44.3
Below average
Property score
44.3
Below average
Overall 44.3
Older than most nearby homes
840 sqft (bottom 35%)
Built in 1908 (39 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, 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
Below average
14% smaller than neighborhood avg.
Year Built
Below average
39 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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44.3 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
125 Pandora Avenue E — 12 amenities found within 500 m, across 5 categories, including 6 dining (nearest 189 m), 1 education (nearest 460 m), 2 parks (nearest 472 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 37% | Bottom 49% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 125 Pandora Avenue E is a character property defined by its history and its land. Built in 1908, it is notably one of the oldest homes on its street and in the Melrose area. With 840 sqft of living space, the house itself is compact, smaller than both the local and city-wide averages. However, it sits on a generous 4,801 sqft lot, which is larger than most in the Melrose area. The assessed value is significantly below average at $18,100, reflecting its age and modest improvements relative to the market.
Its appeal lies in its potential and location. The large lot for the area presents opportunities for expansion, gardening, or future development, offering a tangible asset that newer infill properties often lack. It suits a specific type of buyer: a hands-on individual or investor looking for a character home with land to shape over time, who values lower property taxes due to the low assessment, and who is prepared for the maintenance and updating that comes with a century-old structure. It is less suited for those seeking a modern, move-in-ready standard home.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sold price range?
The sold price (estimated $200k-$250k in 2024) reflects the current market value between a buyer and seller. The much lower municipal assessment is typically based on older market data and the property's physical characteristics, which for an older, smaller home results in a lower valuation for tax purposes.
2. What does the "top percentage" ranking mean for Year Built?
Rankings like "Top 100%" for Year Built indicate this is the oldest property in the comparison group. In this context, a 100% rank means 100% of comparable homes are newer, placing this 1908-built home at the very bottom of that list for modern age.
3. Is the large lot size a major advantage?
Potentially, yes. The lot is above average for the Melrose area. This provides more outdoor space and could offer future flexibility, such as adding an addition (subject to zoning) or creating a substantial garden, which is uncommon in more densely built neighbourhoods.
4. What should I consider with a home from 1908?
Prospective buyers should budget for and investigate the condition of major aging components like the foundation, plumbing, electrical systems, and roof. While it offers charm, the maintenance and upgrade costs for a 118-year-old structure will be different from those for a newer home.
5. How reliable are the "sold price" estimates shown?
The price ranges provided are based on available public data, but some transactions may not be captured or may be estimated. For the exact, verified sold price, you need to request it directly via the provided email service, as the listing source maintains that database separately.
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