Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Melrose Avenue W): Above Average. Ranked #7 out of 45 (Top 16%). The street average for comparable homes is 918 sqft.
Neighborhood Level (Melrose): Around Average. Ranked #115 out of 234 (Top 49%). The neighborhood average for comparable homes is 1,126 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #13,250 out of 26,841 (Top 49%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Melrose Avenue W): Below Average. Ranked #26 out of 45 (Bottom 42%). The street average for comparable homes is 253.6k.
Neighborhood Level (Melrose): Below Average. Ranked #131 out of 234 (Bottom 44%). The neighborhood average for comparable homes is 274.0k.
Citywide Level (Winnipeg): Around Average. Ranked #11,688 out of 26,841 (Top 44%). The citywide average for comparable homes is 276.9k.
Street Level (Melrose Avenue W): Above Average. Ranked #1 out of 45 (Top 2%). The street average for comparable homes is 2014.
Neighborhood Level (Melrose): Above Average. Ranked #1 out of 234 (Top 0%). The neighborhood average for comparable homes is 2012.
Citywide Level (Winnipeg): Above Average. Ranked #5,253 out of 26,841 (Top 20%). The citywide average for comparable homes is 1990.
Melrose market pulse
How to read: Share of sales in each ~$50k price band for “melrose” (Condos, 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
305-216 Melrose Avenue W — 13 amenities found within 500 m, across 4 categories, including 6 dining (nearest 73 m), 2 parks (nearest 62 m).
Crime & safety
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 305-216 Melrose Avenue W. No advertising. Data source details →
Related homes
Nearby interested homes
Address · Year Built · Living Area
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 305-216 Melrose Avenue W
Key Characteristics & Appeal
This is a well-maintained, modern condominium built in 2014, offering 993 square feet of living space. Its primary appeal lies in its relative newness within its context—it ranks in the top 1-2% of homes in its immediate Melrose area for year built, meaning it is one of the newest buildings on the block and requires less immediate concern for major repairs or updates compared to older stock. The living space is efficiently sized, ranking above average for its specific street, and the assessed value is consistently around the median for the neighbourhood and city, suggesting a stable, fair-market valuation.
The property suits practical buyers looking for a move-in-ready home without the surprises of an older building. It’s ideal for first-time homeowners, downsizers, or investors seeking a modern unit with lower maintenance demands. A thoughtful perspective is that while the unit isn't exceptionally large city-wide, its above-average size for its street offers a sense of space and value within a specific, comparable peer group. The sales history shows steady value appreciation, with the last sale in 2024 placing in the top quarter of the local area, indicating growing desirability.
Frequently Asked Questions
1. How does this property’s age compare to nearby homes?
It is exceptionally new for the area. Built in 2014, it ranks in the top 1% of homes in the broader Melrose neighbourhood, meaning it is significantly newer than most surrounding properties.
2. Is the living space considered large?
At 993 sqft, it is above average in size compared to other homes on Melrose Avenue West specifically (top 16%). Compared to the entire city, it is around the median size, offering a comfortable, efficient layout without being oversized.
3. What does the assessed value indicate?
The assessed value of $23,600 is consistently around the middle range—not the highest or lowest—when compared to the street, neighbourhood, and city. This suggests the property is valued in line with market norms, which can be positive for property tax stability and resale.
4. What can the past sale prices tell me?
The public data shows three sales (2016, 2021, 2024) in broad price ranges. The most recent sale range in 2024 placed in the top 24% for the area, indicating a strong upward trend in its market performance compared to its own prior sales and local peers.
5. How can I find out the exact historical sale prices?
The exact sold prices are not published in the public record. You can request them directly via the provided email service, which manually retrieves and shares the accurate figures without using your contact information for marketing.