Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Bond Street): Above Average. Ranked #1 out of 18 (Top 6%). The street average for comparable homes is 1,026 sqft.
Neighborhood Level (Melrose): Around Average. Ranked #89 out of 234 (Top 38%). The neighborhood average for comparable homes is 1,126 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #11,725 out of 26,841 (Top 44%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Bond Street): Around Average. Ranked #8 out of 18 (Top 44%). The street average for comparable homes is 235.7k.
Neighborhood Level (Melrose): Below Average. Ranked #170 out of 234 (Bottom 27%). The neighborhood average for comparable homes is 274.0k.
Citywide Level (Winnipeg): Below Average. Ranked #14,493 out of 26,841 (Bottom 46%). The citywide average for comparable homes is 276.9k.
Street Level (Bond Street): Above Average. Ranked #1 out of 18 (Top 6%). The street average for comparable homes is 2009.
Neighborhood Level (Melrose): Below Average. Ranked #189 out of 234 (Bottom 19%). The neighborhood average for comparable homes is 2012.
Citywide Level (Winnipeg): Around Average. Ranked #8,062 out of 26,841 (Top 30%). 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
202-111 Bond Street — 14 amenities found within 500 m, across 4 categories, including 6 dining (nearest 36 m), 3 parks (nearest 119 m).
Crime & safety
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Related homes
Nearby interested homes
Address · Year Built · Living Area
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 202-111 Bond Street, Winnipeg
Key Characteristics & Appeal
This is a 1,046 sqft condominium in Winnipeg's Melrose neighbourhood, built in 2009. Its primary appeal lies in offering modern, low-maintenance living within a well-established building. The unit stands out on its own street for its size and age, ranking in the top 6% for living area and year built among 18 comparable properties. This suggests it is one of the more spacious and contemporary units within its immediate complex.
City-wide, the property presents a balanced profile. It is newer than the Winnipeg average (built in 1990) and its assessed value of $23,300 is slightly below the city-wide average for comparable homes. This combination points to a unit that offers modern construction without a premium price tag relative to the broader market. It would suit a first-time buyer, downsizer, or investor seeking a turn-key property that requires minimal immediate work. The recent sale history (sold between $150k-$200k in 2020) indicates it sits in an accessible price segment. A thoughtful perspective is that while it's average in its wider area for size and value, its strength is being a notably above-average offering within its own building—a potential advantage for resale among similar units.
Frequently Asked Questions
1. How does this unit compare to others in the same building?
The data indicates this is one of the more desirable units within 111 Bond Street itself. It ranks 1st out of 18 for both living area and year built on its street, meaning it is likely among the largest and newest in the complex.
2. What is the exact past sale price?
The public records show a sale in the range of $150,000 to $200,000 in 2020. The exact sale price is not publicly disclosed online, but it can be requested directly from the listing service.
3. Is the assessed value a good indicator of market value?
The assessed value ($23,300) is for municipal tax purposes. Market value is determined by current sale prices of similar properties. The assessed value here is below the city-wide average for comparable homes, which may be a point of discussion with a real estate professional regarding potential value.
4. What does the "below average" ranking for year built in the Melrose area mean?
While the unit was built in 2009, the average year built for comparable homes in the wider Melrose area is 2012. This means the immediate neighbourhood has several newer properties, but this unit remains significantly newer than the overall Winnipeg average.
5. Are there many similar units nearby?
The listing shows several units within the same address (111 Bond Street), confirming this is a multi-unit condominium building. For similarly priced properties, examples are found in various neighbourhoods across Winnipeg, such as Elmhurst and Westdale.