Property score
39.0
Below average
Overall 39.0 · Smaller than most nearby homes
789 sqft (bottom 26%) · Built in 1926 (21 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
Below average
19% smaller than neighborhood avg.
Year Built
Below average
21 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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39.0 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
227 Melrose Avenue W — 14 amenities found within 500 m, across 4 categories, including 6 dining (nearest 140 m), 3 parks (nearest 50 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 45% | Bottom 49% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 227 Melrose Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, century-old home built in 1926, offering a practical entry point into Winnipeg’s Melrose neighborhood. With 789 square feet of living space, it is notably smaller than most homes on its street, in the area, and across the city, positioning it as a low-maintenance option. Its assessed value is fairly typical for Melrose but sits well below the citywide average, suggesting a more accessible price point.
The appeal lies in its efficiency and location. The lot, while smaller than area averages, provides manageable outdoor space. For the right buyer, the smaller scale translates to lower utility costs and less upkeep. This property would best suit a first-time homebuyer, an investor looking for a rental property, or a downsizer seeking a straightforward, no-frills home in an established neighborhood. Its average standing within the immediate area indicates it’s a representative, not an outlier, property on Melrose Avenue, offering a grounded, realistic purchase.
Section 2: Frequently Asked Questions
1. How does the home’s size compare practically?
At 789 sq ft, the living space is significantly cozier than the average area home (approx. 973-980 sq ft). This emphasizes efficient use of space and likely means fewer rooms or smaller room sizes, suited for a simpler lifestyle.
2. What does the assessed value indicate about the price?
The assessed value ($26,200) is around the average for Melrose but is far below the citywide average. This typically suggests the property may be priced for its specific local market rather than city-wide trends, potentially offering value within this neighborhood.
3. Are there concerns with a 100-year-old home?
Built in 1926, it is older than most city homes. While this can mean character, it also necessitates a thorough inspection for foundational integrity, wiring, plumbing, and insulation to understand potential maintenance or upgrade needs.
4. How usable is the land?
The 2,860 sq ft lot is smaller than most in the area. It provides yard space but may limit expansion possibilities like a large addition or detached garage. It’s adequate for a patio or garden but not for extensive outdoor features.
5. How can I find out what it last sold for?
The listing shows a sale between 2017-2025 for an estimated $200k-$250k. For the exact sale price and date, you must request the information via the email service provided, as this data is verified and shared manually by the listing service.
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