61.5
Fair
Property score
61.5
Fair
Overall 61.5
Larger than most nearby homes
1,488 sqft (top 4%)
Built in 1946 (1 yr older than avg)
Located in a average-income area
with median household income of ~60k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 6 dining spots, 1 school, 1 park, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
53% larger than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 79%Tagalog · 6%
Past 10 years Melrose sales snapshot (~80% of all data)
259
212.8k
$256/sqft
1947
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61.5 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: #46110836
$60K
Median household income
$68K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
45%
Single-person households
16%
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
216 Melrose Avenue E — 11 amenities found within 500 m, across 5 categories, including 6 dining (nearest 271 m), 1 education (nearest 455 m), 1 parks (nearest 393 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 | Top 31% | Top 31% | Bottom 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 3% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 216 Melrose Avenue E, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and established neighbourhood character. Its most standout feature is the generous 1,488 sqft of living area, which ranks in the top 4% for its immediate street and broader Melrose area, offering significantly more interior space than most comparable local homes. Built in 1946, it is a classic post-war property with a larger-than-average lot for the neighbourhood at 4,457 sqft, providing good outdoor space.
The appeal lies in this above-average interior footprint coupled with a managed investment profile. The assessed value is consistently above average for the local area, yet remains around the median city-wide, suggesting a solid value proposition within a desirable location. Recent sale history indicates steady appreciation. This property would suit a buyer looking for a character home with ample room to grow into, who values a established community feel over a brand-new build, and who appreciates a home that already stands out in its immediate context for its size and lot.
Frequently Asked Questions
1. How does the home’s age affect its value and condition?
Built in 1946, the home is typical for its established neighbourhood. While its age is greater than the Winnipeg average, this is balanced by its prime ranking for living space locally. Buyers should budget for updates common to homes of this era, but can also expect the character and build quality of a well-maintained property from this period.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($31.70k for taxation purposes) is a benchmark, not a market price. The home’s last recorded sale was in the $250k-$300k range in 2021. Its assessed value ranking well above local averages suggests municipal assessment recognizes its premium attributes relative to the area, but the market will determine the final price.
3. What does the "top 4%" ranking for living area actually mean?
This statistic means that, compared to similar homes on Melrose Avenue E and in the Melrose area, this home has more living space than 96% of them. It is a notably spacious home in its specific local context, which is a key differentiator.
4. The city-wide lot size ranking is lower. Does the property have a small yard?
Not at all. While the lot is smaller than the Winnipeg average (which includes newer suburbs with larger plots), at over 4,400 sqft it is actually larger than the average lot for both the street and the Melrose area. It offers a very respectable yard size for its established neighbourhood.
5. How can I find out the exact historical sold prices?
Exact sale prices are not publicly displayed in detail. The listing service offers to provide this information manually via email upon request, with the data sourced from public records over the last decade.
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