206-216 Melrose Avenue W

Built 2014Living Area 993 sqft
Sale History
SOLDin Jul 2024
250K±5,0003yr +8.7%
Tax Assessment
267k(prev. 237k)
+30k(+12.7%)
DateSold PriceNeighbourhood
2024-07Sold250K±5,00010/23
2021-01Sold230K±5,00025/39
2015-10Sold240K±5,0005/23
2014-10Sold230K±5,00027/110

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

Map
Near average993 sqft · top 49% in area · built 2014 · 2 yrs newer than avg
$
High-income areaMedian household income ~$67K · top tier income demographics
2-min walk to transit2 nearby routes · score 74/100
Score

Property score

Overall score
59.4Fair
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
59.9
Fair
Living area
42
Year built
94
Sales activity
88
Community Score
58.7
Fair
Income
68
Education
22
Housing
63
Core need
88
Employment
52
Rankings

How it stacks up

Each metric compared against 45 homes on Melrose Avenue W, 234 in Melrose, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
993 sqft
NEAR AVERAGE
StreetTop 16%AreaTop 49%CityTop 49%
Same street
Top 16%
#7 / 45
Same area
Top 49%
#115 / 234
Citywide
Winnipeg
Top 49%
#13,250 / 26,841
Tax-Assessed Value
267 k
NEAR AVERAGE
StreetTop 33%AreaTop 48%CityTop 43%
Same street
Top 33%
#15 / 45
Same area
Top 48%
#112 / 234
Citywide
Winnipeg
Top 43%
#11,539 / 26,841
Year Built
2014
ABOVE AVERAGE
StreetTop 2%AreaTop 1%CityTop 20%
Same street
Top 2%
#1 / 45
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 ▼
206-216 Melrose Avenue W: Living Area Analysis

Street Level (Melrose Avenue W): Above Average. Ranked #7 out of 45 (Top 16%). The street average for comparable homes is 918 sqft.

Neighborhood Level (Melrose): Around Average. Ranked #115 out of 234 (Top 49%). The neighborhood average for comparable homes is 1,126 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #13,250 out of 26,841 (Top 49%). The citywide average for comparable homes is 1,042 sqft.

206-216 Melrose Avenue W: Tax-Assessed Value Analysis

Street Level (Melrose Avenue W): Around Average. Ranked #15 out of 45 (Top 33%). The street average for comparable homes is 253.6k.

Neighborhood Level (Melrose): Around Average. Ranked #112 out of 234 (Top 48%). The neighborhood average for comparable homes is 274.0k.

Citywide Level (Winnipeg): Around Average. Ranked #11,539 out of 26,841 (Top 43%). The citywide average for comparable homes is 276.9k.

206-216 Melrose Avenue W: Year Built Analysis

Street Level (Melrose Avenue W): Above Average. Ranked #1 out of 45 (Top 2%). The street average for comparable homes is 2014.

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 #46110831 · Statistics Canada 2021 Census · Population 749
749
Population (2021)
44.0
Median age
2.0
Avg household size
3,404 / km²
Population density
Distribution by household income band
5k-10k
1%
10k-15k
1%
15k-20k
3%
20k-25k
4%
25k-30k
3%
30k-35k
3%
35k-40k
7%
40k-45k
5%
45k-50k
4%
50k-60k
11%
60k-70k
12%
70k-80k
8%
80k-90k
8%
90k-100k
8%
100k-125k
8%
125k-150k
4%
150k-200k
7%
200k plus
3%
$67K
Median household income
$71K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
48%
Single-person households
14%
Families with children
60%
Labour participation
12%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

206-216 Melrose Avenue W — 13 amenities found within 500 m, across 4 categories, including 6 dining (nearest 73 m), 2 parks (nearest 62 m).

Search radius
🍽️Dining6
🌳Parks2
Fuel Stations1
Worship4

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

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 206-216 Melrose Avenue W. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview: 206-216 Melrose Avenue W

Key Characteristics & Appeal

This property is a notably modern home in its neighbourhood, built in 2014. Its primary appeal lies in its relative newness, ranking in the top 2% for year built on its street and top 1% in the broader Melrose area. This suggests significantly lower maintenance concerns and more contemporary building standards compared to most surrounding homes.

With 993 square feet of living space, it offers an efficient, above-average layout for its immediate street, providing more room than many direct neighbours. Its assessed value is consistently average across all comparison levels, indicating a stable, market-aligned valuation without premium pricing.

The home would suit a practical buyer seeking a move-in-ready property without the hidden costs or surprises often associated with older homes. It’s ideal for someone who values modern construction and efficient use of space over a larger, but potentially older and more maintenance-heavy, property elsewhere. A thoughtful perspective is that this home offers a balance: you gain the benefits of a newer build while being situated in an established area, potentially offering more character and mature landscaping than a brand-new subdivision.


Frequently Asked Questions

1. How does the living area compare to nearby homes?
At 993 sqft, the living space is above average for Melrose Avenue West itself, but about average when compared to the wider Melrose area and the city overall.

2. What does the "Elite" ranking for year built mean?
It means this home is newer than approximately 99% of comparable properties in the Melrose area. Built in 2014, it is a much more recent construction than the typical area home.

3. Is the assessed value high for this property?
No. The assessed value is consistently around the average mark whether compared to its street, neighbourhood, or the entire city, suggesting it is not over- or under-valued by the assessor relative to its peers.

4. Can I get the exact historical sale prices?
The listed sale prices (e.g., CA$250k–300k in 2024) are estimated ranges from public data. The exact sale prices are available by request via email from the listing service.

5. What are the potential less obvious benefits of a 2014 build?
Beyond just being modern, a home of this age likely has more current energy efficiency standards, building codes, and material quality than older stock. It may also mean major components like the roof, furnace, and appliances are still within their typical lifespan, providing predictable costs for the next owner.