Property score
66.0
Good
Overall 66.0 · Larger and newer than most nearby homes
1,275 sqft (top 12%) · Built in 2006 (59 yrs newer than avg)
Located in a above-average income area with median household income of ~71k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 parks, 1 fuel station, and 3 place of worships nearby
Living Area
Above average
31% larger than neighborhood avg.
Year Built
Above average
59 yrs newer than neighborhood avg.
Mother tongue
English · 83%Tagalog · 3%
Past 10 years Melrose sales snapshot (~80% of all data)
259
212.8k
$256/sqft
1947
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66.0 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: #46110832
$71K
Median household income
$87K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
36%
Single-person households
21%
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
315 Pandora Avenue W — 9 amenities found within 500 m, across 4 categories, including 3 dining (nearest 219 m), 2 parks (nearest 108 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 18% | Top 18% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 315 Pandora Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 315 Pandora Avenue W in the Melrose neighbourhood stands out for its modern build and efficient use of space. Built in 2006, it is significantly newer than most homes on its street, in the Melrose area, and across Winnipeg, placing it in the top 5-14% for year built. This suggests updated construction standards, likely requiring less immediate maintenance than older properties.
The 1,275 sqft living area is comfortably above average for both the immediate street and the Melrose area, offering more interior space than many neighbouring homes. However, the 3,240 sqft lot is notably smaller than typical lots nearby. This creates a specific dynamic: you get a relatively modern, spacious house without the extensive yard upkeep, appealing for those seeking a low-maintenance outdoor space.
Its assessed value is strong for the local context, ranking in the top 10% within Melrose. A previous sale occurred between 2021-2025 in the $300k-$350k range. This profile suits buyers looking for a move-in-ready, modern home in a mature neighbourhood who prioritize interior space and newer systems over a large garden. It’s a practical choice for professionals, small families, or downsizers wanting a newer build without moving to a distant suburb.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for Year Built actually mean?
It means this 2006-built home is among the newest 5% of all comparable properties in the Melrose area, where the average home was built around 1947. This is a significant advantage in terms of modern materials, insulation, and likely newer major systems like plumbing and wiring.
2. The lot size is ranked "below average." Is that a major drawback?
It depends on your lifestyle. The yard is smaller than most in the area, which limits expansive gardening or large outdoor recreation space. For some, this is a downside. For others, it translates to less time and money spent on landscaping and yard maintenance, which can be a hidden benefit.
3. How can the assessed value be so much lower than the city-wide average?
The city-wide average assessed value (shown as ~$390k) is skewed by including many higher-value neighbourhoods and newer, larger homes. This property’s assessment is best compared locally, where it ranks very well (top 10% in Melrose). The assessment reflects its value relative to its immediate market, not the entire city.
4. The home sold between 2021 and 2025. Why isn't the exact price listed?
Exact sale prices in Manitoba are not publicly accessible data. The range provided is based on publicly available market estimates. For the precise historical sale price, you must request it directly from the listing service via the provided email link, which they manually verify.
5. Given its newer build and smaller lot, what might utility costs be like?
While not specified in the data, a 2006 build typically features better energy efficiency (windows, insulation) than the neighbourhood's older, pre-1960s average homes. This could lead to lower heating and cooling costs compared to many nearby properties, partially offsetting other expenses.
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