408-216 Melrose Avenue W

Built 2014Living Area 993 sqft
Sale History
SOLDin Jul 2014
220K±5,000
Tax Assessment
272k(prev. 243k)
+29k(+11.9%)
DateSold PriceNeighbourhood
2014-07Sold220K±5,00030/110

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
↑
Near average993 sqft · top 49% in area · built 2014 · 2 yrs newer than avg
$
High-income areaMedian household income ~$67K · top tier income demographics
→
2-min walk to transit2 nearby routes · score 74/100
Score

Property score

Overall score
59.4● Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
59.9
Fair
Living area
42
Year built
94
Sales activity
88
Community Score
58.7
Fair
Income
68
Education
22
Housing
63
Core need
88
Employment
52
Rankings

How it stacks up

Each metric compared against 45 homes on Melrose Avenue W, 234 in Melrose, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
993 sqft
● NEAR AVERAGE
StreetTop 16%AreaTop 49%CityTop 49%
Same street
Top 16%
#7 / 45
Same area
Top 49%
#115 / 234
Citywide
Winnipeg
Top 49%
#13,250 / 26,841
Tax-Assessed Value
272 k
● NEAR AVERAGE
StreetTop 18%AreaTop 39%CityTop 42%
Same street
Top 18%
#8 / 45
Same area
Top 39%
#92 / 234
Citywide
Winnipeg
Top 42%
#11,212 / 26,841
Year Built
2014
● ABOVE AVERAGE
StreetTop 2%AreaTop 1%CityTop 20%
Same street
Top 2%
#1 / 45
Same area
Top 1%
#1 / 234
Citywide
Winnipeg
Top 20%
#5,253 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
408-216 Melrose Avenue W: Living Area 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.

408-216 Melrose Avenue W: Tax-Assessed Value Analysis

Street Level (Melrose Avenue W): Above Average. Ranked #8 out of 45 (Top 18%). The street average for comparable homes is 253.6k.

Neighborhood Level (Melrose): Around Average. Ranked #92 out of 234 (Top 39%). The neighborhood average for comparable homes is 274.0k.

Citywide Level (Winnipeg): Around Average. Ranked #11,212 out of 26,841 (Top 42%). The citywide average for comparable homes is 276.9k.

408-216 Melrose Avenue W: Year Built Analysis

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.

Market

Melrose market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
178
last 14 years
Median price
257.5k
14-year area median
Price per sqft
$259/sqft
area average
Avg build year
2012
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

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.

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Weekly report
Winnipeg Real Estate Market Report — Jun 1–7, 2026
A tale of two timelines this week: nearly two-thirds of homes closed within 10 days at a steep over-asking premium, while everything that lingered past two weeks sold at a discount. The market is rewarding speed almost without exception.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016…
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
Community deep dive

Who lives in this neighbourhood

Dissemination area #46110831 · Statistics Canada 2021 Census · Population 749
749
Population (2021)
44.0
Median age
2.0
Avg household size
3,404 / km²
Population density
Distribution by household income band
5k-10k
1%
10k-15k
1%
15k-20k
3%
20k-25k
4%
25k-30k
3%
30k-35k
3%
35k-40k
7%
40k-45k
5%
45k-50k
4%
50k-60k
11%
60k-70k
12%
70k-80k
8%
80k-90k
8%
90k-100k
8%
100k-125k
8%
125k-150k
4%
150k-200k
7%
200k plus
3%
$67K
Median household income
$71K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
48%
Single-person households
14%
Families with children
60%
Labour participation
12%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

408-216 Melrose Avenue W — 13 amenities found within 500 m, across 4 categories, including 6 dining (nearest 73 m), 2 parks (nearest 62 m).

Search radius
🍽️Dining6
🌳Parks2
⛽Fuel Stations1
⛪Worship4

Crime & safety

Melrose · WPS public data
Full crime data →
Annual incidents
5
2026
vs. city average
-83%
▲ relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
60% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 408-216 Melrose Avenue W. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Overall 59.4

Newer than most nearby homes

993 sqft (top 49%)

Built in 2014 (2 yrs newer than avg)

Located in a above-average income area

with median household income of ~67k

Transit 74.0

2-min walk to transit with 2 nearby routes

Within 500m: 6 dining spots, 2 parks, 1 fuel station, and 4 place of worships nearby