59.8
Fair
Property score
59.8
Fair
Overall 59.8
Larger than most nearby homes
1,120 sqft (top 22%)
Built in 1945 (2 yrs older than avg)
Located in a above-average income area
with median household income of ~77k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 4 dining spots, 2 parks, 1 fuel station, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 88%Tagalog · 4%
Past 10 years Melrose sales snapshot (~80% of all data)
259
212.8k
$256/sqft
1947
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59.8 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: #46110837
$77K
Median household income
$88K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
30%
Single-person households
22%
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
300 Melrose Avenue E — 8 amenities found within 500 m, across 4 categories, including 4 dining (nearest 354 m), 2 parks (nearest 386 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 11% | Bottom 13% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 300 Melrose Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This home, built in 1945, presents a practical opportunity in Winnipeg’s Melrose area. Its key appeal lies in offering above-average interior space for its immediate neighborhood. With 1,120 square feet of living area, it ranks in the top 22% of homes on its street and in the broader Melrose area, meaning it provides more room than most comparable local properties. The lot size of 3,852 sq ft is typical for the area.
The property’s assessed value is notably below the citywide average, which may indicate a different value proposition compared to newer or more extensively renovated homes. This profile suggests a home that is well-sized for its locale but likely requires modernization. It would suit a value-conscious buyer, such as a first-time homeowner or an investor, who is comfortable with a property of this vintage and sees potential in its generous floor plan relative to the neighborhood. The appeal is grounded in space and location rather than turn-key finishes.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
Assessed value for tax purposes doesn't always equal market value and is influenced by many factors. In this case, the home's age (1945) and its value being below average citywide but around average for the Melrose area suggests it is characteristic of an established neighborhood with older housing stock.
2. How does the sold price history from 2019 relate to today’s value?
The property sold for an estimated $150k-$200k in 2019. This provides a historical benchmark, but market conditions, interest rates, and any changes to the property since then mean current value would be determined by a present-day market evaluation.
3. What does the "above average" living area ranking practically mean for me?
It means that within the Melrose area, this home offers more interior space than roughly 78% of similar properties. If you prioritize roominess over a newer build in this specific location, this is a relative strength.
4. Are the rankings for Year Built and Land Area a concern?
The rankings indicate the home is older and on a smaller lot than the Winnipeg average. However, both are around average for the Melrose neighborhood itself. This isn’t unusual; it simply confirms you are looking at a typical, established inner-city lot and a classic wartime-era home.
5. What might be the next steps if I'm interested?
Given the age of the home, a thorough inspection is essential to understand the condition of major systems (roof, wiring, plumbing, foundation). You should also review the "neighbourhood analysis page" mentioned in the details to compare this property visually with nearby homes on key metrics.
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