Property score
73.0
Good
Overall 73.0 · Larger and newer than most nearby homes
1,504 sqft (top 4%) · Built in 1988 (41 yrs newer than avg)
Located in a above-average income area with median household income of ~77k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Above average
55% larger than neighborhood avg.
Year Built
Above average
41 yrs newer than neighborhood avg.
Mother tongue
English · 88%Tagalog · 4%
Past 10 years Melrose sales snapshot (~80% of all data)
259
212.8k
$256/sqft
1947
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73.0 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: #46110837
$77K
Median household income
$88K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
30%
Single-person households
22%
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
417 Pandora Avenue E — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 259 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 2% | Top 2% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 417 Pandora Avenue E in Winnipeg's Melrose neighbourhood presents a compelling mix of space, modern age, and value. Built in 1988, it is notably newer than most homes on its street and in the wider area. Its primary appeal lies in its generous 1,504 sqft of living area, which ranks within the top 4% of homes in Melrose, offering significantly more interior space than local averages. The lot size is practical at just under a quarter-acre, and the home's assessed value is modest relative to its size and condition.
The property would suit buyers looking for a well-sized home without the maintenance concerns of a century-old property. It’s particularly appealing for those who prioritize interior space over expansive yard work. The data suggests it offers a "more house for the dollar" proposition within its community, fitting for growing families, downsizers seeking single-level living (assuming bungalow layout), or value-conscious buyers wanting a move-in-ready home in a mature neighbourhood.
Frequently Asked Questions
1. How does the home's age affect its condition and potential costs?
Being built in 1988, major systems like the roof, windows, or furnace may be nearing or have recently reached their typical lifespan. This could represent either an update already completed by the previous owner or a near-future investment. It's newer than many area homes, potentially meaning fewer historical renovation issues.
2. The assessed value seems low compared to the last sold price. What does this mean?
The assessed value ($37,800) is for municipal tax purposes and is typically much lower than market value in Winnipeg. The 2022 sale in the $400k-$450k range is the relevant market indicator. The low assessment can be seen as a positive, contributing to relatively lower annual property taxes.
3. Is the lot size a disadvantage?
At 4,456 sqft, the lot is slightly larger than the Melrose average but smaller than the street average. This is a thoughtful trade-off: it requires less upkeep than a larger lot but still provides adequate private outdoor space. It aligns with a low-maintenance lifestyle.
4. What does its high ranking for living area actually signify?
Ranking in the top 4% in Melrose for living area means this home offers space that is rare for the neighbourhood. For the area, it is a relatively large home, which could contribute to better resale value and livability compared to its immediate peers.
5. The sold price history shows only one recent sale. How stable is the property's value?
The 2022 sale provides a solid, recent benchmark. The fact that it sold in a known price range during a shifting market period offers a grounded starting point for current valuation. Its strong rankings for size and age within the community suggest its fundamental desirability factors remain stable.
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