59.7
Fair
Property score
59.7
Fair
Overall 59.7
Larger and newer than most nearby homes
1,096 sqft (top 24%)
Built in 1958 (11 yrs newer 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
Above average
13% larger than neighborhood avg.
Year Built
Above average
11 yrs newer 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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59.7 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
308 Melrose Avenue E — 8 amenities found within 500 m, across 4 categories, including 4 dining (nearest 384 m), 2 parks (nearest 388 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 | Top 25% | Top 24% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1,096 sqft bungalow at 308 Melrose Avenue E presents a solid, well-positioned home in Winnipeg's Melrose neighbourhood. Built in 1958, it sits on a generous 4,512 sqft lot. The data suggests its primary appeal lies in its strong relative value within its immediate area. Its assessed value ranks in the top 15% for the Melrose area, indicating it is viewed as a higher-value property on its street and in the local community compared to many of its neighbours. Meanwhile, its living space is comfortably above the local average. This combination points to a home that offers good space and perceived value in its specific location. It last sold in the 2022 price range of CA$250k–300k.
The property would likely suit practical, value-conscious buyers such as first-time homeowners looking for a spacious starter home with room to grow outdoors, or investors seeking a property with strong fundamentals in a stable neighbourhood. Its above-average assessment for the area could also appeal to those who see long-term potential, believing the neighbourhood is on an upward trend.
Frequently Asked Questions
How does this home’s value compare to others nearby?
The home’s assessed value is notably above the average for both Melrose Avenue East and the wider Melrose area, ranking in the top 15%. This suggests it is considered a higher-value property in its immediate locale.
Is the living space typical for the area?
Yes, at 1,096 sqft, the living area is above the local average. It ranks in the top 25% on its street and top 24% in the Melrose area, offering more interior space than many comparable homes nearby.
What should I know about the age of the home?
Built in 1958, the home is newer than many in the Melrose area, where the average comparison home was built around 1947-1948. Buyers should still budget for maintenance and updates consistent with a home of this era.
How does the lot size compare?
The 4,512 sqft lot is slightly larger than the average lot in the immediate area, offering a bit more outdoor space than many neighbouring properties.
Where can I see more detailed context about the neighbourhood?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby homes with detailed comparisons for year built, living area, assessed value, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
