53.6
Fair
Property score
53.6
Fair
Overall 53.6
Older than most nearby homes
1,024 sqft (top 35%)
Built in 1912 (35 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
Near average
5% larger than neighborhood avg.
Year Built
Below average
35 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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53.6 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
309 Pandora Avenue E — 8 amenities found within 500 m, across 4 categories, including 4 dining (nearest 404 m), 2 parks (nearest 431 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 47% | Top 38% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 309 Pandora Avenue E, Winnipeg
Key Characteristics & Appeal
This home is a 1,024 sqft property built in 1912, situated on a 2,971 sqft lot in the Melrose neighbourhood. Its primary appeal lies in its position as a modest, historically grounded entry point into the Winnipeg market. The home’s living space is typical for its immediate area and neighbourhood, offering a functional footprint without excess. The standout characteristic is its notably low municipal assessed value ($22,300), which is well below averages for the street, Melrose, and the city overall. This suggests a potentially lower property tax burden, a key practical advantage.
The property would suit a pragmatic, value-conscious buyer. This could be a first-time purchaser seeking affordability over modern finishes, an investor looking for a rental property with a lower tax overhead, or someone interested in a "blank canvas" home with historical character (pre-dating WWI) who is prepared for the updates and maintenance a 114-year-old house will require. Its smaller lot size relative to neighbours means less yard upkeep, which could be a positive for those seeking a lower-maintenance property.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
Municipal assessments are based on a mass appraisal system considering factors like age, size, condition, and recent sales. The significant gap here likely reflects the home’s older age and potentially its condition or specific features compared to newer or renovated homes on the street.
2. What should I consider due to the home’s age (1912)?
While offering charm, a home of this age requires careful attention. Prospective buyers should budget for potential updates to major systems like wiring, plumbing, and insulation, and seek a thorough inspection for structural integrity. Heritage character may come with the need for specialized maintenance.
3. How does the recent sale price (2024, $250k-$300k) compare to the assessment?
The sale price is market-driven and was significantly higher than the assessed value. This is common and indicates that buyers were willing to pay a premium based on market conditions, location, or the home’s potential, beyond the city’s valuation for tax purposes.
4. The lot size is smaller than many in the area. What are the implications?
The smaller lot (2,971 sqft) means less outdoor space for gardening or expansion. However, it also translates to less yard work and may contribute to the lower assessed value. It’s important to verify setback and zoning rules if any future addition or garage is contemplated.
5. The rankings show this home is "below average" in many categories for the city. Is that a concern?
These statistical rankings are useful context but don’t define the property’s value for you. They confirm this is a modest, older home on a smaller lot in a city-wide context—factors already reflected in its price. The key is whether the specific location, house layout, and affordability meet your personal needs.
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.
