Property score
55.4
Fair
Overall 55.4 · Newer than most nearby homes
936 sqft (top 48%) · Built in 2017 (70 yrs newer than avg)
Located in a above-average income area with median household income of ~67k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 6 dining spots, 3 parks, 1 fuel station, and 4 place of worships nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Above average
70 yrs newer 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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55.4 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
217 Melrose Avenue W — 14 amenities found within 500 m, across 4 categories, including 6 dining (nearest 111 m), 3 parks (nearest 77 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 2% | Top 3% | Top 33% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 5% | Top 5% | Top 38% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 11% | Top 11% | Bottom 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 217 Melrose Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home stands out in its Melrose neighborhood for its modern build and strong value. Built in 2017, it is significantly newer than most homes on the street and in the wider city, placing it in the top 3-5% for year built locally. This translates to less immediate concern for major system updates and likely modern building standards.
Its primary appeal lies in this combination of new construction within an established area. The 936 sqft living space is typical for the immediate vicinity, offering a manageable size for efficient living. Notably, its assessed value ranks in the elite top 4-5% for the street and neighborhood, suggesting it is viewed as a higher-value property relative to its local peers, though it is around average compared to the entire city.
The lot size (2,860 sqft) is below average for the area, which may appeal to buyers seeking a newer home with less yard maintenance. Conversely, it may not suit those prioritizing expansive outdoor space.
This property would best suit first-time buyers or downsizers looking for a modern, low-maintenance home in a settled neighborhood without the quirks or renovation demands of an older house. It’s also a sensible option for value-focused investors or buyers attracted to a property that holds a strong assessed value position within its community.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high compared to other homes on the street?
The assessed value ranks in the top 4% for Melrose Avenue W. This is likely due to the home's very recent construction (2017) compared to the street's average build year of 1948, meaning it has newer materials, systems, and modern amenities that increase its valuation.
2. What does the "below average" land area mean for me?
The lot is 2,860 sqft, which is about 30% smaller than the local average. This means a more manageable yard with less maintenance, but potentially limited space for large additions, pools, or extensive gardening compared to neighbors.
3. The home sold three times in recent years (2019, 2021, 2022). Is that a concern?
The recent sale history indicates a property that has changed hands several times in a short period. While the reasons are not specified, it warrants asking your real estate agent to investigate the context. It could be due to investor activity, personal circumstances of previous owners, or other factors unrelated to the property itself.
4. How does the living area compare to a typical Winnipeg home?
At 936 sqft, the living space is below the Winnipeg city-wide average (1,342 sqft). However, it is perfectly aligned with the average size of homes in both the Melrose neighborhood (~973 sqft) and on this specific street (~980 sqft). It is a comfortably sized home for the area.
5. Where can I see more details about the neighborhood and nearby properties?
A detailed neighborhood analysis map is available for this listing. It allows you to visually compare this property with nearby homes based on year built, living area, assessed value, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
