335 Melrose Avenue W

Melrose, Winnipeg

37.5

Below average

Overall 37.5

Smaller and older than most nearby homes

595 sqft (bottom 1%)

Built in 1914 (33 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, and 3 place of worships nearby

Living Area

Below average

39% smaller than neighborhood avg.

Year Built

Below average

33 yrs older than neighborhood avg.

Mother tongue

English · 83%Tagalog · 3%

Past 10 years Melrose sales snapshot (~80% of all data)

Sold Count

259

Median price

212.8k

$/sqft

$256/sqft

Avg build year

1947

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

37.5 is composed by the two sections below.

Property Score

20.3Low
Living Area595 sqft8Low
Year Built191416Low
Lot Size4,050 sqft53Fair
Neighbourhood Sales Activity88Excellent

Community Score

63.4Fair
Household Income72Good
Education Level10Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110832

Community deep dive

$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

Population, labour & age

Population (2021)517
Labour force participation rate74%
Median age38.8
Avg household size2.2
Unemployment rate8%
Population density3976 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households36%
Couple families with children21%
Median household income (2020)$71K

Housing

Renter households21%
Condominium dwellings6%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority21%
Bachelor's or higher (25–64)8%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
595 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 1%
Same street · Melrose Avenue W
#338 / 342
Bottom 1% · Avg 980 sqft
Same area · Melrose
#549 / 557
Bottom 1% · Avg 973 sqft
Citywide · Winnipeg
#193,187 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
217k
0255075100
Same streetBottom 16%Same areaBottom 18%CitywideBottom 11%
Same street · Melrose Avenue W
#287 / 342
Bottom 16% · Avg 275k
Same area · Melrose
#456 / 557
Bottom 18% · Avg 272.5k
Citywide · Winnipeg
#173,536 / 194,458
Bottom 11% · Avg 390.1k

Year Built

below average
1914
0255075100
Same streetBottom 10%Same areaBottom 11%CitywideBottom 11%

Lot Size

around average
4,050 sqft
0255075100
Same streetBottom 48%Same areaBottom 49%CitywideBottom 27%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

335 Melrose Avenue W — 8 amenities found within 500 m, across 3 categories, including 3 dining (nearest 320 m), 2 parks (nearest 190 m).

Search radius
🍽️Dining3
🌳Parks2
Worship3

Crime & Safety

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%

Sales History

Sold 11/2020CA$150k–200k
Sold price

Same street

Bottom 3%

Same area

Bottom 5%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 335 Melrose Avenue W, Winnipeg

Property Overview: 335 Melrose Avenue W, Winnipeg

Key Characteristics & Appeal

This is a compact, century-old home built in 1914, situated on a standard-sized lot in the Melrose area. Its defining characteristic is its modest 595 sqft living area, which is notably smaller than most homes on its street, in the area, and across Winnipeg. The assessed value is correspondingly low at $21,700, placing it in a more affordable tier compared to local and city-wide averages.

The primary appeal lies in its affordability and the potential it represents. It is a candidate for a minimalist lifestyle, a dedicated renovation project, or a strategic land investment given its roughly 4,050 sqft lot. The home last sold between $150k-$200k in 2020, suggesting its market value is driven more by the land and location than the existing structure. It would best suit a hands-on buyer looking for an entry point into the market, an investor comfortable with a renovation or hold strategy, or someone seeking a low-cost footprint without the burden of a large mortgage.

A less obvious perspective is that a home of this age and size offers a clear historical snapshot of early 20th-century housing, and its survival for over 110 years speaks to the durability of its original build. Its low annual property taxes, inferred from the assessed value, could also be a significant long-term financial advantage.

Frequently Asked Questions

1. Why is the living area so much smaller than nearby homes?
As a home built in 1914, its floor plan reflects the norms and needs of that era, where homes were often more compact and efficient. Many surrounding properties have been expanded, replaced, or were simply built larger in subsequent decades.

2. What does the assessed value mean for the selling price?
The assessed value is used for calculating municipal property taxes and is typically lower than market value. The last known sale price (2020) was between $150,000 and $200,000, which is a more relevant indicator of its market worth.

3. Is this a teardown or a renovation project?
That depends on the buyer's goals and budget. The size, age, and low assessed value indicate the existing structure contributes less to the property's total value, making it a potential candidate for redevelopment. However, it could also be renovated, depending on its condition and heritage considerations.

4. How do the rankings (e.g., "Top 99%") work?
A "Top 99%" rank for living area means the home is in the bottom 1% for size—it is smaller than 99% of comparable properties. Conversely, a "Top 52%" rank for land area means the lot size is fairly average, being larger than about 52% of peers.

5. Can I get the exact historical sale price?
The exact sale prices are not publicly displayed in detail. The listing service offers to provide the precise figures manually via email upon request, at no cost and without marketing spam.

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.