425 Melrose Avenue E

Two StoreyBuilt 2023Living Area 1,427 sqft
Map
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Above average1,427 sqft · top 6% in area · built 2023 · 76 yrs newer than avg
$
High-income areaMedian household income ~$77K · top tier income demographics
→
2-min walk to transit2 nearby routes · score 82/100
Score

Property score

Overall score
72● Good
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
73.6
Good
Living area
75
Year built
100
Lot size
28
Sales activity
88
Community Score
69.5
Fair
Income
75
Education
22
Housing
93
Core need
100
Employment
83
Rankings

How it stacks up

Each metric compared against 342 homes on Melrose Avenue E, 557 in Melrose, and 194,457 citywide. Polygon points further from the centre = better rank.
Living Area
1,427 sqft
● ABOVE AVERAGE
StreetTop 6%AreaTop 6%CityTop 34%
Same street
Top 6%
#21 / 342
Same area
Top 6%
#34 / 557
Citywide
Winnipeg
Top 34%
#66,748 / 194,457
Tax-Assessed Value
419 k
● ABOVE AVERAGE
StreetTop 3%AreaTop 4%CityTop 45%
Same street
Top 3%
#11 / 342
Same area
Top 4%
#25 / 557
Citywide
Winnipeg
Top 45%
#88,100 / 194,455
Year Built
2023
● ABOVE AVERAGE
StreetTop 1%AreaTop 1%CityTop 1%
Same street
Top 1%
#1 / 342
Same area
Top 1%
#1 / 557
Citywide
Winnipeg
Top 1%
#1,331 / 194,457
Lot Size
2,700 sqft
● BELOW AVERAGE
StreetBottom 8%AreaBottom 6%CityBottom 7%
Same street
Bottom 8%
#316 / 342
Same area
Bottom 6%
#522 / 557
Citywide
Winnipeg
Bottom 7%
#180,120 / 194,457
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
425 Melrose Avenue E: Living Area Analysis

Street Level (Melrose Avenue E): Above Average. Ranked #21 out of 342 (Top 6%). The street average for comparable homes is 980 sqft.

Neighborhood Level (Melrose): Above Average. Ranked #34 out of 557 (Top 6%). The neighborhood average for comparable homes is 973 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #66,748 out of 194,457 (Top 34%). The citywide average for comparable homes is 1,342 sqft.

425 Melrose Avenue E: Tax-Assessed Value Analysis

Street Level (Melrose Avenue E): Above Average. Ranked #11 out of 342 (Top 3%). The street average for comparable homes is 291.6k.

Neighborhood Level (Melrose): Above Average. Ranked #25 out of 557 (Top 4%). The neighborhood average for comparable homes is 289.1k.

Citywide Level (Winnipeg): Around Average. Ranked #88,100 out of 194,455 (Top 45%). The citywide average for comparable homes is 435.4k.

425 Melrose Avenue E: Year Built Analysis

Street Level (Melrose Avenue E): Above Average. Ranked #1 out of 342 (Top 0%). The street average for comparable homes is 1948.

Neighborhood Level (Melrose): Above Average. Ranked #1 out of 557 (Top 0%). The neighborhood average for comparable homes is 1947.

Citywide Level (Winnipeg): Above Average. Ranked #1,331 out of 194,457 (Top 1%). The citywide average for comparable homes is 1966.

425 Melrose Avenue E: Lot Size Analysis

Street Level (Melrose Avenue E): Below Average. Ranked #316 out of 342 (Bottom 8%). The street average for comparable homes is 4,095 sqft.

Neighborhood Level (Melrose): Below Average. Ranked #522 out of 557 (Bottom 6%). The neighborhood average for comparable homes is 4,166 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #180,120 out of 194,457 (Bottom 7%). The citywide average for comparable homes is 6,570 sqft.

Market

Melrose market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
261
last 14 years
Median price
212.8k
14-year area median
Price per sqft
$256/sqft
area average
Avg build year
1947
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” (Detached houses (non-condo), 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 #46110837 · Statistics Canada 2021 Census · Population 407
407
Population (2021)
36.4
Median age
2.3
Avg household size
3,700 / km²
Population density
Distribution by household income band
20k-25k
3%
25k-30k
6%
30k-35k
3%
35k-40k
3%
40k-45k
3%
45k-50k
3%
50k-60k
11%
60k-70k
8%
70k-80k
11%
80k-90k
8%
90k-100k
8%
100k-125k
17%
125k-150k
11%
150k-200k
6%
$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
75%
Labour participation
5%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

425 Melrose Avenue E — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 219 m).

Search radius
🌳Parks2
⛪Worship1

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

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
thursday
Recycling
thursday
Yard waste
thursday b

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 425 Melrose Avenue E. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Overall 72.0

Larger and newer than most nearby homes

1,427 sqft (top 6%)

Built in 2023 (76 yrs newer than avg)

Located in a above-average income area

with median household income of ~77k

Transit 82.0

2-min walk to transit with 2 nearby routes

Within 500m: 2 parks, and 1 place of worship nearby