56.3
Fair
Property score
56.3
Fair
Overall 56.3
Newer than most nearby homes
834 sqft (bottom 34%)
Built in 1987 (40 yrs newer than avg)
Located in a above-average income area
with median household income of ~76.5k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Above average
40 yrs newer than neighborhood avg.
Mother tongue
English · 76%Tagalog · 6%
Past 10 years Melrose sales snapshot (~80% of all data)
259
212.8k
$256/sqft
1947
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56.3 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: #46110833
$77K
Median household income
$88K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
35%
Single-person households
20%
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
410 Melrose Avenue W — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 311 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 | Top 7% | Top 7% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 410 Melrose Avenue W
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and established neighbourhood character. Built in 1987, it is a notably newer construction compared to most homes on its street and in the wider Melrose area, suggesting potentially lower maintenance needs and updated building systems. With 834 sqft of living space, it offers a manageable footprint that is typical for the immediate locale but more compact than the Winnipeg city average, promoting an efficient, low-maintenance lifestyle.
Its primary appeal lies in its strong value proposition within its community. The assessed value ranks in the top 15-16% for both the street and the area, indicating it is viewed as a higher-value property among its direct peers. This, combined with its newer build date, positions it as a well-regarded asset in the neighbourhood. The lot size is standard for the area, providing adequate outdoor space without the burden of extensive upkeep.
This property would ideally suit first-time buyers seeking a move-in-ready home with modern fundamentals, or downsizers looking for a comfortable, manageable property in a mature neighbourhood. It also appeals to the value-conscious investor or buyer who prioritizes a property’s relative standing and newer age within its specific community over sheer size.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 834 sqft, the living space is slightly below the average for Melrose Avenue West (~980 sqft) and the broader Melrose area (~973 sqft). It is a compact and efficient layout, which is common for homes of its era in this location.
2. Why is the assessed value higher than many neighbours?
The assessed value of $32,500 ranks in the top 15% for the street. This is likely strongly influenced by the home’s 1987 build date, which is significantly newer than the area average (homes built around 1948), and suggests more modern construction and systems.
3. What does the 2022 sale price range indicate?
The property sold for an estimated $350k-$400k in 2022, a price that ranked in the top 7% for both the street and area at that time. This historical data reinforces its trend of being a premium-priced property within its immediate micro-market.
4. Is the lot size a constraint?
The 3,629 sqft lot is typical for the street and area. It is smaller than the city-wide average, but is standard for this established neighbourhood and provides a balanced yard space for its proportionate home size.
5. How does this home fit within the broader city context?
City-wide, this home is a study in contrasts: its living area and lot size are below the Winnipeg average, but its build date is newer than about 75% of city properties. This highlights its nature as a modern, efficient property within a well-established neighbourhood context, rather than a sprawling suburban home.
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