Property score
45.7
Below average
Overall 45.7 · Older than most nearby homes
913 sqft (bottom 49%) · Built in 1918 (29 yrs older 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
6% smaller than neighborhood avg.
Year Built
Below average
29 yrs older 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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45.7 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
221 Melrose Avenue W — 14 amenities found within 500 m, across 4 categories, including 6 dining (nearest 122 m), 3 parks (nearest 64 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 | Bottom 39% | Bottom 42% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 221 Melrose Avenue W
Key Characteristics & Appeal
This home is a practical, early 20th-century property built in 1918, offering 913 square feet of living space on a 2,860 sqft lot. Its primary appeal lies in its position as a modest, entry-level home in a mature neighbourhood. The data suggests it is a smaller, older, and more affordable option compared to most homes in Winnipeg, but it holds its own within its immediate Melrose area, where its living space is close to the local average.
The property would suit first-time buyers or investors seeking an affordable foothold in the market, with a clear understanding that it may require updates. It also appeals to those who prefer a smaller, lower-maintenance lot and home without the premium price of a larger, newer property. A thoughtful perspective is that this home represents the character and history of its neighbourhood, potentially offering a simpler living footprint in a well-established community, which can be a specific lifestyle choice rather than just a budget compromise.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific characteristics—its smaller size, older age, and modest lot—compared to the broader Winnipeg market, which includes many larger, newer homes. It reflects the home's value within its own tier of the market.
2. What does the sold price history indicate?
The home sold between $200,000 and $250,000 in 2023. This recent sale provides a concrete market benchmark, showing it transacts at a price point significantly below the city's average home value, consistent with its assessment.
3. How does this home compare to its direct neighbours?
The home is generally below the street and area averages for lot size, year built, and assessed value. However, its living area is very close to the average for the Melrose area, indicating the homes nearby are of a similar, comfortable scale.
4. What should I consider about a home built in 1918?
While offering classic charm, a home of this age will likely have older systems (like plumbing, electrical, and insulation). A thorough inspection is essential to understand the condition and potential need for upgrades or maintenance.
5. Is the smaller lot size a disadvantage?
It depends on your priorities. A smaller lot means less outdoor maintenance, which can be a benefit for those seeking a low-maintenance lifestyle. However, it offers less space for expansions, large gardens, or private outdoor recreation compared to larger city lots.
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