Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Pandora Avenue W): Above Average. Ranked #1 out of 135 (Top 1%). The street average for comparable homes is 1,262 sqft.
Neighborhood Level (Melrose): Above Average. Ranked #1 out of 234 (Top 0%). The neighborhood average for comparable homes is 1,126 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #1,101 out of 26,841 (Top 4%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Pandora Avenue W): Above Average. Ranked #1 out of 135 (Top 1%). The street average for comparable homes is 299.9k.
Neighborhood Level (Melrose): Above Average. Ranked #1 out of 234 (Top 0%). The neighborhood average for comparable homes is 274.0k.
Citywide Level (Winnipeg): Around Average. Ranked #5,636 out of 26,841 (Top 21%). The citywide average for comparable homes is 276.9k.
Street Level (Pandora Avenue W): Above Average. Ranked #1 out of 135 (Top 1%). The street average for comparable homes is 2013.
Neighborhood Level (Melrose): Above Average. Ranked #1 out of 234 (Top 0%). The neighborhood average for comparable homes is 2012.
Citywide Level (Winnipeg): Above Average. Ranked #5,253 out of 26,841 (Top 20%). The citywide average for comparable homes is 1990.
Melrose market pulse
How to read: Share of sales in each ~$50k price band for “melrose” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
4-401 Pandora Avenue W — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 350 m).
Crime & safety
Waste collection schedule
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 4-401 Pandora Avenue W. No advertising. Data source details →
Related homes
Nearby interested homes
Address · Year Built · Living Area
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 4-401 Pandora Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This property is a standout, modern unit in Winnipeg's Melrose neighbourhood, built in 2014. Its primary appeal lies in its exceptional space and contemporary build relative to its peers. With 1,668 sqft of living area, it ranks in the top 1% for size both on its street and in the wider Melrose area, offering significantly more room than average comparable homes. This is a relatively new construction in a city where many homes are older, placing it in the top 20% city-wide for year built.
The appeal is clear: you get a spacious, modern home without the premium often associated with a brand-new build. It suits buyers who prioritize interior space and newer infrastructure but may not require a detached house. It’s an ideal fit for a growing family, a professional needing a home office, or anyone seeking a low-maintenance, modern property that still offers room to grow. A thoughtful perspective is its value proposition; the assessed value is consistently in the top tier locally, yet it sold within the $350k-$400k range in 2022, suggesting it may offer more space per dollar than newer, similarly priced builds in other areas.
Section 2: Frequently Asked Questions
1. What does the "top 1%" ranking actually mean?
It means this property outperforms 99% of comparable homes on that specific metric (like living area or year built) within the stated geographic group, such as its street or the Melrose area. It's a direct measure of how it stacks up against its immediate competition.
2. Is the assessed value the same as the market price?
No. The assessed value (currently $30,500) is for municipal tax purposes. The market price is what a buyer is willing to pay. The last known sold price was between $350,000 and $400,000 in 2022, which is a more relevant indicator of market value.
3. What type of dwelling is this (e.g., condo, townhouse)?
The address format "4-401" and the list of nearby units (e.g., 3-401, 2-401) strongly indicate this is a condominium or apartment-style unit within a multi-unit building.
4. Why is there only a sold price range and not the exact figure?
The exact sold price is not always publicly available in Manitoba. The provided range is based on public data. You can request the exact price from the site via email, as noted in the details.
5. How does the age of the building (2014) benefit a buyer?
A 12-year-old building typically means modern building codes, newer major systems (like HVAC, wiring, and plumbing), and potentially better energy efficiency compared to the Winnipeg city-wide average home built in 1990. This can translate to lower immediate repair costs and updated amenities.