Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Day Street): Above Average. Ranked #4 out of 20 (Top 20%). The street average for comparable homes is 906 sqft.
Neighborhood Level (Melrose): Below Average. Ranked #172 out of 234 (Bottom 26%). The neighborhood average for comparable homes is 1,126 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #16,424 out of 26,841 (Bottom 39%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Day Street): Above Average. Ranked #4 out of 20 (Top 20%). The street average for comparable homes is 197.4k.
Neighborhood Level (Melrose): Below Average. Ranked #215 out of 234 (Bottom 8%). The neighborhood average for comparable homes is 274.0k.
Citywide Level (Winnipeg): Below Average. Ranked #17,969 out of 26,841 (Bottom 33%). The citywide average for comparable homes is 276.9k.
Street Level (Day Street): Above Average. Ranked #1 out of 20 (Top 5%). The street average for comparable homes is 2008.
Neighborhood Level (Melrose): Below Average. Ranked #215 out of 234 (Bottom 8%). The neighborhood average for comparable homes is 2012.
Citywide Level (Winnipeg): Around Average. Ranked #8,688 out of 26,841 (Top 32%). 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
21-204 Day Street — 15 amenities found within 500 m, across 5 categories, including 6 dining (nearest 93 m), 2 education (nearest 362 m), 3 parks (nearest 409 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
Address · Tax-Assessed Value
Is this home right for you?
Property Overview
This 900 sqft property at 21-204 Day Street in Winnipeg's Melrose neighbourhood is a modern, low-maintenance unit built in 2008. Its primary appeal lies in its combination of recent construction and notable affordability, as evidenced by its recent sale price of $20,000. The home ranks in the top tier for newness within its immediate street and boasts a very low property tax base due to its assessed value. With no basement or garage, it offers a simplified lifestyle. It would suit a first-time buyer or an investor seeking an entry point into the market with minimal upfront capital, or someone looking for a compact, modern space without the upkeep of an older home or a yard. A less obvious perspective is that its high percentile rankings for newness contrast with its lower rankings for size and value, highlighting a specific niche: it's a newer build in a neighbourhood with many older homes, but with compact living quarters.
Frequently Asked Questions
1. What does the ranking data actually mean?
The percentile rankings compare this property to others. For example, ranking in the top 1% for land area on its street means 99% of properties on Day Street have a larger lot. Its top 3% ranking for year built on the street confirms it is one of the newest constructions in the immediate area.
2. Is this a standalone house or a different type of property?
The address format (21-204) and the lack of a basement or garage suggest this is likely a condominium or townhouse-style unit within a larger building or complex, rather than a detached single-family home.
3. Why is there such a difference between the sale price and assessed value?
The property sold for $20,000 in late 2024, slightly above its $19,300 assessed value. In this case, the market price and government assessment are closely aligned, both indicating a very affordable entry point.
4. What are the ongoing costs likely to be?
While the purchase price is low, prospective buyers must investigate condominium or strata fees associated with the building. These monthly fees cover shared expenses like exterior maintenance, building insurance, and common areas, and will significantly impact the total monthly housing cost.
5. Who might this property not suit?
It would not be ideal for buyers needing significant space, storage (due to no basement or garage), or who desire a traditional yard. The compact living area is below average for Winnipeg, making it best for individuals, couples, or those comfortable with efficient use of space.