Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Pandora Avenue W): Below Average. Ranked #151 out of 168 (Bottom 10%). The street average for comparable homes is 1,005 sqft.
Neighborhood Level (Melrose): Below Average. Ranked #496 out of 557 (Bottom 11%). The neighborhood average for comparable homes is 973 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #186,513 out of 194,457 (Bottom 4%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Pandora Avenue W): Below Average. Ranked #149 out of 168 (Bottom 11%). The street average for comparable homes is 327.0k.
Neighborhood Level (Melrose): Below Average. Ranked #459 out of 557 (Bottom 18%). The neighborhood average for comparable homes is 289.1k.
Citywide Level (Winnipeg): Below Average. Ranked #178,470 out of 194,455 (Bottom 8%). The citywide average for comparable homes is 435.4k.
Street Level (Pandora Avenue W): Below Average. Ranked #125 out of 168 (Bottom 26%). The street average for comparable homes is 1957.
Neighborhood Level (Melrose): Below Average. Ranked #316 out of 557 (Bottom 43%). The neighborhood average for comparable homes is 1947.
Citywide Level (Winnipeg): Below Average. Ranked #150,040 out of 194,457 (Bottom 23%). The citywide average for comparable homes is 1966.
Street Level (Pandora Avenue W): Around Average. Ranked #84 out of 168 (Top 50%). The street average for comparable homes is 5,878 sqft.
Neighborhood Level (Melrose): Above Average. Ranked #60 out of 557 (Top 11%). The neighborhood average for comparable homes is 4,166 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #75,171 out of 194,457 (Top 39%). The citywide average for comparable homes is 6,570 sqft.
Melrose market pulse
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.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
129 Pandora Avenue W — 13 amenities found within 500 m, across 5 categories, including 6 dining (nearest 76 m), 1 education (nearest 495 m), 1 parks (nearest 227 m).
Crime & safety
Waste collection schedule
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Similar assessed value
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Is this home right for you?
Property Overview: 129 Pandora Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct profile defined by its modest scale and significant lot size. At 704 sqft, the living space is notably compact, ranking in the bottom 10% for size both on its street and within the wider city. Built in 1946, it is an older home that may require updates. The primary financial characteristic is its low assessed value of $21,700, which is significantly below city averages.
The appeal lies in its substantial 5,710 sqft lot, which is well above average for the Melrose area, offering valuable outdoor space and potential. This creates a unique value proposition: a very low entry price for a property with a generous land footprint in Winnipeg. It last sold in the $200k-$250k range in 2022.
This property would best suit a specific type of buyer: a hands-on individual or investor looking for a land-value opportunity. It’s a potential fit for someone planning a major renovation, an addition to capitalize on the lot size, or even a future rebuild. It could also appeal to a minimalist buyer seeking extreme affordability who values private outdoor space over interior square footage. It is not suited for those seeking a move-in-ready or spacious home without renovation plans.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the last sold price?
Assessed value for municipal tax purposes often lags behind market value, especially in a changing market. The 2022 sale price reflects what a buyer was willing to pay at that time, while the assessment is an administrative valuation that may not capture recent market shifts or specific property conditions.
2. What does the large lot size mean for me?
The above-average lot is the property's standout feature. It provides ample yard space, greater privacy from neighbors, and increased potential for landscaping, gardening, or adding structures like a garage or shed. In the long term, it may also offer redevelopment potential.
3. As an older, smaller home, what should I budget for?
Prospective buyers should prioritize a thorough inspection. Given the age (80 years), key systems like plumbing, electrical, roofing, and insulation may need evaluation or upgrading. The compact size also means any renovation will require efficient space planning.
4. How does this property compare to others nearby?
The data shows it’s smaller and older than most homes on its street. However, its lot is larger than most in the broader Melrose area. This indicates the neighborhood typically has homes with more interior space, so this property offers a different kind of value based on its land.
5. How can I find out the exact past sale price?
The provided sale price is a public record range. As noted on the detail page, you can request the exact figure by emailing the listing service. They provide this data manually and state they do not use contact information for unsolicited marketing.