Property score
How it stacks up
Detailed ranking 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.
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.
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.
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
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
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).
Crime & safety
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
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Similar assessed value
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Is this home right for you?
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.