Property score
38.5
Below average
Overall 38.5 · Smaller and older than most nearby homes
759 sqft (bottom 20%) · Built in 1920 (27 yrs older than avg)
Located in a above-average income area with median household income of ~67k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 6 dining spots, 1 school, 3 parks, and 1 fuel station nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Below average
27 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 4%
Past 10 years Melrose sales snapshot (~80% of all data)
259
212.8k
$256/sqft
1947
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38.5 is composed by the two sections below.
Property Score
Community Score
Melrose
How to read: Share of sales in each ~$50k price band for “melrose” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110831
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
207 Melrose Avenue W — 15 amenities found within 500 m, across 5 categories, including 6 dining (nearest 89 m), 1 education (nearest 477 m), 3 parks (nearest 115 m).
Melrose · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
60%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 11% | Bottom 13% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 207 Melrose Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, century-old home (built 1920) on a standard city lot in Winnipeg's Melrose area. Its key characteristic is its modest scale: at 759 sq ft, the living area is notably smaller than most homes on its street, in the area, and across the city. The assessed value is correspondingly low, ranking in the bottom 10-12% of comparable properties locally.
The primary appeal lies in its position as an accessible entry point into the market. The low assessed value suggests a potentially lower purchase price and property tax burden. It suits practical, budget-conscious buyers such as first-time homeowners willing to trade space for affordability, or investors looking for a straightforward rental property. A thoughtful perspective is that a smaller, older home like this can represent a simpler footprint—both financially and in terms of maintenance—compared to larger, modern counterparts. Its 1920s construction may also appeal to those interested in adding character and value through thoughtful, incremental updates.
Section 2: Frequently Asked Questions
1. How does the small living area compare practically?
At 759 sq ft, the home is significantly cozier than the local average (approx. 980 sq ft). This typically indicates a classic two-bedroom bungalow or similar layout, suitable for individuals, couples, or small families comfortable with efficient living spaces.
2. What does the low assessed value indicate?
The assessed value of $20,600 ranks well below averages for the street, area, and city. This generally reflects the home's smaller size and age. It often correlates with a lower market price and property taxes, but a professional appraisal is needed to determine current market value.
3. What should I consider about a home built in 1920?
A 106-year-old home likely has older building materials and systems. While it may have charm, prospective buyers should budget for potential updates to wiring, plumbing, insulation, or the foundation, and should prioritize a thorough home inspection.
4. The home sold between $150k-$200k in 2021. What does that mean today?
This past sale price provides a historical benchmark, but market conditions have likely changed since 2021. It's a useful data point for trend analysis, but current value will depend on today's market, any improvements made, and the property's exact condition.
5. How does the lot size (2,860 sq ft) compare?
The lot is smaller than average for the neighbourhood but is a standard city dimension. It offers adequate outdoor space for a garden or patio but may not accommodate large additions. Its size is consistent with the home's overall modest footprint.
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