Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Melrose Avenue E): Above Average. Ranked #10 out of 342 (Top 3%). The street average for comparable homes is 980 sqft.
Neighborhood Level (Melrose): Above Average. Ranked #18 out of 557 (Top 3%). The neighborhood average for comparable homes is 973 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #53,066 out of 194,457 (Top 27%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Melrose Avenue E): Below Average. Ranked #282 out of 342 (Bottom 18%). The street average for comparable homes is 291.6k.
Neighborhood Level (Melrose): Below Average. Ranked #442 out of 557 (Bottom 21%). The neighborhood average for comparable homes is 289.1k.
Citywide Level (Winnipeg): Below Average. Ranked #176,756 out of 194,455 (Bottom 9%). The citywide average for comparable homes is 435.4k.
Street Level (Melrose Avenue E): Below Average. Ranked #243 out of 342 (Bottom 29%). The street average for comparable homes is 1948.
Neighborhood Level (Melrose): Below Average. Ranked #405 out of 557 (Bottom 27%). The neighborhood average for comparable homes is 1947.
Citywide Level (Winnipeg): Below Average. Ranked #169,712 out of 194,457 (Bottom 13%). The citywide average for comparable homes is 1966.
Street Level (Melrose Avenue E): Below Average. Ranked #292 out of 342 (Bottom 15%). The street average for comparable homes is 4,095 sqft.
Neighborhood Level (Melrose): Below Average. Ranked #483 out of 557 (Bottom 13%). The neighborhood average for comparable homes is 4,166 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #178,226 out of 194,457 (Bottom 8%). The citywide average for comparable homes is 6,570 sqft.
Melrose market pulse
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.
- 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
221 Melrose Avenue E — 12 amenities found within 500 m, across 5 categories, including 5 dining (nearest 262 m), 2 education (nearest 416 m), 2 parks (nearest 339 m).
Crime & safety
Waste collection schedule
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Related homes
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Address · Year Built · Living Area
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Summary: 221 Melrose Avenue E, Winnipeg
Key Characteristics & Buyer Appeal
This home presents a distinct profile defined by a significant contrast between its interior space and its land value. Its primary appeal is its generous 1,561 sqft living area, which ranks in the top 3% for its immediate street and neighborhood, offering substantially more room than typical local comparables. This makes it a standout for buyers seeking space in a mature area without a modern suburban footprint. The trade-off is reflected in its well-below-average assessed value and a smaller, more urban lot size, suggesting the value is concentrated in the built structure rather than the land.
The property, built in 1920, suits a specific buyer: someone prioritizing interior square footage over a large yard, who is comfortable with the character and potential maintenance considerations of a century-old home, and who sees opportunity in a lower property assessment. It’s a practical choice for families or individuals needing ample room who are budget-conscious regarding property taxes, but who may have plans for updates. A less obvious perspective is that this home’s metrics suggest it could be a relative "value play" for its space in the area, potentially appealing to buyers who view the lower assessment not just as a tax benefit, but as a base for adding value through renovations.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed value is primarily for municipal tax purposes and is influenced heavily by lot size, age, and recent sales in the area. This home’s smaller lot and older age contribute to its lower assessment compared to newer, larger-lot homes city-wide.
2. What does the "Top 3%" ranking for living area actually mean?
It means that, compared to similar properties on Melrose Avenue E, this home has more living space than 97% of them. Its interior is significantly larger than the local average of about 980 sqft.
3. Are there any concerns with a home built in 1920?
While offering classic character, a home of this age will likely have older systems (like plumbing, wiring, or the foundation). A thorough inspection is essential to understand the condition and plan for any necessary updates or maintenance.
4. How reliable is the sold price range shown from 2016?
The range is based on available public data. For the exact historical sale price, you must request it via the provided email service, as land title records in Manitoba are not freely published online.
5. The lot is smaller than average. What are the implications?
A smaller lot (2,802 sqft) means less outdoor maintenance and yard space. It indicates a more urban setting, potentially with homes closer together. This can be a benefit for those seeking a lower-maintenance exterior but a drawback for those wanting extensive gardens or private outdoor space.