Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Melrose Avenue W): Below Average. Ranked #40 out of 45 (Bottom 11%). The street average for comparable homes is 918 sqft.
Neighborhood Level (Melrose): Below Average. Ranked #223 out of 234 (Bottom 5%). The neighborhood average for comparable homes is 1,126 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #22,513 out of 26,841 (Bottom 16%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Melrose Avenue W): Below Average. Ranked #42 out of 45 (Bottom 7%). The street average for comparable homes is 253.6k.
Neighborhood Level (Melrose): Below Average. Ranked #199 out of 234 (Bottom 15%). The neighborhood average for comparable homes is 274.0k.
Citywide Level (Winnipeg): Below Average. Ranked #16,043 out of 26,841 (Bottom 40%). 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
211-216 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
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 211-216 Melrose Avenue W. No advertising. Data source details →
Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview
This unit at 211-216 Melrose Avenue W in Winnipeg presents a specific value proposition. Its key appeal lies in being a modern, low-maintenance property within a well-established condo complex. Built in 2014, it is notably newer than most homes in its immediate area and across the city. The 732 sqft living space is compact, ranking below average for size both on its street and in the broader neighbourhood, which suggests an efficient layout suited for simpler living.
The property’s assessed value is below average for Melrose Avenue and the surrounding area, but sits close to the city-wide average. This combination of a recent build year and a modest assessment can indicate a lower property tax burden relative to newer or larger units. It would suit a first-time buyer, an investor, or someone looking to downsize who prioritizes modern building systems and minimal upkeep over square footage. The recent sale history (2023) shows it transacted in a competitive price range, reflecting steady market interest.
Frequently Asked Questions
1. Is this a good value for the money?
Based on the data, its assessed value is below the local area average, which can mean a relative value opportunity and potentially lower property taxes. However, the living space is also smaller than average, so value depends on whether you prioritize modern construction and location over interior size.
2. What does the "Elite" ranking for Year Built mean?
It means this unit is among the very newest (top 1-2%) properties on its street and in the local Melrose area. This is a significant advantage, suggesting fewer immediate repair concerns and modern amenities compared to the older housing stock nearby.
3. Why is the living area ranked below average?
At 732 sqft, the unit is simply smaller than most comparable homes on the street, in the area, and across Winnipeg. This isn’t unusual for condo units but is a key consideration for space needs.
4. How reliable is the sold price information?
The listed sold price (CA$200k–250k in 2023) is a public data range. For the exact sale price, you must request it directly from the source via email, as they manually verify and provide this detail.
5. Who would this property not suit?
It may not be ideal for buyers needing ample space for a growing family or those who prioritize a large interior. The below-average size rankings clearly indicate a compact living environment best for individuals, couples, or investors.