60.9
Fair
Property score
60.9
Fair
Overall 60.9
Larger but older than most nearby homes
1,552 sqft (top 4%)
Built in 1912 (35 yrs older than avg)
Located in a above-average income area
with median household income of ~71k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 2 parks, and 2 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
59% larger than neighborhood avg.
Year Built
Below average
35 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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60.9 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
356 Melrose Avenue W — 6 amenities found within 500 m, across 3 categories, including 2 dining (nearest 395 m), 2 parks (nearest 271 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 | Bottom 28% | Bottom 31% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 356 Melrose Avenue W
Section 1: Key Characteristics & Appeal
This home presents a distinct profile defined by its spacious interior within a century-old structure. Its primary appeal lies in its generous 1,552 sqft living area, which ranks in the elite top 4% for its immediate street and neighborhood, offering significantly more space than typical local homes. This makes it a compelling option for buyers seeking room to grow without moving to a newer, often more distant suburb.
The property suits practical buyers who value interior space over lot size or modern construction. It’s ideal for someone comfortable with the character and potential maintenance considerations of a 1912-built home, and who sees the below-average assessed value as an opportunity for equity growth through updates. The lot, while smaller than area averages, provides manageable outdoor space. This isn’t a modern, move-in-ready showcase; it’s a substantial canvas in a well-established area, perfect for a homeowner with a vision or a need for ample square footage on a pragmatic budget.
Section 2: Frequently Asked Questions
1. How does the home’s age impact its value and condition?
Built in 1912, the home is notably older than most in Winnipeg. This can mean charming character but also necessitates a thorough inspection for foundational integrity, wiring, plumbing, and insulation to understand any needed investments.
2. The assessed value seems low compared to the city average. Why?
The city-wide assessed value ranking is below average. This typically reflects the home’s age, the smaller lot size, and potentially the interior condition or outdated systems compared to the broader market. It can indicate a more affordable entry point and a different value proposition focused on interior space.
3. Is the large living area a result of additions or an original layout?
Given the home’s age and the fact its living area is exceptionally large for the area, it would be prudent to verify if the square footage includes permitted additions or finished spaces. This can affect insurance, property taxes, and resale value.
4. What are the implications of having a smaller lot?
At 2,970 sqft, the lot is below the neighborhood average. This means lower maintenance for yards but may limit expansion possibilities like large additions, decks, or pools. It also suggests a closer proximity to neighboring homes.
5. Where can I see accurate historical sale prices?
The listed sale price ranges are based on public data. For exact sold prices and a complete history, you must request the information directly via the email service provided on the listing page. This ensures accuracy for your valuation research.
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