2-401 Pandora Avenue W

Built 2014Living Area 1,478 sqft
Sale History
SOLDin Oct 2021
310K±5,0002yr +29.2%
Tax Assessment
350k(prev. 292k)
+58k(+19.9%)
DateSold PriceNeighbourhood
2021-10Sold310K±5,0002/39
2019-10Sold240K±5,0004/19

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Above average1,478 sqft · top 11% in area · built 2014 · 2 yrs newer than avg
$
High-income areaMedian household income ~$77K · top tier income demographics
2-min walk to transit2 nearby routes · score 82/100
Score

Property score

Overall score
77.5Good
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
81.3
Good
Living area
75
Year built
94
Sales activity
88
Community Score
71.7
Good
Income
75
Education
44
Housing
83
Core need
88
Employment
83
Rankings

How it stacks up

Each metric compared against 135 homes on Pandora Avenue W, 234 in Melrose, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
1,478 sqft
ABOVE AVERAGE
StreetTop 19%AreaTop 11%CityTop 10%
Same street
Top 19%
#25 / 135
Same area
Top 11%
#25 / 234
Citywide
Winnipeg
Top 10%
#2,594 / 26,841
Tax-Assessed Value
350 k
ABOVE AVERAGE
StreetTop 10%AreaTop 6%CityTop 24%
Same street
Top 10%
#14 / 135
Same area
Top 6%
#14 / 234
Citywide
Winnipeg
Top 24%
#6,355 / 26,841
Year Built
2014
ABOVE AVERAGE
StreetTop 1%AreaTop 1%CityTop 20%
Same street
Top 1%
#1 / 135
Same area
Top 1%
#1 / 234
Citywide
Winnipeg
Top 20%
#5,253 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
2-401 Pandora Avenue W: Living Area 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.

2-401 Pandora Avenue W: Tax-Assessed Value Analysis

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.

2-401 Pandora Avenue W: Year Built Analysis

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.

Market

Melrose market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
178
last 14 years
Median price
257.5k
14-year area median
Price per sqft
$259/sqft
area average
Avg build year
2012
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

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.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46110833 · Statistics Canada 2021 Census · Population 776
776
Population (2021)
40.0
Median age
2.2
Avg household size
4,084 / km²
Population density
Distribution by household income band
10k-15k
1%
15k-20k
1%
20k-25k
4%
25k-30k
4%
30k-35k
3%
35k-40k
3%
40k-45k
4%
45k-50k
3%
50k-60k
9%
60k-70k
9%
70k-80k
9%
80k-90k
9%
90k-100k
7%
100k-125k
15%
125k-150k
9%
150k-200k
6%
200k plus
3%
$77K
Median household income
$88K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
35%
Single-person households
20%
Families with children
74%
Labour participation
8%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

2-401 Pandora Avenue W — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 350 m).

Search radius
🌳Parks2
Worship1

Crime & safety

Melrose · WPS public data
Full crime data →
Annual incidents
5
2026
vs. city average
-83%
▲ relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
60% of incidents

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
thursday
Recycling
thursday
Yard waste
thursday b

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

Highlights & common questions

Is this home right for you?

Property highlights

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.