E — 12 amenities found within 500 m, across 5 categories, including 6 dining (nearest 150 m), 1 education (nearest 456 m), 2 parks (nearest 450 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 47% | Top 38% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 117 Pandora Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct profile defined by its above-average interior space within a historic, modestly valued package. Built in 1918, it offers 1,240 sqft of living area, which ranks within the top 17% of homes on its street and the top 14% within the Melrose area, indicating more spacious interiors than many nearby properties. However, this comes with a smaller, urban-sized lot of 3,241 sqft.
Its primary appeal lies in value and space efficiency. With a notably low assessed value ($26,800), it sits well below the Winnipeg city average, suggesting a potentially accessible entry point into the market. This creates an interesting dynamic: you get a home that feels larger than its neighbors on the inside, without the corresponding premium in its official valuation. It last sold in the $250k-$300k range in 2022.
This property would suit practical, value-conscious buyers such as first-time homeowners or investors looking for a character home with room to grow, who prioritize interior square footage over expansive outdoor land. It’s less suited for those seeking a modern build, a large yard, or for whom a very recent renovation history is a top priority.
Section 2: Frequently Asked Questions
1. What does the low assessed value mean for property taxes?
A lower assessed value typically results in lower municipal property taxes compared to homes with similar living space but higher assessments. This is a key financial advantage of this property.
2. As a 108-year-old home, what should I be prepared for?
While offering classic character, a home of this age will likely require diligent maintenance and potentially updates to major systems like wiring, plumbing, or insulation. A thorough pre-purchase inspection is essential.
3. The living area is above average, but the lot size is below average. What's the trade-off?
This indicates an efficient use of land, with the home occupying more of its parcel. It provides generous indoor space but limits expansive outdoor gardening, recreation, or addition potential. Privacy from neighbors may also be different than on a larger lot.
4. The sold price from 2022 is much higher than the assessed value. Why?
Assessed value is for municipal taxation and often lags behind the actual market value determined by buyer demand. The sale price reflects what a buyer was willing to pay in the open market at that time.
5. How meaningful are the "top percentile" rankings provided?
They are useful for context. For example, ranking in the top 14% for living area in Melrose confirms this home is genuinely spacious for the neighborhood. Conversely, rankings in the bottom 20-30% for year built and lot size clearly highlight its age and compact yard as defining characteristics.
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.
