Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Melrose Avenue W): Above Average. Ranked #7 out of 45 (Top 16%). The street average for comparable homes is 918 sqft.
Neighborhood Level (Melrose): Around Average. Ranked #115 out of 234 (Top 49%). The neighborhood average for comparable homes is 1,126 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #13,250 out of 26,841 (Top 49%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Melrose Avenue W): Around Average. Ranked #13 out of 45 (Top 29%). The street average for comparable homes is 253.6k.
Neighborhood Level (Melrose): Around Average. Ranked #108 out of 234 (Top 46%). The neighborhood average for comparable homes is 274.0k.
Citywide Level (Winnipeg): Around Average. Ranked #11,411 out of 26,841 (Top 43%). The citywide average for comparable homes is 276.9k.
Street Level (Melrose Avenue W): Above Average. Ranked #1 out of 45 (Top 2%). The street average for comparable homes is 2014.
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
405-216 Melrose Avenue W — 13 amenities found within 500 m, across 4 categories, including 6 dining (nearest 73 m), 2 parks (nearest 62 m).
Crime & safety
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 405-216 Melrose Avenue W. No advertising. Data source details →
Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 405-216 Melrose Avenue W
Section 1: Key Characteristics & Appeal
This is a modern, low-maintenance condominium in Winnipeg's Melrose neighbourhood. Built in 2014, its primary appeal is its contemporary construction, offering a newer building with likely fewer immediate repair concerns compared to much of the city's housing stock. With 993 square feet of living space, it is notably spacious for its immediate area, ranking in the top 16% on its street.
The appeal lies in a balance of modern convenience and practical value. It suits first-time buyers seeking a move-in-ready home without the upkeep of a house, or downsizers looking for a comfortable, newer property. A thoughtful perspective is its relative newness within its context: it's among the very newest homes in the broader Melrose area, which can mean modern building standards, energy efficiency, and less competition from similar units. The assessed value is stable and aligned with area averages, suggesting a sensible, grounded investment rather than an over-improved property.
Section 2: Frequently Asked Questions
1. How does this property compare to others nearby?
The data shows this unit is newer than nearly all comparable properties in both its immediate area and on its street. It also offers more living space than most units on Melrose Avenue West, while its assessed value is consistent with the local market.
2. What is included in the "exact sold price history" and how do I get it?
The displayed sold price is a range based on public data. To receive the precise historical sale price, you can submit your email via the provided request form. The service is manual, with a promise of a reply by the end of the same day and no unsolicited marketing.
3. What do the ranking percentages (e.g., Top 16%) actually mean?
These percentiles show how this property compares to a defined group. For example, "Top 16% for Living Area on Melrose Avenue W" means approximately 84% of comparable homes on that street have less living space than this unit.
4. Is this a good investment compared to the wider Winnipeg market?
City-wide, this property is around average in both size and assessed value, but its year built is well above average. This indicates you are paying for a modern building within a competitively priced square footage bracket, which can be a strategic choice for long-term maintenance savings.
5. Where can I see more detailed neighbourhood data?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby homes for detailed comparison of year built, living area, assessed value, and lot size.