Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Melrose Avenue E): Around Average. Ranked #118 out of 342 (Top 35%). The street average for comparable homes is 980 sqft.
Neighborhood Level (Melrose): Around Average. Ranked #187 out of 557 (Top 34%). The neighborhood average for comparable homes is 973 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #132,478 out of 194,457 (Bottom 32%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Melrose Avenue E): Below Average. Ranked #188 out of 342 (Bottom 45%). The street average for comparable homes is 291.6k.
Neighborhood Level (Melrose): Around Average. Ranked #277 out of 557 (Top 50%). The neighborhood average for comparable homes is 289.1k.
Citywide Level (Winnipeg): Below Average. Ranked #158,042 out of 194,455 (Bottom 19%). The citywide average for comparable homes is 435.4k.
Street Level (Melrose Avenue E): Below Average. Ranked #179 out of 342 (Bottom 48%). The street average for comparable homes is 1948.
Neighborhood Level (Melrose): Below Average. Ranked #294 out of 557 (Bottom 47%). The neighborhood average for comparable homes is 1947.
Citywide Level (Winnipeg): Below Average. Ranked #142,278 out of 194,457 (Bottom 27%). The citywide average for comparable homes is 1966.
Street Level (Melrose Avenue E): Below Average. Ranked #305 out of 342 (Bottom 11%). The street average for comparable homes is 4,095 sqft.
Neighborhood Level (Melrose): Below Average. Ranked #500 out of 557 (Bottom 10%). The neighborhood average for comparable homes is 4,166 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #180,077 out of 194,457 (Bottom 7%). 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
233 Melrose Avenue E — 10 amenities found within 500 m, across 5 categories, including 4 dining (nearest 308 m), 1 education (nearest 442 m), 2 parks (nearest 333 m).
Crime & safety
Waste collection schedule
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 233 Melrose Avenue E, Winnipeg
Key Characteristics & Appeal
This is a modest, post-war home built in 1949, offering a practical and affordable entry point into Winnipeg’s Melrose neighbourhood. With 1,040 square feet of living space, it sits right around the average size for both the immediate street and the broader area, making it a typical home for the locale. Its assessed value is similarly average for Melrose, but notably lower than the city-wide average, highlighting its relative affordability within Winnipeg.
The appeal here is grounded in value and location rather than size or modern features. The lot is compact at 2,701 sqft, which is smaller than most in the area, suggesting lower maintenance and potentially a more manageable yard. This characteristic, combined with the home’s age, positions it well for first-time buyers, downsizers, or practical investors seeking a lower-cost holding. It suits someone comfortable with a home of this vintage, possibly looking for a liveable property to update over time without the premium of a larger lot or a recently built structure. A less obvious perspective is that its very "averageness" for the street provides a stable, predictable benchmark, insulating it from being over-improved for the area.
Frequently Asked Questions
1. What does the assessed value tell me about the property taxes?
The assessed value of $26,700 is a key figure used by the city to calculate property taxes. While not a direct market price, this low assessment relative to city-wide averages suggests the tax burden should be comparatively manageable.
2. The lot size is noted as "below average." How significant is this?
The lot is approximately 2,700 square feet, which is smaller than many in Winnipeg. This means less exterior maintenance and yard work, which can be a benefit for some, but also offers less private outdoor space and potential for expansion compared to neighbours.
3. The home was last sold between 2016-2025. Can I find out the exact price?
The exact sold price is not publicly listed in detail. As noted on the detail page, you can request this information directly via email from the service, and they provide it manually without using your email for marketing.
4. How does the age of the home (1949) affect what I should consider?
Homes from this era often have solid construction but may require updates to major systems like wiring, plumbing, or insulation. A thorough inspection is advised to understand the condition and plan for any modernizations or maintenance typical for a 77-year-old house.
5. The rankings show the living area is "around average" for the area but "below average" city-wide. What does this mean?
This indicates the home’s size is perfectly in line with the character of the Melrose neighbourhood, where homes tend to be more modest. The city-wide comparison includes many newer suburban areas with larger footprints, so it doesn’t reflect a disadvantage locally, but rather the type of housing stock common in this established part of Winnipeg.