50.0
Fair
Property score
50.0
Fair
Overall 50.0
Older than most nearby homes
973 sqft (top 44%)
Built in 1920 (27 yrs older than avg)
Located in a above-average income area
with median household income of ~77k
Transit 82.0
2-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
Near average
0% smaller than neighborhood avg.
Year Built
Below average
27 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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50.0 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: #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
302 Melrose Avenue E — 8 amenities found within 500 m, across 4 categories, including 4 dining (nearest 363 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 7% | Bottom 7% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 302 Melrose Avenue E, Winnipeg
Key Characteristics & Appeal
This is a compact, century-old home (built 1920) on a standard city lot in the Melrose area. Its primary appeal lies in its position as an affordable entry point into the Winnipeg market, with an assessed value significantly below the city average. The living space (973 sq ft) is typical for the immediate street and neighborhood, offering a manageable layout for a smaller household.
The property suits first-time buyers or practical investors seeking a lower-cost option with renovation potential. Its below-average assessed value suggests a potentially lower property tax burden, which is a key, less obvious advantage for budget-conscious owners. While the lot is smaller than many in the city, it is reasonably proportional to the home's size, offering manageable outdoor maintenance. A thoughtful perspective for the right buyer is viewing this as a "value-hold" property: you're acquiring a home in a mature neighborhood at a basis well under city averages, which can be a strategic starting point.
Frequently Asked Questions
1. How does the assessed value affect my property taxes?
A lower assessed value typically results in a lower municipal property tax bill. This home's assessment is in the bottom 10-15% for the city, which is a significant factor in its ongoing affordability.
2. What should I consider with a home built in 1920?
While offering charm, a home of this age will likely require updates to mechanical systems like wiring and plumbing. A thorough inspection is essential to understand the condition of the structure, foundation, and any past renovations.
3. Is the living area sufficient for a family?
At 973 square feet, the layout is compact. It is best suited for a single person, a couple, or a small family. The space is on par with many other homes on the street but below the city-wide average for living area.
4. The sold price history shows a range from 2017. What does that mean?
The listed range (CA$150k–200k) is an estimate based on public data. To obtain the exact historical sale price for informed comparison, you must request it directly from the listing service via the provided email option.
5. How does the lot size impact future plans?
The lot of 2,971 sq ft is smaller than the city average but standard for the area. It provides yard space but may limit the potential for large additions or detached structures, depending on local zoning bylaws.
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