Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Regent Avenue E): Above Average. Ranked #1 out of 242 (Top 0%). The street average for comparable homes is 974 sqft.
Neighborhood Level (Melrose): Above Average. Ranked #3 out of 557 (Top 1%). The neighborhood average for comparable homes is 973 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #14,209 out of 194,457 (Top 7%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Regent Avenue E): Above Average. Ranked #12 out of 242 (Top 5%). The street average for comparable homes is 289.2k.
Neighborhood Level (Melrose): Above Average. Ranked #31 out of 557 (Top 6%). The neighborhood average for comparable homes is 289.1k.
Citywide Level (Winnipeg): Around Average. Ranked #94,561 out of 194,455 (Top 49%). The citywide average for comparable homes is 435.4k.
Street Level (Regent Avenue E): Above Average. Ranked #43 out of 242 (Top 18%). The street average for comparable homes is 1952.
Neighborhood Level (Melrose): Above Average. Ranked #90 out of 557 (Top 16%). The neighborhood average for comparable homes is 1947.
Citywide Level (Winnipeg): Below Average. Ranked #108,715 out of 194,457 (Bottom 44%). The citywide average for comparable homes is 1966.
Street Level (Regent Avenue E): Above Average. Ranked #31 out of 242 (Top 13%). The street average for comparable homes is 4,118 sqft.
Neighborhood Level (Melrose): Above Average. Ranked #82 out of 557 (Top 15%). The neighborhood average for comparable homes is 4,166 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #88,984 out of 194,457 (Top 46%). The citywide average for comparable homes is 6,570 sqft.
Melrose market pulse
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.
- 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
416 Regent Avenue E — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 491 m), 2 parks (nearest 254 m).
Crime & safety
Waste collection schedule
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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 & Key Characteristics
This home at 416 Regent Avenue E in Winnipeg's Melrose neighbourhood stands out for its generous proportions. Built in 1962, its primary appeal is its significant 2,160 square feet of living space, which ranks in the top 1% for size both on its street and in the local area. It sits on a 5,400 sqft lot, which is also notably larger than most nearby properties. Interestingly, while its assessed value is high for its immediate vicinity, it aligns more closely with the city-wide average, suggesting a property that offers above-average space for a relatively typical Winnipeg price point. The home last sold in the 2022 price range of $350k-$400k.
Its appeal lies in offering substantial interior space and a larger-than-average yard in a mature neighbourhood. It would particularly suit buyers who prioritize roominess over a brand-new build—growing families, multi-generational households, or those who work from home and need dedicated office space. The data suggests it's a property that delivers more house and land for your dollar within its specific community, making it a practical choice for value-conscious buyers seeking established character and space.
Frequently Asked Questions
1. Why is the assessed value so much lower than the last sold price?
Assessed values in Manitoba are set for municipal tax purposes and often don't reflect current market value. The recent sale price is a more accurate indicator of the home's worth in today's market.
2. How does the age of the home (1962) affect things?
A home from this era likely has mature landscaping and established neighbourhood character. Buyers should budget for updates consistent with its age, such as roofing, windows, or mechanical systems, while also appreciating the potential for solid construction and larger room sizes typical of the period.
3. The living area is in the top 1%. What does that mean practically?
It means this home has over twice the living space of the average home on Regent Avenue E. This translates to more bedrooms, larger common areas, more storage, or flexible spaces like a den or playroom that are harder to find in most homes in this specific area.
4. What are the implications of the lot size ranking?
With a lot size in the top 15% for the area, you have more outdoor space than most neighbours. This allows for greater privacy, larger gardens, ample parking, or room for additions like a shed, deck, or patio.
5. The city-wide rankings for size and value are less extreme than the local ones. What does this indicate?
This highlights the neighbourhood context. You're getting a property that is exceptionally large for Melrose, but more comparable to an average-sized home across all of Winnipeg. The value proposition is strongest if you want to live in this specific area and desire more space than what is typically available here.