52.8
Fair
Property score
52.8
Fair
Overall 52.8
Larger but older than most nearby homes
1,052 sqft (top 30%)
Built in 1920 (27 yrs older than avg)
Located in a above-average income area
with median household income of ~71k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 3 dining spots, 2 parks, 1 fuel station, and 4 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
8% larger than neighborhood avg.
Year Built
Below average
27 yrs older 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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52.8 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
322 Regent Avenue W — 10 amenities found within 500 m, across 4 categories, including 3 dining (nearest 280 m), 2 parks (nearest 152 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 50% | Bottom 46% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 322 Regent Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic 1920s bungalow in the Melrose neighbourhood, offering a straightforward and practical living space. With 1,052 sqft of living area and a 3,750 sqft lot, its size is very typical for its immediate street and area, providing a comfortable footprint without being oversized. The data suggests its core appeal is as a stable, average-priced property within a well-established community, not as a standout in any single metric.
Its primary draw is value and location within a mature neighbourhood. The home sits on a decent-sized lot for the area and its assessed value is consistent with local norms, indicating a fair market position. It would suit a first-time buyer or practical investor looking for an entry into the Winnipeg market without premium costs, or someone who prefers the character and established streetscapes of an older neighbourhood like Melrose. A thoughtful perspective is that its "averageness" in the local context can be a strength—it represents a lower-risk, predictable investment in a settled area, avoiding the premium prices of newer developments or the potential extreme renovation costs of much older homes. However, the 106-year-old age is a significant consideration, likely appealing to buyers comfortable with the maintenance and update needs of a century-old structure.
Section 2: Frequently Asked Questions
1. How does this home compare to others nearby?
The home is very typical for Regent Avenue W and the Melrose area in terms of living space, lot size, and assessed value. It is older than most homes on the street and in the wider city.
2. What should I consider about the home's age?
Built in 1920, this is one of the older homes in the area. Prospective buyers should prioritize a thorough inspection to understand the condition of foundational elements, plumbing, electrical systems, and the roof, and budget for potential updates.
3. Is the assessed value a good indicator of the selling price?
The assessed value ($28,900) is for municipal tax purposes and is typically much lower than market value. Market value is better indicated by the last recorded sale price (between $200k-$250k in 2017) and current local sales comparisons.
4. How can I find out the exact past sale prices?
The exact sold price history is not publicly displayed. You can request it directly via the "Get exact sold price history" form on the listing page, and the service provider will email it to you.
5. What are the advantages of the lot size?
At 3,750 sqft, the lot is slightly smaller than the area average but still provides standard backyard space for a city bungalow. It offers manageable upkeep while allowing for a garden, patio, or shed.
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