Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Pandora Avenue W): Above Average. Ranked #25 out of 135 (Top 19%). The street average for comparable homes is 1,262 sqft.
Neighborhood Level (Melrose): Above Average. Ranked #25 out of 234 (Top 11%). The neighborhood average for comparable homes is 1,126 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #2,594 out of 26,841 (Top 10%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Pandora Avenue W): Above Average. Ranked #14 out of 135 (Top 10%). The street average for comparable homes is 299.9k.
Neighborhood Level (Melrose): Above Average. Ranked #14 out of 234 (Top 6%). The neighborhood average for comparable homes is 274.0k.
Citywide Level (Winnipeg): Around Average. Ranked #6,355 out of 26,841 (Top 24%). The citywide average for comparable homes is 276.9k.
Street Level (Pandora Avenue W): Above Average. Ranked #1 out of 135 (Top 1%). The street average for comparable homes is 2013.
Neighborhood Level (Melrose): Above Average. Ranked #1 out of 234 (Top 0%). The neighborhood average for comparable homes is 2012.
Citywide Level (Winnipeg): Above Average. Ranked #5,253 out of 26,841 (Top 20%). The citywide average for comparable homes is 1990.
Melrose market pulse
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.
- 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
2-401 Pandora Avenue W — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 350 m).
Crime & safety
Waste collection schedule
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 2-401 Pandora Avenue W. No advertising. Data source details →
Related homes
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Is this home right for you?
Property Summary: 2-401 Pandora Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This condominium at 2-401 Pandora Avenue W in the Melrose neighbourhood presents a compelling blend of space, modernity, and value. Its key appeal lies in its above-average living area of 1,478 sqft, which places it comfortably within the top 10-20% of comparable homes across the city, area, and street. This makes it a notably spacious option for a condo. Built in 2014, it is a relatively modern property, ranking as "Elite" (top 1%) for its year of construction within its immediate area, suggesting lower immediate maintenance costs and contemporary building standards compared to many neighbours.
The assessed value is positioned around the average for the street and city, but above average for the Melrose area, indicating a stable valuation within its market. The property’s history shows appreciation, with its last sale in 2021 in the $300k-$350k range ranking higher than its 2019 sale. This unit would suit buyers looking for more interior space without moving to a detached home, and who value a newer build in an established neighbourhood. It’s a practical choice for professionals, small families, or downsizers seeking a low-maintenance lifestyle without sacrificing square footage. A less obvious perspective is that its "around average" assessed value on its street, combined with its top-tier size and age, could represent a relative value opportunity—you’re getting a newer, larger unit priced in line with older, smaller ones nearby.
Section 2: Frequently Asked Questions
1. How does this property’s size truly compare to others?
At 1,478 sqft, this unit is significantly larger than the average comparable home in Winnipeg (1,042 sqft), Melrose (1,126 sqft), and even on Pandora Avenue W itself (1,262 sqft). It offers space more typical of a townhouse or small detached home.
2. What does the "Elite" ranking for year built mean?
Built in 2014, this is one of the newest constructions on its street and in the Melrose area (top 1%). This generally implies newer major systems (roof, HVAC, windows), modern building codes, and potentially lower near-term repair costs.
3. Has the property’s value increased?
Based on available sold price ranges, the property appreciated between its 2019 sale ($200k-$250k) and its 2021 sale ($300k-$350k). Its current assessed value of $29,200 is consistent with this upward trend.
4. What are the monthly condo fees, and what do they cover?
This information is not provided in the public data. A prospective buyer must request the condo corporation’s financial statements, bylaws, and reserve fund study to understand the fee structure and included amenities (like snow removal, building insurance, etc.).
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request them directly via the "Get exact sold price history" feature on the listing page by providing your email. The service states it will provide the accurate figures manually without using your email for unsolicited marketing.